Shares of Lifetime Brands (LCUT) have gained 11.2% over the past four weeks to close the last trading session at $10.69, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $13.50 indicates a potential upside of 26.3%. The mean estimate comprises three short-term price targets with a standard deviation of $1.50. While the lowest estimate of $12 indicates a 12.3% increase from the cu ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Core Viewpoint - Investors are evaluating Lifetime Brands (LCUT) and VIZIO Holding Corp. (VZIO) for potential undervalued stock opportunities, with LCUT currently appearing as the more favorable option based on various financial metrics and analyst outlooks [1][3][7]. Group 1: Zacks Rank and Analyst Outlook - Lifetime Brands has a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while VIZIO has a Zacks Rank of 5 (Strong Sell), suggesting a less favorable analyst outlook [3]. - The Zacks Rank is a strategy that targets companies with positive earnings estimate revisions, which is a key factor for investors [2]. Group 2: Valuation Metrics - LCUT has a forward P/E ratio of 14.48, significantly lower than VIZIO's forward P/E of 59.49, indicating that LCUT may be undervalued relative to its earnings potential [5]. - The PEG ratio for LCUT is 1.03, while VIZIO's PEG ratio is 2.38, suggesting that LCUT's expected earnings growth is more favorable compared to its price [5]. - LCUT's P/B ratio is 1.04, compared to VIZIO's P/B of 4.57, further indicating that LCUT is more attractively valued based on its book value [6]. Group 3: Overall Value Assessment - Based on the analysis of various valuation metrics, LCUT holds a Value grade of A, while VIZIO has a Value grade of F, reinforcing the conclusion that LCUT is the superior investment option for value investors at this time [6][7].

Core Viewpoint - The article emphasizes the importance of value investing and highlights Lifetime Brands (LCUT) as a strong value stock based on its Zacks Rank and valuation metrics [1][3][6] Value Investing - Value investing is a popular strategy for identifying undervalued stocks that have potential for profit [2] - Zacks has developed a Style Scores system to categorize stocks, with a focus on the "Value" category for value investors [3] Company Overview: Lifetime Brands (LCUT) - LCUT currently holds a Zacks Rank of 2 (Buy) and an A for Value, indicating it is among the strongest value stocks available [3] - The company has a Price-to-Sales (P/S) ratio of 0.34, significantly lower than the industry average of 0.86, suggesting it may be undervalued [4] - LCUT's Price-to-Cash Flow (P/CF) ratio is 14.31, which is attractive compared to the industry's average of 37.40, indicating a solid cash outlook [5] - Over the past 52 weeks, LCUT's P/CF has fluctuated between a high of 52.72 and a low of 7.54, with a median of 15.41, further supporting its valuation [5] - The combination of these metrics suggests that LCUT is likely undervalued and has a strong earnings outlook, making it an impressive value stock at present [6]

