Announcement • May 09
Lifetime Brands, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2026 Lifetime Brands, Inc. provided earnings guidance for the full year ending December 31, 2026. For the period, the company expects net sales in the range of $650 million to $700 million, income from operations in the range of $12 million to $14.5 million, net loss in the range of $6.5 million to $5 million, and diluted loss per common share in the range of $0.30 to $0.23 per share. New Risk • May 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 119% Major Estimate Revision • May 05
Consensus EPS estimates fall from profit to US$0.035 loss The consensus outlook for fiscal year 2026 has been updated. Expected to report loss instead of -US$0.035 instead of US$0.28 per share profit previously forecast. Revenue forecast unchanged at US$658.1m Consumer Durables industry in the US expected to see average net income decline 4.0% next year. Consensus price target of US$6.00 unchanged from last update. Share price fell 11% to US$6.45 over the past week. Announcement • Apr 27
Lifetime Brands, Inc., Annual General Meeting, Jun 18, 2026 Lifetime Brands, Inc., Annual General Meeting, Jun 18, 2026. Upcoming Dividend • Apr 24
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 May 2026. Payment date: 15 May 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.2%). Higher than average of industry peers (1.6%). Announcement • Apr 23
Lifetime Brands, Inc. to Report Q1, 2026 Results on May 07, 2026 Lifetime Brands, Inc. announced that they will report Q1, 2026 results Pre-Market on May 07, 2026 Price Target Changed • Apr 16
Price target increased by 16% to US$6.00 Up from US$5.17, the current price target is an average from 3 analysts. New target price is 18% below last closing price of US$7.30. Stock is up 92% over the past year. The company is forecast to post earnings per share of US$0.28 next year compared to a net loss per share of US$1.24 last year. New Risk • Mar 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 118% Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Declared Dividend • Mar 16
Fourth quarter dividend of US$0.043 announced Dividend of US$0.043 is the same as last year. Ex-date: 1st May 2026 Payment date: 15th May 2026 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Mar 12
Full year 2025 earnings released Full year 2025 results: Net income: (up US$15.2m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Mar 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 55% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 55% per year for the foreseeable future. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$68.4m market cap). Announcement • Mar 12
Lifetime Brands, Inc. Declares Quarterly Dividend, Payable on May 15, 2026 On March 9, 2026, the Board of Directors of Lifetime Brands, Inc. declared a quarterly dividend of $0.0425 per share payable on May 15, 2026 to shareholders of record on May 1, 2026. Announcement • Feb 26
Lifetime Brands, Inc. to Report Q4, 2025 Results on Mar 12, 2026 Lifetime Brands, Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 12, 2026 Upcoming Dividend • Jan 23
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 30 January 2026. Payment date: 13 February 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.4%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.5%). Declared Dividend • Nov 16
Dividend of US$0.043 announced Shareholders will receive a dividend of US$0.043. Ex-date: 30th January 2026 Payment date: 13th February 2026 Dividend yield will be 5.3%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (19% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Nov 07
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: US$0.05 loss per share (down from US$0.016 profit in 3Q 2024). Revenue: US$171.9m (down 6.5% from 3Q 2024). Net loss: US$1.19m (down 446% from profit in 3Q 2024). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Nov 06
Lifetime Brands, Inc. Declares Quarterly Dividend, Payable on February 13, 2026 On November 4, 2025, the Board of Directors of Lifetime Brands, Inc. declared a quarterly dividend of $0.0425 per share of common stock payable on February 13, 2026 to stockholders of record on January 30, 2026. Announcement • Oct 30
Lifetime Brands, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Lifetime Brands, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 06, 2025 Declared Dividend • Aug 17
Dividend of US$0.043 announced Shareholders will receive a dividend of US$0.043. Ex-date: 31st October 2025 Payment date: 14th November 2025 Dividend yield will be 4.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (19% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Price Target Changed • Aug 10
Price target decreased by 7.7% to US$6.00 Down from US$6.50, the current price target is an average from 2 analysts. New target price is 51% above last closing price of US$3.98. Stock is down 43% over the past year. The company is forecast to post a net loss per share of US$1.56 next year compared to a net loss per share of US$0.71 last year. New Risk • Aug 08
New major risk - Revenue and earnings growth Earnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$88.1m market cap). Reported Earnings • Aug 08
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: US$1.83 loss per share (further deteriorated from US$0.85 loss in 2Q 2024). Revenue: US$131.9m (down 6.9% from 2Q 2024). Net loss: US$39.7m (loss widened 119% from 2Q 2024). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Aug 07
