Lifetime Brands, Inc. Reports First Quarter 2021 Financial Results
GARDEN CITY, N.Y., May 06, 2021 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NASDAQ:LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2021. Robert Kay, Lifetime's Chief Executive Officer, commented, "Lifetime Brands is off to an excellent start in 2021 with top line growth of 34.9% driving net income of $3.1 million and year-over-year growth in Adjusted EBITDA of 418% or $13.6 million. This represents the seventh consecutive quarter of year-over-year growth from our core US business, which continues to lead our overall business. Our strong resul
