AI brief of an SEC Form 8-K · LIFETIME BRANDS, INC (LCUT)

Lifetime Brands Q2 net income $19.6 million; full-year operating income guidance raised

Positive Impact 4 of 5 earnings Written later

Lifetime Brands reported second-quarter 2026 net sales of $141.6 million, up 7.4%, and net income of $19.6 million, or $0.87 per diluted share, compared with a net loss of $39.7 million a year earlier. The quarter includes a $40.1 million tariff refund benefit, and the company raised its full-year 2026 income from operations and net income guidance while reaffirming its net sales guidance.

Key points

  • Net sales were $141.6 million, up from $131.9 million in the second quarter of 2025.
  • Net income was $19.6 million, or $0.87 per diluted share, including a pre-tax tariff refund benefit of $40.1 million.
  • Full-year 2026 income from operations guidance was raised to $48 million to $50.5 million from $12 million to $14.5 million; net sales guidance of $650 million to $700 million was reaffirmed.
  • The board declared a quarterly dividend of $0.0425 per share, payable November 13, 2026 to holders of record on October 30, 2026.

The filing

CompanyLIFETIME BRANDS, INC (LCUT)
Form8-K, current report
Filed with the SECAug 6, 2026, 8:05 AM ET
Accession number0000874396-26-000039

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.