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.
Sarra Sounds Off, Season 3, Ep 5: Top football teams in action and Nassau soccer playoff picks Gregg Sarra sounds off on Wantagh vs. Bethpage and Ward Melville vs Sachem North, plus Michaeil Sicoli has his Nassau soccer picks, an update on the high school fantasy football standings and the plays of the week.
Sarra Sounds Off, Season 3, Ep 5: Top football teams in action and Nassau soccer playoff picks Gregg Sarra sounds off on Wantagh vs. Bethpage and Ward Melville vs Sachem North, plus Michaeil Sicoli has his Nassau soccer picks, an update on the high school fantasy football standings and the plays of the week.
