Lifetime Brands announces Q3 adjusted EPS of 11 cents, down from 21 cents a year ago.
Reports Q3 revenue $171.912M vs $183.837M last year. Rob Kay, Lifetime's Chief Executive Officer, commented, "While the current tariff environment has created near-term volatility, Lifetime has navigated challenges like this before, and our actions are positioning us to emerge stronger. With a fully implemented tariff-mitigation strategy, disciplined cost management, and the benefits of Project Concord, we've demonstrated our ability to adapt and execute. Periods of disruption often create opportunity, and we are seeing that play out today. Many in our industry are under pressure, and we are in the right position: financially, operationally, and strategically to capitalize on those dynamics. We continue to evaluate M&A opportunities that could further strengthen our market share and long-term competitive positioning. As the broader market stabilizes, we expect the progress we've made this year to translate into stronger performance, greater resilience, and renewed growth momentum ahead."
