Lifetime Brands reports Q2 adjusted EPS (3c), consensus (3c)

Reports Q2 revenue $141.666M, consensus $144M. Rob Kay, Lifetime’s Chief Executive Officer, commented, “Our results for the second quarter were in line with our expectations even though macroeconomic pressures led to weakened demand across end markets. Despite these challenges, we were able to grow share across the majority of our categories, deliver growth in our e-commerce channel in our core U.S. market and expand our gross margins, a testament to the success of our operating strategy and we remain well positioned for resilient long-term growth.”