Lifetime Brands, Inc. Provides Earnings Guidance for the Full Fiscal Year Ending December 31, 2021
November 04, 2021 at 08:09 am EDT
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Lifetime Brands, Inc. provided earnings guidance for the full fiscal year ending December 31, 2021. For the period, the company expected net sales to be in the range of $870 million to $890 million, income from operations to be in the range of $59 million to $62.5 million, net income to be in the range of $30.9 million to $33.6 million and diluted income per share to be in the range of $1.40 to $1.53.
Lifetime Brands, Inc. designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through two segments: United States and International. The Company designs, markets and distributes its products to retailers, distributors and directly to consumers through retail Websites. The Company's product categories include two categories of products used to prepare, serve, and consume foods, including Kitchenware (kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantry ware, spice racks and bakeware) and Tableware (dinnerware, stemware, flatware, and giftware). Its Home Solutions category includes products used in the home (thermal beverageware, bath scales, weather and outdoor household products, food storage, neoprene travel products and home decor). Its brands include Farberware, Mikasa, KitchenAid, Taylor, BUILT NY, KitchenCraft, Kamenstein, Pfaltzgraff, Rabbit, and MasterClass.
LIFETIME BRANDS, INC. 
