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Lifetime Brands (LCUT)
NASDAQ:LCUT
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
-0.15Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: 4.05%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Positive
The earnings call highlights a strong performance in e-commerce sales and international segment improvement, supported by strategic initiatives like the Dolly Parton program and distribution center relocation. However, challenges remain with mass channel declines, soft UK markets, and tariff impacts. Overall, the positive aspects slightly outweigh the negative, indicating a cautiously optimistic outlook.Company Guidance
During Lifetime Brands' fourth quarter 2024 earnings call, the company reported a 6% increase in net sales to $215 million, with e-commerce contributing 24% of total sales for the quarter and over 20% for the full year. Gross margin expanded by 130 basis points, reaching 37.7%, driven by a significant improvement in the international segment, which saw a margin rise of 1,140 basis points to 38.6%. The Dolly Parton program, a key growth driver, generated $7 million in incremental sales in 2024, with expectations to double in 2025. The international segment sales increased by 7.2% and are expected to reach profitability by 2026, aided by Project Concorde. The company also announced a strategic relocation of its East Coast distribution center to Maryland, benefiting from $13 million in government subsidies. Adjusted net income for Q4 2024 was $12 million, or $0.55 per diluted share, while adjusted EBITDA for the full year stood at $55.4 million.Sales and Margin Growth
Fourth quarter net sales increased by 6% to $215 million compared to $203 million in the same period last year. Gross margin expanded by 130 basis points.
E-commerce Success
E-commerce sales grew by 9% quarter over quarter and accounted for 24% of total sales in the fourth quarter and over 20% for the full year 2024. US e-commerce sales saw a 10% increase year over year.
International Segment Improvement
International sales increased by 7.2%, with a significant gross margin improvement of 1,140 basis points to 38.6% in the fourth quarter.
Dolly Parton Program Success
Generated $7 million in incremental sales in 2024, with expectations to double in 2025. Strong sell-through at Dollar General noted.
Strategic Relocation of Distribution Center
Relocation of the East Coast distribution center from New Jersey to Maryland, increasing space by 30% with $13 million in government subsidies.
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LCUT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LCUT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $5.19 | $4.81 | -7.32% |
| Nov 07, 2024 | $6.33 | $5.98 | -5.53% |
| Aug 08, 2024 | $7.17 | $7.11 | -0.84% |
| May 09, 2024 | $9.05 | $9.84 | +8.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lifetime Brands (LCUT) report earnings?
Lifetime Brands (LCUT) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Lifetime Brands (LCUT) earnings time?
Lifetime Brands (LCUT) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LCUT EPS forecast?
LCUT EPS forecast for the fiscal quarter 2025 (Q1) is -0.09.
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