Education
About Us
Working with TipRanks
Follow Us
Lifetime Brands (LCUT)
NASDAQ:LCUT
Top Page
Lifetime Brands
(NASDAQ:LCUT)
Rating:57Neutral
Price Target:
$3.50
▲( 10.76% Upside)
Positive Factors
E-commerce performance
The company posted strong gains in e-commerce and the dollar & club channels driven by new product introductions and solid POS sell through.
International sales growth
International sales grew for the second consecutive quarter, +7% following +11% in Q3, showing strong global market expansion.
Quarterly performance
Lifetime Brands reported strong Q4 results, with sales 5% ahead of consensus, adjusted EBITDA in line, and adjusted EPS well above expectations.
Negative Factors
European market challenges
Little progress on improving European profitability despite multiple restructurings remains a concern.
Retail and inventory challenges
Slower retail sales and elevated inventory levels at key mass retailers were cited, with ordering patterns softened due to tariff concerns.
Tariff impact
Material exposure to the recently announced tariffs could negatively impact the company's profitability.
Lifetime Brands (LCUT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$72.40M
Dividend Yield5.26%
Average Volume (3M)87.43K
Price to Earnings (P/E)―
Beta (1Y)0.51
Revenue Growth-0.39%
EPS Growth-122.38%
CountryUS
Employees1,180
SectorConsumer Cyclical
Sector Strength74
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)-0.25
Shares Outstanding22,414,005
10 Day Avg. Volume109,318
30 Day Avg. Volume87,430
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)0.31
Price to Sales (P/S)0.00
P/FCF Ratio3.41
Enterprise Value/Market Cap4.22
Enterprise Value/Revenue0.11
Enterprise Value/Gross Profit1.20
Enterprise Value/Ebitda2.29
Forecast
1Y Price Target
$5.50Price Target Upside74.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Lifetime Brands Business Overview & Revenue Model
Company DescriptionLifetime Brands, Inc. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware. It also provides home solutions, such as thermal beverageware, bath scales, weather and outdoor household, food storage, neoprene travel, and home décor products. The company owns or licenses various brands, including Farberware, Mikasa, Taylor, KitchenAid, KitchenCraft, Pfaltzgraff, BUILT NY, Rabbit, Kamenstein, and MasterClass. It serves mass market merchants, specialty stores, commercial stores, department stores, warehouse clubs, grocery stores, off-price retailers, food service distributors, pharmacies, food and beverage outlets, and e-commerce. The company sells its products directly, as well as through its own websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.
How the Company Makes MoneyLifetime Brands makes money primarily through the sale of its products to retailers, distributors, and directly to consumers via e-commerce platforms. The company's revenue streams include sales from kitchenware, tableware, and other home products across multiple distribution channels, including department stores, mass merchants, specialty retailers, and online platforms. Key revenue drivers include innovative product designs, brand recognition, and strategic partnerships with retailers and licensors. Additionally, the company may engage in licensing agreements, allowing other companies to produce and sell products under Lifetime Brands' popular trademarks, providing a supplementary income stream.
Lifetime Brands Financial Statement Overview
Summary
The company's declining revenue and negative net profit margin indicate challenges in achieving profitability, despite stable gross margins. High leverage poses financial risks, but positive cash flow generation shows resilience. Overall, financial performance is mixed with notable risks.Income Statement
The company has a declining revenue trend over the past few years. Gross profit margin remains relatively stable, but the net profit margin is negative, indicating challenges in achieving profitability. EBIT and EBITDA margins show a decrease, reflecting pressure on operational efficiency.65
Positive
Balance Sheet
The debt-to-equity ratio is relatively high, indicating significant leverage, which could pose financial risks. The return on equity is negative, which is concerning for investors. The equity ratio shows that equity makes up a reasonable portion of total assets, providing some stability.60
Neutral
Cash Flow
The company shows positive free cash flow, with a growth rate indicating improved cash generation capabilities. The operating cash flow to net income ratio is favorable, suggesting good cash flow relative to accounting profits. However, ongoing negative net income remains a concern.70
Positive
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 680.79M | 682.95M | 686.68M | 727.66M | 862.92M | 769.17M | Gross Profit |
| 253.79M | 260.70M | 254.64M | 260.32M | 303.32M | 274.00M | EBIT |
| 26.35M | 27.08M | 31.94M | 24.26M | 50.84M | 45.28M | EBITDA |
| 29.58M | 35.91M | 51.77M | 43.93M | 71.77M | 48.34M | Net Income Common Stockholders |
| -10.09M | -15.16M | -8.41M | 3.30M | 20.80M | -4.32M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 10.38M | 2.93M | 16.19M | 23.60M | 27.98M | 35.96M | Total Assets |
| 594.59M | 634.31M | 667.14M | 725.89M | 829.07M | 807.48M | Total Debt |
| 242.67M | 250.42M | 285.06M | 343.73M | 351.08M | 397.77M | Net Debt |
| 232.29M | 247.49M | 268.87M | 320.13M | 323.10M | 361.81M | Total Liabilities |
| 368.92M | 404.39M | 436.26M | 485.80M | 573.43M | 577.35M | Stockholders Equity |
| 225.68M | 229.92M | 230.88M | 240.09M | 255.65M | 230.14M |
| Cash Flow | Free Cash Flow | ||||
| 21.57M | 16.34M | 53.63M | 21.34M | 33.00M | 42.73M | Operating Cash Flow |
| 24.77M | 18.57M | 56.43M | 24.32M | 36.99M | 44.81M | Investing Cash Flow |
| -3.20M | -2.23M | -2.80M | -20.93M | -1.10M | -2.08M | Financing Cash Flow |
| -15.86M | -29.49M | -61.06M | -7.62M | -44.03M | -18.24M |
Lifetime Brands Technical Analysis
Negative
3.16
Price Trends
4.14
Negative
4.81
Negative
5.56
Negative
Market Momentum
-0.24
Negative
38.07
Neutral
29.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LCUT, the sentiment is Negative. The current price of 3.16 is below the 20-day moving average (MA) of 3.38, below the 50-day MA of 4.14, and below the 200-day MA of 5.56, indicating a bearish trend. The MACD of -0.24 indicates Negative momentum. The RSI at 38.07 is Neutral, neither overbought nor oversold. The STOCH value of 29.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LCUT.
