Lifetime Brands net income nearly $6 million
Lifetime Brands Inc. on Thursday reported third-quarter earnings of $5.9 million.
The Garden City-based company said it had net income of 29 cents per share. Earnings, adjusted for one-time gains and costs, were 40 cents per share.
The kitchen products company posted revenue of $209.4 million in the period.
Lifetime Brands expects full-year revenue in the range of $728 million to $735 million.
Lifetime Brands shares have declined 40 percent since the beginning of the year. The stock has decreased 41 percent in the last 12 months.
'They are in every town' Police have raided nearly 240 spas in the last five years — 85 places more than once — and arrests are up more than 1200%. Newsday investigative reporter Sandra Peddie has the details.
'They are in every town' Police have raided nearly 240 spas in the last five years — 85 places more than once — and arrests are up more than 1200%. Newsday investigative reporter Sandra Peddie has the details.