Lifetime Brands, Inc. Declares Quarterly Dividend, Payable on November 14, 2025 Lifetime Brands, Inc.'s Board of Directors on August 5, 2025 declared a quarterly dividend of $0.0425 per share payable on November 14, 2025 to stockholders of record on October 31, 2025. Announcement • Jul 31
Lifetime Brands, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Lifetime Brands, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 07, 2025 Upcoming Dividend • Jul 25
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 August 2025. Payment date: 15 August 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.5%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (1.6%). New Risk • Jun 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (US$84.5m market cap). Declared Dividend • Jun 26
First quarter dividend of US$0.043 announced Dividend of US$0.043 is the same as last year. Ex-date: 1st August 2025 Payment date: 15th August 2025 Dividend yield will be 4.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • Jun 20
Lifetime Brands, Inc. Declares Quarterly Cash Dividend, Payable on 15 August 2025 The Board of Directors of Lifetime Brands, Inc. declared a quarterly cash dividend of $0.0425 per share payable on August 15, 2025 to stockholders of record at the close of business on August 1, 2025. Reported Earnings • May 09
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: US$0.19 loss per share (improved from US$0.29 loss in 1Q 2024). Revenue: US$140.1m (down 1.5% from 1Q 2024). Net loss: US$4.20m (loss narrowed 33% from 1Q 2024). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Price Target Changed • May 05
Price target decreased by 17% to US$7.50 Down from US$9.00, the current price target is an average from 2 analysts. New target price is 117% above last closing price of US$3.46. Stock is down 65% over the past year. The company is forecast to post earnings per share of US$0.15 next year compared to a net loss per share of US$0.71 last year. Announcement • May 01
Lifetime Brands, Inc. to Report Q1, 2025 Results on May 08, 2025 Lifetime Brands, Inc. announced that they will report Q1, 2025 results Pre-Market on May 08, 2025 Upcoming Dividend • Apr 24
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 May 2025. Payment date: 15 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.6%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (1.7%). Price Target Changed • Apr 08
Price target increased by 9.1% to US$9.00 Up from US$8.25, the current price target is an average from 2 analysts. New target price is 118% above last closing price of US$4.13. Stock is down 60% over the past year. The company is forecast to post earnings per share of US$0.41 next year compared to a net loss per share of US$0.71 last year. New Risk • Apr 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$98.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (US$98.0m market cap). Declared Dividend • Mar 17
Fourth quarter dividend of US$0.043 announced Dividend of US$0.043 is the same as last year. Ex-date: 1st May 2025 Payment date: 15th May 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Mar 13
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: US$0.71 loss per share (further deteriorated from US$0.40 loss in FY 2023). Revenue: US$683.0m (flat on FY 2023). Net loss: US$15.2m (loss widened 80% from FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Mar 13
Lifetime Brands, Inc. Declares a Quarterly Dividend, Payable on May 15, 2025 On March 11, 2025, the Board of Directors of Lifetime Brands, Inc. declared a quarterly dividend of $0.0425 per share payable on May 15, 2025 to shareholders of record on May 1, 2025. Announcement • Feb 25
Lifetime Brands, Inc. to Report Q4, 2024 Results on Mar 13, 2025 Lifetime Brands, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 13, 2025 Upcoming Dividend • Jan 24
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 31 January 2025. Payment date: 14 February 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.8%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.4%). Announcement • Jan 23
Lifetime Brands, Inc. Announces Appointment of Jeffrey Evans to Board of Directors Lifetime Brands, Inc. announced the appointment of Jeffrey Evans as an independent director to its Board of Directors (the “Board”), effective immediately. Mr. Evans’ experience spans three decades of retail and consumer leadership experience. Most recently, Mr. Evans held the position of President and Chief Merchandising Officer of At Home, a private specialty Home Décor and Seasonal Retailer. Previously, he spent 16 years at Walmart in senior merchandising roles for both Sam’s Club and Walmart. From 2020–2022, he was EVP for Entertainment, Toy’s and Seasonal for both stores and the ecommerce segment. From 2017–2020, Mr. Evans was the SVP for Walmart Home and led an apparel division at Walmart US from 2012–2017. He began his career in 1990 with Filene’s department stores, a division of May department stores. Additionally, in 2022, Mr. Evans founded Biddeford Advisors LLC. He currently serves on the advisory board of Wholescale, a private customer engagement technology company. Price Target Changed • Dec 11
Price target decreased by 7.4% to US$10.50 Down from US$11.33, the current price target is an average from 3 analysts. New target price is 67% above last closing price of US$6.30. Stock is up 2.1% over the past year. The company is forecast to post a net loss per share of US$0.66 next year compared to a net loss per share of US$0.40 last year. Declared Dividend • Nov 17
