Group 1 - Lifetime Brands, Inc. held its 2025 Annual Meeting of Stockholders on June 18, 2025, where stockholders elected a new board of directors [1] - The elected directors include Jeffrey Siegel as Chairman, Robert B. Kay as CEO, and other notable members from various industries [1] - Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2025 [1] Group 2 - Stockholders approved the 2024 compensation for the Company's named executive officers on a non-binding advisory basis [2] - The Board of Directors declared a quarterly cash dividend of $0.0425 per share, payable on August 15, 2025, to stockholders of record by August 1, 2025 [2] Group 3 - Lifetime Brands is a leading global designer, developer, and marketer of a wide range of branded consumer products for the home, including kitchenware, tableware, and home solutions [3] - The Company markets products under well-known brands such as Farberware®, KitchenAid®, and Mikasa®, among others [3]

Company Performance - Whirlpool's stock closed at $91.27, reflecting a -1.91% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.84% [1] - Over the past month, Whirlpool's shares have appreciated by 12.56%, outperforming the Consumer Discretionary sector's loss of 0% and the S&P 500's gain of 1.44% [1] Upcoming Earnings - The company's earnings report is scheduled for July 28, 2025, with an anticipated EPS of $1.64, indicating a 31.38% decline compared to the same quarter last year [2] - Projected revenue for the upcoming quarter is $3.84 billion, reflecting a 3.8% decrease from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $8.68 per share and revenue of $15.5 billion, representing changes of -28.91% and -6.7% respectively from the previous year [3] - Recent changes to analyst estimates for Whirlpool may indicate shifting near-term business trends, with positive revisions seen as a favorable sign for the business outlook [3] Valuation Metrics - Whirlpool has a Forward P/E ratio of 10.72, which aligns with the industry average Forward P/E of 10.72 [6] - The Household Appliances industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 193, placing it in the bottom 22% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5] - Currently, Whirlpool holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate having moved 0.81% higher over the past month [5]

Group 1 - Whirlpool Corporation has appointed Judith K. Buckner to its board of directors, effective immediately [1] - Buckner will serve on the corporate governance and nominating committee and the human resources committee [1] - Marc Bitzer, chairman and CEO of Whirlpool Corporation, expressed excitement about Buckner's appointment, highlighting her leadership and experience in the kitchen category as valuable assets for the company [2] Group 2 - Judith Buckner has extensive experience in the consumer products industry, having served in various roles at Reynolds Consumer Products since 2000, including president of Reynolds Cooking & Baking [2] - Buckner holds a degree in chemical engineering from Purdue University [3] Group 3 - Whirlpool Corporation is a leading home appliance company with approximately $17 billion in annual sales in 2024, with nearly 90% of sales generated in the Americas [4] - The company employs around 44,000 people and operates 40 manufacturing and technology research centers [4] - Whirlpool's brand portfolio includes well-known names such as Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator [4]

Company Performance - Whirlpool's stock closed at $81.72, reflecting a +0.43% change from the previous day, outperforming the S&P 500's gain of 0.01% [1] - Over the past month, Whirlpool's stock has increased by 6.17%, which is slightly below the Consumer Discretionary sector's gain of 6.65% and above the S&P 500's gain of 5.2% [1] Upcoming Financial Results - Analysts expect Whirlpool to report earnings of $1.73 per share, indicating a year-over-year decline of 27.62% [2] - The Zacks Consensus Estimate for revenue is projected at $3.84 billion, down 3.8% from the previous year [2] Full Year Projections - For the full year, earnings are projected at $8.61 per share and revenue at $15.5 billion, reflecting declines of -29.48% and -6.7% respectively from the prior year [3] - Recent changes in analyst estimates suggest a shifting business landscape, with positive revisions indicating optimism about Whirlpool's profitability [3] Valuation Metrics - Whirlpool has a Forward P/E ratio of 9.45, which is consistent with the industry average [6] - The Household Appliances industry, part of the Consumer Discretionary sector, currently holds a Zacks Industry Rank of 224, placing it in the bottom 9% of over 250 industries [6] Zacks Rank System - Whirlpool is currently rated as Zacks Rank 4 (Sell), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Zacks Rank system has a strong track record, with stocks rated 1 producing an average annual return of +25% since 1988 [5]

Core Insights - Lifetime Brands, Inc. is participating in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference from June 9-11, 2025 [1] - The CEO Robert Kay and CFO Laurence Winoker will host a fireside chat on June 10, 2025, at 1:30pm ET [2] - Management will be available for one-on-one investor meetings during the conference [3] Company Overview - Lifetime Brands is a leading global designer, developer, and marketer of a wide range of branded consumer products for the home [4] - The company markets products under well-known kitchenware brands such as Farberware, KitchenAid, and Sabatier, as well as tableware and giftware brands like Mikasa and Pfaltzgraff [4] - Lifetime Brands also provides exclusive private label products to major retailers worldwide [4]

