Lifetime Brands reports Q2 adjusted EPS (50c) vs (3c) last year

Reports Q2 revenue $131.9M vs $141.666M last year. Rob Kay, Lifetime’s Chief Executive Officer, commented, “Despite ongoing macroeconomic pressures and the evolving impact of tariff-related headwinds, we remain encouraged by several positive developments this quarter. Gross margin held steady at 38.6%, underscoring strong execution in both pricing strategy and supply chain management. We also continued to reduce SG&A expenses, further improving our cost efficiency. Backed by a strong liquidity position, we believe the Company is well-equipped to manage near-term volatility, much of which we view as non-recurring, while continuing to build a foundation for sustainable long-term growth. I am incredibly proud of our team and the headway we have made in a challenging and dynamic market environment.”