Lifetime Brands Inc (LCUT) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 13, 2020
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Lifetime Brands Inc (LCUT, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Lifetime Brands Inc is a Delaware based company headquartered in New York. It designs, sources and sells branded kitchenware, tableware and other products. The company has three operating segments including U.S Wholesale, International, and Retail Direct. Lifetime Brands Inc has a market cap of $113.300 million; its shares were traded at around $5.33 with and P/S ratio of 0.14. The dividend yield of Lifetime Brands Inc stocks is 3.19%. GuruFocus has detected 4 severe warning signs with Lifetime Brands Inc. .

For the last quarter Lifetime Brands Inc reported a revenue of $226.9 million, compared with the revenue of $228.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $734.9 million, an increase of 4.3% from last year. For the complete 30-year financial data, please go here.. For the last five years Lifetime Brands Inc had an average revenue growth rate of 4.8% a year.

The reported loss per diluted share was $2.16 for the year. The Lifetime Brands Inc had an operating margin of 2.86%, compared with the operating margin of 3.28% a year before. The 10-year historical median operating margin of Lifetime Brands Inc is 4.62%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Lifetime Brands Inc has the cash and cash equivalents of $11.4 million, compared with $7.65 million in the previous year. The long term debt was $399.3 million, compared with $304.8 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Lifetime Brands Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $5.33, Lifetime Brands Inc is traded at 57.8% discount to its historical median P/S valuation band of $12.62. The P/S ratio of the stock is 0.14, while the historical median P/S ratio is 0.35. The stock lost 42.6% during the past 12 months.

For the complete 20-year historical financial data of LCUT, click here.