Company Performance - Whirlpool's stock closed at $78.62, reflecting a daily increase of 0.61%, outperforming the S&P 500's gain of 0.4% [1] - Over the past month, Whirlpool shares have appreciated by 2.44%, which is lower than the Consumer Discretionary sector's gain of 8.94% and the S&P 500's gain of 6.69% [1] Earnings Projections - The upcoming earnings release is projected to show earnings of $1.73 per share, indicating a year-over-year decline of 27.62% [2] - Revenue for the same quarter is estimated at $3.84 billion, reflecting a 3.8% decrease from the previous year [2] Full Year Estimates - For the full year, earnings are projected at $8.61 per share and revenue at $15.5 billion, representing declines of 29.48% and 6.7% respectively from the prior year [3] - Recent changes in analyst estimates indicate a dynamic business trend, with positive revisions suggesting optimism regarding the company's profitability [3] Zacks Rank and Valuation - Whirlpool currently holds a Zacks Rank of 4 (Sell), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Forward P/E ratio for Whirlpool is 9.08, which aligns with the industry's average Forward P/E of 9.08 [6] Industry Context - The Household Appliances industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 223, placing it in the bottom 10% of over 250 industries [6] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Insights - Williams-Sonoma, Inc. reported strong Q1 FY2025 results, with comparable brand revenue increasing by 3.4% and all brands achieving positive comps, marking a significant recovery in furniture sales for the first time since Q4 FY2022 [12][17][41] - The company emphasized supply chain efficiencies and cost discipline as key drivers of profitability, gaining market share in a contracting home furnishings industry [12][41] - A six-point tariff mitigation plan was implemented to manage costs associated with new tariffs, allowing the company to maintain its full-year guidance despite external pressures [9][25][51] Financial Performance - Comparable brand revenue increased by 3.4% in Q1 FY2025, with net revenues reaching $1.73 billion [12][42] - Operating margin improved to 16.8%, up 70 basis points year-over-year, while GAAP earnings per share (EPS) were $1.85, reflecting an 8.8% increase [3][41][46] - Gross margin was reported at 44.3%, down 60 basis points from the previous year, primarily due to a 220 basis point decline in merchandise margins from higher input costs [4][43] Expense Management - Selling, General, and Administrative (SG&A) expenses were 27.5% of revenues, a decrease of 130 basis points year-over-year, driven by lower employment and advertising expenses [5][45] - The company maintained a disciplined approach to managing costs, which contributed to the strong operating margin and EPS growth [41][46] Brand and Segment Performance - Retail comparable sales rose by 6.2%, while e-commerce comps increased by 2.1% [6][42] - The B2B segment grew by 8%, contributing significantly to overall revenue growth, alongside strong performances from emerging brands like Rejuvenation and Mark and Graham [6][20][35] Inventory and Cash Position - Inventory at the end of Q1 was $1.3 billion, up 10% year-over-year, including a strategic pull-forward of $60 million to mitigate tariff impacts [7][46][78] - The company ended the quarter with $1 billion in cash and no outstanding debt, following $58 million in capital expenditures and $165 million returned to shareholders [7][46] Guidance and Future Outlook - The company reiterated its guidance for FY2025, expecting comparable brand revenue growth of flat to 3% and operating margins between 17.4% and 17.8% [8][50] - The focus remains on returning to growth, enhancing customer service, and driving earnings, with a commitment to managing tariff-related costs effectively [24][54]

Williams-Sonoma (WSM) Q1 2026 Earnings Call May 22, 2025 10:00 AM ET Company Participants Jeremy Brooks - Senior VP, Chief Accounting Officer & Head of IRLaura Alber - President, CEO & DirectorJeff Howie - Executive VP & CFOMax Rakhlenko - Managing DirectorJonathan Matuszewski - Senior Vice PresidentSimeon Gutman - Managing DirectorEmily Ghosh - Equity Research Associate Conference Call Participants Bradley Thomas - Managing Director & Equity Research AnalystPeter Benedict - Senior Research AnalystCristina ...

Company Participation - Whirlpool Corporation will participate in the J.P. Morgan 18th Annual Homebuilding & Building Products Conference on May 20th at 2:00 p.m. ET [1] - Jim Peters, Executive Vice President and Chief Financial and Administrative Officer, will be presenting for Whirlpool Corporation [1] Investor Engagement - The company invites investors and the general public to view the webcast of the fireside chat, available on the events & presentations page of the Company's Investor Relations website [2] - An archived recording of the event will be accessible for at least 30 days on the company's website [2] Company Overview - Whirlpool Corporation is a leading home appliance company, focusing on improving life at home [3] - It is the last major U.S.-based manufacturer of kitchen and laundry appliances, with a strong emphasis on innovation [3] - In 2024, the company reported approximately $17 billion in annual sales, with nearly 90% of sales generated in the Americas [3] - The company employs 44,000 individuals and operates 40 manufacturing and technology research centers [3]

Core Insights - Lifetime Brands, Inc. reported consolidated net sales of $140.1 million for the first quarter of 2025, a decrease of $2.1 million or 1.5% compared to $142.2 million in the same period of 2024 [5][19] - The company experienced a gross margin of $50.6 million, or 36.1%, down from $57.5 million, or 40.5%, in the prior year [6][19] - Adjusted EBITDA for the trailing twelve months ended March 31, 2025, was $51.0 million [8] Financial Performance - The decrease in sales was attributed to a decline in the mass channel, which was affected by slower retail sales and overstocking at key retailers [3][4] - Selling, general and administrative expenses decreased by $8.0 million, or 20.3%, to $31.5 million, which included a net legal settlement gain of $6.4 million [6][19] - The net loss for the quarter was $(4.2) million, or $(0.19) per diluted share, an improvement from a net loss of $(6.3) million, or $(0.29) per diluted share, in the same period last year [7][19] Strategic Initiatives - The company is moving the majority of its manufacturing out of China to countries like Malaysia, Indonesia, Vietnam, Cambodia, India, and Mexico by the end of 2025 to mitigate risks associated with geopolitical factors and tariffs [4][10] - Project Concord, a comprehensive plan aimed at improving financial results in the International segment, is on track [10] Market Conditions - The current economic environment is characterized by uncertainty, which is expected to continue impacting the consumer products industry [4] - The company has tightened controls on variable expenses in response to a slowdown in consumer demand [3][4] Liquidity and Guidance - As of March 31, 2025, the company had liquidity of $89.6 million, consisting of $10.4 million in cash and cash equivalents and $63.2 million available under the ABL Agreement [9] - The company has opted not to provide financial guidance for the full year 2025 due to the shifting macro environment [10]