Lifetime Brands (LCUT) Sales Drop 7%
Lifetime Brands (NASDAQ:LCUT), the company behind well-known kitchenware and home solutions brands, released its results for Q2 2025 on August 7, 2025. The most important news was a steep drop in both revenue and earnings, including a $(0.50) loss per share (Non-GAAP), which was much lower than the $(0.14) non-GAAP loss analysts had expected. Revenue (GAAP) was $131.9 million, falling short of the expected $138.1 million (GAAP) and marking a 6.9% decline in GAAP net sales from the same period last year. The quarter included a major non-cash impairment charge of $33.2 million related to the U.S. business. Overall, the quarter highlighted mounting pressure from declining sales and tariff-related costs, partly balanced by stable gross margins and tight cost management.
Source: Analyst estimates for the quarter provided by FactSet.
Lifetime Brands designs, sources, and sells kitchenware, tableware, and home solutions products. The portfolio includes both owned and licensed brands such as Farberware, Mikasa, and KitchenAid. These products are sold through mass retailers, e-commerce, and specialty stores, targeting a wide audience with accessible price points.
Source Fool.com
