Lifetime Brands Declares $0.0425 Quarterly Dividend
Lifetime Brands, Inc., a designer and marketer of kitchenware and home products, announced a quarterly dividend of $0.0425 per share. The dividend is payable May 15, 2026 to shareholders of record as of May 1, 2026.
Lifetime Brands, Inc., a designer and marketer of kitchenware and home products, declared a quarterly cash dividend of $0.0425 per share on March 9, 2026. The dividend will be paid on May 15, 2026 to shareholders of record as of May 1, 2026. Read more dividend announcements.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.0425 |
| Record Date | May 1, 2026 |
| Payment Date | May 15, 2026 |
| Declaration Date | March 9, 2026 |
Full-Year 2025 Financial Performance
The company reported a net loss of $26.9 million, or $1.24 per diluted share, for the year ended December 31, 2025, compared to a net loss of $15.2 million, or $0.71 per diluted share, in 2024. Adjusted net income was $17.6 million, or $0.81 per diluted share, compared to $12.6 million, or $0.58 per diluted share, in the prior year.
Consolidated net sales for 2025 decreased 5.4% to $648.8 million from $685.7 million in 2024. Gross margin declined to 37.1% from 38.2% in the corresponding period.
Loss from operations was $9.4 million in 2025, compared to income from operations of $27.1 million in 2024. Adjusted income from operations was $37.9 million, down from $44.7 million in the prior year. Adjusted EBITDA for 2025 was $50.8 million.
Selling, general and administrative expenses decreased 10.9% to $142.4 million from $159.8 million in 2024.
The company plans to provide detailed full-year 2026 guidance in conjunction with its first-quarter 2026 results in mid-May.