LIFETIME BRANDS, INC

For the period ended Mar 31, 2026. Filed May 7, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 7, 2026

LCUT$7.98+6.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets – (unaudited) and

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share data)

	March 31,2026	December 31,2025
(unaudited)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$13,864	$4,267
Accounts receivable, less allowances of $11,042 at March 31, 2026 and $11,970 at December 31, 2025	114,949	161,861
Inventory	190,299	194,046
Prepaid expenses and other current assets	11,704	12,147
Income taxes receivable	3,384	1,572
TOTAL CURRENT ASSETS	334,200	373,893
PROPERTY AND EQUIPMENT, net	18,260	15,441
OPERATING LEASE RIGHT-OF-USE ASSETS	45,008	48,506
INTANGIBLE ASSETS, net	128,557	132,922
OTHER ASSETS	1,836	1,793
TOTAL ASSETS	$527,861	$572,555
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Current maturity of term loan	$5,057	$5,022
Accounts payable	26,710	45,844
Accrued expenses	67,104	64,294
Current portion of operating lease liabilities	15,237	16,143
TOTAL CURRENT LIABILITIES	114,108	131,303
OTHER LONG-TERM LIABILITIES	13,552	14,261
INCOME TAXES PAYABLE, LONG-TERM	686	686
OPERATING LEASE LIABILITIES	39,239	42,442
DEFERRED INCOME TAXES	1,519	1,554
REVOLVING CREDIT FACILITY	36,611	54,105
TERM LOAN	124,650	125,927
STOCKHOLDERS’ EQUITY
Preferred stock, $1.00 par value, shares authorized: 100 shares of Series A and 2,000,000 shares of Series B; none issued and outstanding	—	—
Common stock, $0.01 par value, shares authorized: 50,000,000 at March 31, 2026 and December 31, 2025; shares issued and outstanding: 22,855,008 at March 31, 2026 and 22,654,207 at December 31, 2025	229	227
Paid-in capital	284,305	283,449
Accumulated deficit	(69,132)	(63,354)
Accumulated other comprehensive loss	(17,906)	(18,045)
TOTAL STOCKHOLDERS’ EQUITY	197,496	202,277
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$527,861	$572,555

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.