LCUTNasdaqCutlery, Handtools & General HardwareUS GAAP · USD

Lifetime Brands, Inc

Lifetime Brands, Inc. designs, sources and sells branded kitchenware, tableware and home solution products for use in the home. Its portfolio spans kitchen tools and cutlery, dinnerware and flatware, and a range of household items sold mainly through retailers, distributors and, to a lesser extent, direct-to-consumer channels.

Revenue648m USD
−5.1 %y/y
Operating profit (EBIT)-9.4m USD
−134.8 %y/y
EBIT margin-1.5%
−5.4 ppy/y
Net income-26.9m USD
−77.6 %y/y
Free cash flow3.3m USD
−80.1 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-20002004006008001,000m USD2020: 769 m USD2020: EBIT 25 m USD20202021: 863 m USD2021: EBIT 51 m USD20212022: 728 m USD2022: EBIT 24 m USD20222023: 687 m USD2023: EBIT 32 m USD20232024: 683 m USD2024: EBIT 27 m USD20242025: 648 m USD2025: EBIT -9.4 m USD2025648-9.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Kitchenware45 %

Products used to prepare food, including kitchen tools, cutlery, cookware, bakeware and related accessories.

Tableware25 %

Products used to serve and consume food, including dinnerware, flatware, stemware and giftware.

Home Solutions20 %

Household products outside the kitchen and table, including beverageware, storage, décor and bath scales.

Licensed Brands and Private Label10 %

Sales made under licensed trademarks and retailer private-label programs across the product portfolio.

Customers

The company sells primarily to wholesale retail customers that cover mass merchants, specialty stores, department stores, warehouse clubs, grocery chains, off-price and dollar retailers. It also serves food service distributors, food and beverage outlets, corporate sales customers and e-commerce retailers and marketplaces, with a smaller direct-to-consumer business through its own websites.

Mass market retailers

Large chains and warehouse clubs buy broad branded assortments for high-volume household demand and shelf presence.

Specialty and department stores

These customers buy branded kitchenware and tableware that support merchandising, gifting and category differentiation.

Value and off-price retailers

Dollar, off-price and grocery channels buy moderately priced products where value, packaging and replenishment matter.

E-commerce retailers and marketplaces

Online channels buy products that can be shipped efficiently and marketed with strong packaging and brand recognition.

Food service and corporate buyers

These buyers purchase selected items in volume for institutional use, promotions or gifting.

Direct-to-consumer shoppers

Consumers buy a limited selection directly from company websites, mainly for brand-led or specialty items.

Strategy

The company’s strategy centers on using owned and licensed brands, new product development and selective brand expansion to defend shelf space and grow category breadth. It also emphasizes in-house design, packaging and merchandising concepts, plus opportunistic acquisitions of complementary brands, including outside the United States.

New product developmentShort term

Innovation is central to maintaining retailer relevance and consumer demand in a highly competitive category.

Brand portfolio managementMedium term

Owned and licensed brands help the company win shelf space and differentiate against private label and competitors.

Category and geographic expansionMedium term

Expanding into adjacent categories and complementary foreign brands broadens revenue opportunities and reduces dependence on any one line.

Geography

Q1/2026

Lifetime Brands is headquartered in the United States and reports two operating segments: U.S. and International. Most sourcing is outside the U.S., primarily in China, while manufacturing is concentrated in Puerto Rico and Mexico for selected products, creating a business model that is globally sourced but U.S.-anchored in sales and distribution.

United States88 %
Other countries (US filing)6.9 %
United Kingdom5.4 %

Share of the revenue the company reports by geography.

Risks

Lifetime Brands is exposed to retailer concentration, pricing pressure and changing customer purchasing patterns because it sells through large wholesale channels that can demand lower prices, special packaging and tighter delivery terms. It also faces supply-chain, tariff and foreign-exchange risk because most sourcing is outside the United States, while product innovation and brand relevance remain essential in a highly competitive consumer goods market.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Supply-chain and sourcing disruption1Tariffs and trade policy changes2Retail customer concentration and bargaining power3Product innovation and consumer preference risk4E-commerce and digital execution risk5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Supply-chain and sourcing disruptionImpact: HighLikelihood: High

    The company sources almost all products from overseas suppliers, mainly in China, leaving it exposed to logistics and geopolitical shocks.

    Exposure: China sourcing and global freight

  2. Tariffs and trade policy changesImpact: HighLikelihood: High

    Import duties and changing tariff policies can raise landed costs and alter retailer buying patterns.

    Exposure: U.S. import supply chain

  3. Retail customer concentration and bargaining powerImpact: HighLikelihood: Medium

    Large customers can pressure pricing, packaging, inventory and delivery terms, reducing margins and volume.

    Exposure: Wholesale retail channels

  4. Product innovation and consumer preference riskImpact: MediumLikelihood: Medium

    Growth depends on introducing new products that match changing tastes and retail trends.

    ExposureKitchenwareTablewareHome solutions
  5. E-commerce and digital execution riskImpact: MediumLikelihood: Low

    Online sales depend on technology reliability, cybersecurity and effective digital marketing.

    Exposure: Direct-to-consumer and online retail channels

Accounting

Judgemental items
Revenue recognition timing

Most sales are recognized on shipment, so shipping terms and acceptance clauses affect period timing.

Impact: Quarterly revenue comparability

Returns, chargebacks and allowances

The company estimates deductions from gross sales based on customer programs and historical experience.

Impact: Net sales and gross margin

Inventory markdown provisions

Retail demand shifts and product obsolescence can require markdown reserves.

Impact: Cost of sales and inventory carrying value

Goodwill impairment

The U.S. reporting unit recorded a full goodwill impairment in 2025 after weaker forecasts and tariff-related demand changes.

Impact: Non-cash earnings volatility and balance sheet reduction

Derivative valuation

Foreign currency and interest rate derivatives require fair-value measurement and counterparty credit assessment.

Impact: Other income/expense and balance sheet derivatives

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Lifetime Brands, Inc (LCUT) Revenue, Earnings & Financials 2025 – Clarifo