Financial Performance - Consolidated net sales for Q1 2024 were $142.2 million, a decrease of $3.2 million, or 2.2%, compared to $145.4 million in Q1 2023[154]. - U.S. segment net sales for Q1 2024 were $130.5 million, down $3.0 million, or 2.2%, from $133.5 million in Q1 2023[155]. - International segment net sales for Q1 2024 were $11.7 million, a decrease of $0.2 million, or 1.7%, compared to $11.9 million in Q1 2023[159]. - U.S. segment's Kitchenware product category net sales were $83.5 million in Q1 2024, a decrease of $2.2 million, or 2.6%, from $85.7 million in Q1 2023[156]. - U.S. segment's Tableware product category net sales increased to $25.8 million in Q1 2024, up $1.8 million, or 7.5%, from $24.0 million in Q1 2023[157]. Profitability and Margins - Gross margin for Q1 2024 was $57.5 million, or 40.5%, an increase from $53.8 million, or 37.0%, in Q1 2023[160]. - Gross margin for the International segment was $4.2 million, or 35.9%, in Q1 2024, down from $5.0 million, or 42.0%, in Q1 2023[161]. - The company recorded a net loss of 4.4% in Q1 2024, improved from a net loss of 6.1% in Q1 2023[152]. Expenses - Distribution expenses for Q1 2024 were $16.2 million, a decrease from $16.9 million in Q1 2023, with distribution expenses as a percentage of net sales at 11.4%[162]. - Selling, general and administrative expenses for Q1 2024 were $39.5 million, an increase of $1.6 million or 4.2% compared to Q1 2023[165]. - U.S. segment selling, general and administrative expenses were $30.8 million for Q1 2024, representing 23.6% of net sales, up from 21.9% in Q1 2023[166]. - International segment selling, general and administrative expenses were $4.2 million for Q1 2024, accounting for 35.9% of net sales, compared to 30.0% in Q1 2023[167]. Cash Flow and Liquidity - As of March 31, 2024, the company had cash and cash equivalents of $4.6 million, down from $16.2 million at December 31, 2023[176]. - Total liquidity as of March 31, 2024 was $125.1 million, consisting of cash, availability under the ABL Agreement, and funding under the Receivables Purchase Agreement[176]. - Net cash provided by operating activities was $10.5 million for the three months ended March 31, 2024, compared to $12.1 million for the same period in 2023[206]. - Net cash used in financing activities was $21.4 million for the three months ended March 31, 2024, compared to net cash provided of $5.7 million for the same period in 2023[208]. Debt and Interest - Interest expense increased to $5.6 million in Q1 2024 from $5.3 million in Q1 2023 due to higher interest rates on outstanding borrowings[170]. - The interest rate on outstanding borrowings under the Term Loan at March 31, 2024, was 10.94%[191]. - The company has a maximum borrowing capacity of $200.0 million under the ABL Agreement, which may increase to $250.0 million if certain conditions are met[185]. Future Outlook - The Company expects elevated inflation and high interest rates to negatively impact consumer spending and buying patterns in 2024[145]. Other Financial Metrics - The Company’s adjusted EBITDA for the trailing twelve months ended March 31, 2024, was $59.5 million[194]. - Capital expenditures for the three months ended March 31, 2024, were $0.6 million[195]. - As of March 31, 2024, $23.8 million of accounts receivables were available for sale to HSBC, net of applicable charges[200]. - The Company did not sell receivables to HSBC during the three months ended March 31, 2024, and March 31, 2023[200]. - The aggregate gross notional value of foreign exchange contracts at March 31, 2024, was $7.0 million[204]. - The Company has an uncommitted Receivables Purchase Agreement with HSBC, allowing for the sale of eligible accounts receivable up to $30.0 million[199]. - The remaining dollar amount available for stock repurchases under the Board authorized plan was $11.1 million as of March 31, 2024[209]. Equity and Losses - Equity in losses from Vasconia was $2.1 million for Q1 2024, up from $0.7 million in Q1 2023, with Vasconia reporting a loss from operations of $6.9 million[173][174].

Exhibit 99.1 Lifetime Brands, Inc. Reports First Quarter 2024 Financial Results Income and EBITDA Growth Highlight Performance GARDEN CITY, NY, May 9, 2024 – Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2024. Rob Kay, Lifetime's Chief Executive Officer, commented, "We are pleased with our performance in the first quarter as we deliv ...

GARDEN CITY, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NASDAQ:LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, May 9, 2024. The Company has scheduled a conference call for 11:00 a.m., at which time Chief Executive Officer Rob Kay and Chief Financial Officer Larry Winoker will discuss the Company's financial results and will be a ...

GARDEN CITY, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, May 9, 2024. The Company has scheduled a conference call for 11:00 a.m., at which time Chief Executive Officer Rob Kay and Chief Financial Officer Larry Winoker will discuss the Company's financial results and will b ...

Lifetime Brands, Inc. (NASDAQ:LCUT) Q4 2023 Earnings Conference Call March 12, 2024 11:00 AM ET Company Participants T.J. O'Sullivan - IR Robert Kay - CEO Laurence Winoker - CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Brian McNamara - Canaccord Genuity Operator Good morning, ladies and gentlemen, and welcome to the Lifetime Brands' Fourth Quarter and Full Year 2023 Earnings Conference Call. At this time, I would like to inform all participants that their lines will be in a liste ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 1000 Stewart Avenue, Garden City, New York 11530 (Address of principal executive offices, including Zip Code) (516) 683-6000 (Registrant's telephone number, including area code) For the fiscal year ended: December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15 (d ...