Dividend of US$0.043 announced Shareholders will receive a dividend of US$0.043. Ex-date: 31st January 2025 Payment date: 14th February 2025 Dividend yield will be 3.0%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (11% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Price Target Changed • Nov 11
Price target decreased by 8.1% to US$11.33 Down from US$12.33, the current price target is an average from 3 analysts. New target price is 92% above last closing price of US$5.91. Stock is down 6.5% over the past year. The company is forecast to post a net loss per share of US$0.64 next year compared to a net loss per share of US$0.40 last year. Announcement • Nov 10
Lifetime Brands, Inc. Revises Earnings Guidance for the Full Year Ending December 31, 2024 Lifetime Brands, Inc. revised earnings guidance for the full year ending December 31, 2024. For the year, the company expects net sales in the range of $680 million to $700 million compared to previous guidance of $690 million to $730 million, income from operations in the range of $27.0 million to $30.0 million compared to previous guidance of $33.0 million to $38.0 million, net loss in the range of $16.0 million to $14.0 million compared to previous guidance of $10.0 million to $8.0 million and diluted loss per common share in the range of $0.75 per share to $0.65 per share compared to previous guidance of $0.47 to $0.37. Reported Earnings • Nov 08
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$0.02 (down from US$0.20 in 3Q 2023). Revenue: US$183.8m (down 4.1% from 3Q 2023). Net income: US$344.0k (down 92% from 3Q 2023). Profit margin: 0.2% (down from 2.2% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 94%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Oct 31
Lifetime Brands, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Lifetime Brands, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Upcoming Dividend • Oct 25
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 November 2024. Payment date: 15 November 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.2%). Declared Dividend • Aug 11
Dividend of US$0.043 announced Shareholders will receive a dividend of US$0.043. Ex-date: 1st November 2024 Payment date: 15th November 2024 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Aug 09
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: US$0.85 loss per share (further deteriorated from US$0.31 loss in 2Q 2023). Revenue: US$141.7m (down 3.3% from 2Q 2023). Net loss: US$18.2m (loss widened 179% from 2Q 2023). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Price Target Changed • Aug 09
Price target decreased by 9.9% to US$12.17 Down from US$13.50, the current price target is an average from 3 analysts. New target price is 75% above last closing price of US$6.95. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of US$0.24 next year compared to a net loss per share of US$0.40 last year. Announcement • Aug 01
Lifetime Brands, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Lifetime Brands, Inc. announced that they will report Q2, 2024 results at 7:00 AM, Eastern Daylight on Aug 08, 2024 Upcoming Dividend • Jul 25
Upcoming dividend of US$0.043 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 15 August 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (1.3%). Declared Dividend • Jun 24
First quarter dividend of US$0.043 announced Dividend of US$0.043 is the same as last year. Ex-date: 1st August 2024 Payment date: 15th August 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (7% cash payout ratio). The dividend has increased by an average of 1.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • May 10
Lifetime Brands, Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2024 Lifetime Brands, Inc. provides earnings guidance for the full year ending December 31, 2024. For the Net sales to be $690 million to $730 million. Income from operations to be $33.0 million to $38.0 million. Net income to be $4.0 million to $6.0 million. Diluted income per common share to be $15.0 per share to $17.0 per share. Reported Earnings • May 09
First quarter 2024 earnings released: US$0.29 loss per share (vs US$0.41 loss in 1Q 2023) First quarter 2024 results: US$0.29 loss per share (improved from US$0.41 loss in 1Q 2023). Revenue: US$142.2m (down 2.2% from 1Q 2023). Net loss: US$6.26m (loss narrowed 29% from 1Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • May 03
Lifetime Brands, Inc. to Report Q1, 2024 Results on May 09, 2024 Lifetime Brands, Inc. announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on May 09, 2024 Announcement • Apr 28
Lifetime Brands, Inc., Annual General Meeting, Jun 20, 2024 Lifetime Brands, Inc., Annual General Meeting, Jun 20, 2024, at 10:30 US Eastern Standard Time. Agenda: To elect a board of directors of the nine nominees named in the accompanying Proxy Statement, each to serve until the 2025 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified; to ratify the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024; to approve, on a non-binding advisory basis, the 2023 compensation of the Company’s named executive officers; to approve, on a non-binding advisory basis, the frequency with which stockholders are provided an advisory vote on executive compensation; and to consider other matters. New Risk • Apr 27
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite being loss-making. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). 
