DA Davidson lowered the firm’s price target on Lifetime Brands (LCUT) to $6 from $6.75 and keeps a Neutral rating on the shares after its Q4 results. After two soft months, sales revved up in December, driven by strength in the club channel and e-commerce, though the firm is reducing its annual EBITDA estimates ahead of tariff impacts, the analyst tells investors in a research note. DA Davidson cuts its FY25 EBITDA view to $53.0M from $55.8M and its FY26 view to $51.5M from $57.0M.
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Read More on LCUT:
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- Lifetime Brands reports Q4 adjusted EPS 55c, consensus 43c
- Lifetime Brands to provide FY25 guidance with Q1 results
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