Lifetime Brands (LCUT) Declares $0.0425 Quarterly Dividend; 1.4% Yield
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Lifetime Brands, Inc. Reports Fourth Quarter 2015 Financial Results
March 11, 2016 7:00 AM ESTGARDEN CITY, N.Y.--(BUSINESS WIRE)-- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global provider of branded kitchenware, tableware and other products used in the home, today reported its financial results for the fourth quarter and year ended December 31, 2015.
Fourth Quarter Financial Highlights:
Consolidated net sales were $185.9 million in the quarter ended December 31, 2015; a decrease of $4.1 million, or 2%, as compared to consolidated net sales of $190.0 million for the corresponding period in 2014. In constant currency, which excludes the impact of foreign exchange fluctuations, consolidated net sales decreased 1.2%, as compared... More