Lifetime Brands Q2 FY26 swings to GAAP net income of $19.61 million; net sales rise 7.4% to $141.57 million

Reuters2026/08/06 11:16

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Lifetime Brands posted Q2 net income of USD 19.61 million, returning to profit; diluted EPS was USD 0.87.
Net sales rose 7.4% to USD 141.57 million; gross margin widened 27.3 percentage points to 65.9% on a USD 40.1 million tariff refund benefit.
Operating income was USD 31.63 million, swinging from a loss; management said it repaid USD 40 million of term debt since Q1.
Full-year net sales guidance stayed at USD 650 million to USD 700 million; operating income outlook lifted to USD 48 million to USD 50.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lifetime Brands Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lifetime Brands Q2 FY26 swings to GAAP net income of $19.61 million; net sales rise 7.4% to $141.57 million

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