LCUT Stock Recent News
LCUT LATEST HEADLINES
In the closing of the recent trading day, Lifetime Brands (LCUT) stood at $5.26, denoting a -1.87% change from the preceding trading day.
Investors with an interest in Consumer Products - Discretionary stocks have likely encountered both Lifetime Brands (LCUT) and VIZIO Holding Corp. (VZIO). But which of these two stocks is more attractive to value investors?
In the most recent trading session, Lifetime Brands (LCUT) closed at $5.08, indicating a -0.97% shift from the previous trading day.
Central Garden & Pet Company (CENT), Alto Ingredients (ALTO), The RealReal (REAL) and Lifetime Brands (LCUT) focus on a superior product strategy and prudent capital investments.
Lifetime Brands, Inc. (NASDAQ:LCUT ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Company Participants Robert Kay - Chief Executive Officer Laurence Winoker - Chief Financial Officer Conference Call Participants Madison Callinan - Canaccord Genuity Alan Weber - Robotti & Company Advisors Operator Good morning, ladies and gentlemen, and welcome to Lifetime Brands' Second Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to introduce your host for today's conference, Harley King.
Lifetime Brands (LCUT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.14 per share a year ago.
Consumer confidence is rebounding on easing inflation, helping stocks like OneSpaWorld Holdings (OSW), Marriott International (MAR), Lifetime Brands (LCUT), Royal Caribbean Cruises (RCL) and Norwegian Cruise Line (NCLH).
Investors with an interest in Consumer Products - Discretionary stocks have likely encountered both Lifetime Brands (LCUT) and Prestige Brands (PBH). But which of these two stocks is more attractive to value investors?
Lifetime Brands (LCUT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Lifetime Brands' stock dropped by more than 40% in the past year. International expansion is an opportunity for the firm given the TAM of $82 billion. Despite a 22% decline in revenue in 2022, cash flow remained positive.