Lifetime Brands, Inc. (LCUT)

[iHub News]

Lifetime Brands shares surge nearly 27% after strong fourth-quarter earnings beat

March 12, 2026 10:38 AM
IH Market News

Lifetime Brands, Inc. (NASDAQ:LCUT) reported fourth-quarter adjusted earnings per share of $1.05 on Thursday, far surpassing the analyst consensus estimate of $0.32, although revenue came in below expectations.

The company’s shares jumped 26.82% in premarket trading following the results, as investors reacted positively to the strong profit performance.

Revenue for the quarter ended December 31, 2025 totaled $204.1 million, missing the $209.6 million analyst estimate and declining 5.2% from $215.2 million in the same period a year earlier.

Despite the revenue decline, the company improved profitability. Gross margin expanded to 38.6% from 37.7% a year earlier, while selling, general and administrative expenses fell 12.0% to $38.0 million. Operating income rose to $20.0 million from $15.5 million in the fourth quarter of 2024.

For the full year 2025, revenue reached $647.9 million, down 5.1% from $683.0 million in 2024.

The company reported a net loss of $26.9 million, or -$1.24 per share, compared with a net loss of $15.2 million, or -$0.71 per share, in the prior year.

However, adjusted net income improved to $17.6 million, or $0.81 per share, compared with $12.6 million, or $0.58 per share, in 2024. Adjusted EBITDA for the year totaled $50.8 million.

CEO Rob Kay stated, “Our fourth quarter results reflect the culmination of several strategic decisions made earlier in the year, decisions that were not without short-term cost, but right for the business. We moved first on pricing to offset tariff headwinds, partnered closely with our customers to navigate a period of real disruption, and we took decisive action to reduce our cost structure.”

The company also declared a quarterly dividend of $0.0425 per share, payable on May 15, 2026. Lifetime Brands said it will provide detailed guidance for fiscal 2026 alongside its first-quarter results expected in mid-May.

Lifetime Brands stock price

Original: Lifetime Brands shares surge nearly 27% after strong fourth-quarter earnings beat