Lifetime Brands, Inc. Announces New Distribution Center to Build Lifetime's Infrastructure for the Future
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2025
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Source: Newsfilter
New Distribution Center Announcement: Lifetime Brands, Inc. plans to construct a new 1.027 million-square foot distribution center in Hagerstown, MD, relocating from Robbinsville, NJ, with completion expected by 2026 to enhance operational efficiency and support future growth.
Operational Benefits and Incentives: The new facility will increase distribution capacity by 327,000 square feet, includes rent abatement for the first three years, and benefits from state incentives aimed at reducing future distribution expenses.
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Analyst Views on LCUT
Wall Street analysts forecast LCUT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCUT is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 3.610
Low
4.00
Averages
4.00
High
4.00
Current: 3.610
Low
4.00
Averages
4.00
High
4.00
About LCUT
Lifetime Brands, Inc. is a global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company operates through two segments: U.S. and International. The Company markets its products under kitchenware brands, including Farberware, KitchenAid, Sabatier, Amco Houseworks, Chef’n Chicago Metallic, Copco, Fred & Friends, Houdini, KitchenCraft, Kamenstein, La Cafetiere, MasterClass, Misto, Swing-A-Way, Taylor Kitchen, Rabbit, and Dolly; tableware and giftware brands, including Mikasa, Pfaltzgraff, Fitz and Floyd, Empire Silver, Gorham, International Silver, Towle Silversmiths, Wallace, Wilton Armetale, V&A, Royal Botanic Gardens Kew, Year & Day, Dolly, Royal Leerdam, and ONIS; and valued home solutions brands, including BUILT NY, S’well, Taylor Bath, Taylor Kitchen, Taylor Weather, Planet Box, and Dolly. The Company also provides exclusive private label products to retailers worldwide. The Company also operates its own consumer Websites.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Lifetime Brands, Inc. (LCUT) Q2 2025 Earnings Call Transcript
Earnings Call Overview: Lifetime Brands, Inc. held its Q2 2025 earnings conference call on August 7, 2025, featuring CEO Rob Kay and CFO Larry Winoker discussing the company's performance and future outlook.
Forward-Looking Statements Disclaimer: The company provided a disclaimer regarding forward-looking statements, emphasizing that these are not guarantees of future performance and are subject to change based on various factors.
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