Lifetime Brands Risk Analysis
Lifetime Brands disclosed 39 risk factors in its most recent earnings report. Lifetime Brands reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Lifetime Brands Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $34.14M | 13.94 | 4.76% | 9.74% | -0.07% | -49.06% | |
62 Neutral | $6.97B | 11.36 | 2.77% | 3.91% | 2.66% | -22.00% | |
61 Neutral | $105.30M | 6.08 | 33.52% | ― | 9.44% | 102.67% | |
57 Neutral | $72.40M | ― | -5.83% | 5.26% | -0.39% | -122.38% | |
56 Neutral | $148.41M | ― | -3.83% | 4.57% | -11.78% | -13.89% | |
52 Neutral | $102.21M | ― | -5.89% | 9.63% | -8.26% | -233.72% | |
45 Neutral | $205.98M | ― | 9.10% | ― | -12.36% | 37.69% |
* Consumer Cyclical Sector Average
Performance Comparison
LCUT
Lifetime Brands
3.16
-7.58
-70.58%
BSET
Bassett Furniture
17.07
3.80
28.64%
CRWS
Crown Crafts
3.18
-1.74
-35.37%
HOFT
Hooker Furniture
9.18
-7.36
-44.50%
KEQU
Kewaunee Scientific
35.96
-5.02
-12.25%
SNBR
Sleep Number
9.50
-4.16
-30.45%
Lifetime Brands Earnings Call Summary
Earnings Call Date:May 08, 2025
(Q1-2025)
| % Change Since: -3.95%|
Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted the company's ability to navigate a challenging environment with strong performance in e-commerce and international operations, along with significant progress in diversifying manufacturing out of China. However, this was balanced by sales declines in the mass channel, decreased gross margins, and ongoing uncertainty due to trade concerns.Q1-2025 Updates
Positive Updates
Strong E-commerce and Dollar Channel Performance
Despite declines in the mass channel, Lifetime Brands achieved strong gains in e-commerce, the dollar channel, and clubs driven by new product introductions and good point of sale sell-through.
Progress in Geographical Diversification
Lifetime Brands is on track to complete the relocation of 80% of its manufacturing out of China by the end of 2025, ramping up sourcing from Southeast Asia and North America.
Reduced Net Loss
Net loss for the first quarter of 2025 was reduced to $4.2 million compared to a loss of $6.3 million in the first quarter of 2024.
SG&A Expense Reduction
Selling, general, and administrative expenses decreased by 20.3% to $31.5 million, driven by lower employee costs and legal expenses.
Improvement in International Operations
The turnaround of international operations remains on track, with operational results improving due to implemented actions, despite flat revenue year-over-year.
Negative Updates
Sales Decline in Mass Channel
Sales were impacted by challenges in the mass channel, with consolidated sales declining by 1.5% to $140.1 million due to a decrease in kitchenware sales.
Gross Margin Decrease
Gross margin decreased from 40.5% to 36.1%, largely due to shifts in customer and product mix.
Uncertainty in Operating Environment
Uncertainty continues with ongoing trade concerns and volatility in tariff policy, affecting pricing, promotions, and product planning.
Adjusted Loss from Operations
Adjusted loss from operations for the first quarter of 2025 was $900,000 compared to adjusted income from operations of $5.7 million in the 2024 period.
Company Guidance
During the Lifetime Brands First Quarter 2025 Earnings Conference Call, the management provided guidance on navigating the current economic environment, although they chose not to issue formal guidance for the full year due to the volatility and uncertainty in the market. Key metrics included a slight decline in quarterly sales by 1.5% to $140.1 million and a decrease in net loss to $4.2 million from $6.3 million in the previous year. The gross margin decreased to 36.1% from 40.5% due to shifts in customer and product mix. Despite challenges in the mass retail channel, Lifetime Brands saw strong gains in e-commerce, the dollar channel, and club sectors. The company is focusing on mitigating tariff impacts by relocating 80% of its manufacturing out of China by the end of 2025 and has already started implementing price increases ranging from 6-16% effective May 15, 2025. They also reported an adjusted EBITDA of $51 million for the trailing twelve-month period ending March 31, 2025. The company's liquidity was approximately $90 million at the end of the quarter.Lifetime Brands Corporate Events
Business Operations and Strategy
Lifetime Brands Announces New Distribution Center Move
Positive
Jan 29, 2025
On January 23, 2025, Lifetime Brands, Inc. entered into a lease agreement for a new 1.027 million-square-foot distribution center in Hagerstown, Maryland, to serve as its primary east coast distribution hub, replacing the Robbinsville, New Jersey facility. This strategic relocation aims to support Lifetime’s long-term growth by optimizing infrastructure and operational efficiencies, aided by tax abatements and incentives totaling approximately $13 million from Maryland and Washington County, and integrating a new warehouse management system. The move, expected to be completed by the second quarter of 2026, includes incurring one-time costs up to $7 million and capital expenditures of around $10 million, with anticipated operational readiness by 2026.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.