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LIFETIME BRANDS INC

For the period ended Mar 31, 2025. Filed May 8, 2025.

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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, 2025 · Filed May 8, 2025

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

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Condensed Consolidated Statements of Operations (unaudited) – and

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

Three Months EndedMarch 31,
20252024
Net sales$140,085$142,242
Cost of sales89,44884,695
Gross margin50,63757,547
Distribution expenses18,07016,181
Selling, general and administrative expenses31,46839,536
Income from operations1,0991,830
Interest expense(4,915)(5,614)
Mark to market loss on interest rate derivatives(527)(174)
Loss before income taxes and equity in losses(4,343)(3,958)
Income tax benefit (provision)142(210)
Equity in losses, net of taxes—(2,092)
NET LOSS$(4,201)$(6,260)
BASIC LOSS PER COMMON SHARE$(0.19)$(0.29)
DILUTED LOSS PER COMMON SHARE$(0.19)$(0.29)
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.