LCUT News & Events

Reports Q1 revenue $143.51M, consensus $137.57M. Rob Kay, Lifetime's Chief Executive Officer, commented, "Our first quarter results validate decisions that carried short-term cost, but were right for the business. We moved first on pricing, took deliberate action on our cost structure, and continued investing in new products while many in our industry pulled back. The payoff is showing up, as net sales and adjusted EBITDA both grew year-over-year, we believe we outperformed our peers, and we are providing full-year guidance that reflects our confidence in where this business is headed. Home Solutions grew nearly 23% in the quarter, with the Dolly Parton brand continuing to build on its strong trajectory, and our kitchen tools division, our largest division, delivered a strong performance. The pricing tailwind we created by moving early is now fully embedded and structural. The new Hagerstown distribution center is online, on time and favorable to plan, and we continue to see compelling growth opportunities that could further strengthen our competitive positioning. We have a proven playbook and the momentum to deliver on our commitments to shareholders."

Sees FY26 revenue view $650M-$700M, consensus $658.12M. Sees FY26 adjusted EBITDA $53.5M-$56M.

Reports Q4 revenue $204.074M, consensus $201.16M. Rob Kay, Lifetime's Chief Executive Officer, commented, "Our fourth quarter results reflect the culmination of several strategic decisions made earlier in the year, decisions that were not without short-term cost, but right for the business. We moved first on pricing to offset tariff headwinds, partnered closely with our customers to navigate a period of real disruption, and we took decisive action to reduce our cost structure. The results validated that approach: with operating profit for the quarter exceeding 2024 despite a more challenging top-line environment, strong full year adjusted EBITDA of $50.8 million, and a leaner organization that is better positioned than a year ago. The Dolly brand continues to exhibit strong sales growth with a 150% increase for the year, a positive reflection of where our strategy is gaining traction. Recovering sustainable growth remains the priority in 2026, and we enter the year with momentum, a proven playbook, and the confidence in our ability to deliver long-term value for our shareholders."