Lifetime Brands Inc

lifetimebrands.com

What Do They Do?

Designs, sources and sells branded kitchenware, tableware and home goods to retailers, distributors and consumers.

How Do They Make Money?

Retailers and distributors buy products, with payment timing varying by customer; consumers buying directly pay at the point of sale. Most product sales take place when goods ship.

revenue

Segment	Share	Revenue	How money arrives
U.S. Segment Sold outright	91% FY2022: 92%		Sold outright
International Sold outright	8.8% FY2022: 8.0%		Sold outright

Who Are Their Customers?

Mass-market, specialty and other retailers buy directly, with some sales through distributors; consumers can buy a limited selection on the company’s websites.

Customers above 10% of revenue, FY2025

of revenue from three customers (17%, 12%, 11%)

FY2023: 43% from three customers

Do Revenues Turn Into Profits?

Not on paper. It lost $26.9M in FY2025, but brought in more cash than it spent: $3.3M of free cash flow.

Operating income, FY2025

−1% of revenue

▼ Now a loss vs FY2024 ($27.1M, 4%)

Net income, FY2025

−4% of revenue

▲ +78% (Loss) vs FY2024 (−$15.2M, −2%)

Free cash flow, FY2025

1% of revenue

▼ −80% vs FY2024 ($16.3M, 2%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +7%; vs $131.9M in Q2 FY2025
Net income: ▲ Now profitable; vs −$39.7M in Q2 FY2025

U.S. segment share of revenue vs 90.5% in Q2 FY2025

Aug 6, 2026 Raised earnings guidance The company reaffirmed 2026 net sales guidance and raised earnings guidance to reflect tariff refunds.

Shrinking. Revenue fell 25% in 4 years, from $862.9M in FY2021 to $647.9M in FY2025, about 7% a year.

Revenue over time

U.S. Segment International

$1B$500M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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