Lifetime Brands 2025 Q3 Earnings Shift to Loss Amid Tariff Challenges

Lifetime Brands (LCUT) reported fiscal 2025 Q3 earnings on November 6, 2025, swinging to a loss amid revenue declines and tariff-related pressures. The company’s results missed expectations, with a net loss of $0.05 per share compared to a $0.02 profit in the prior-year period. Management cited ongoing tariff uncertainties and shifting consumer demand as key challenges, while reiterating confidence in long-term strategic initiatives.

Revenue

Lifetime Brands reported total revenue of $171.91 million for the quarter, a 6.5% decline from $183.84 million in 2024 Q3. The U.S. segment contributed the majority of this drop, with sales falling 7.1% year-over-year. Meanwhile, the International segment showed resilience, benefiting from strategic shifts toward major retailers in Australia, New Zealand, and Europe.

Earnings/Net Income

The company swung to a net loss of $1.19 million in 2025 Q3, compared to a net income of $344,000 in the prior-year period. Earnings per share deteriorated from $0.02 to a loss of $0.05, representing a 350% negative change. The decline reflects higher costs to offset tariffs, reduced unit sales, and weaker consumer demand.

Post-Earnings Price Action Review

The stock price of Lifetime Brands exhibited mixed performance post-earnings. Shares climbed 5.17% during the latest trading day but tumbled 10.29% over the most recent full trading week. Month-to-date, the stock plummeted 20.16%, underscoring investor concerns about near-term volatility and profitability challenges.

CEO Commentary

Rob Kay, CEO of Lifetime Brands, emphasized the company’s proactive approach to navigating tariff uncertainties through a fully implemented mitigation strategy, disciplined cost management, and Project Concord. He highlighted improved efficiency in the International segment and expressed optimism about pursuing M&A opportunities amid industry dislocation.

Guidance

The company refrained from issuing formal 2025 financial guidance due to ongoing trade uncertainties. However, management expects Project Concord to advance as planned, enhancing efficiency and margins in the International segment. A quarterly dividend of $0.0425 per share was declared, payable in February 2026.

Additional News

Lifetime Brands has intensified its M&A efforts, with CEO Rob Kay noting increased deal flow as financially pressured competitors seek partnerships or sales. The company also expanded sourcing in Mexico and Southeast Asia, leveraging a 10% tariff reduction on Chinese imports to improve cost efficiency. Additionally, the board declared a quarterly dividend of $0.0425 per share, underscoring confidence in long-term profitability despite current challenges.

The earnings report underscores Lifetime Brands’ strategic focus on mitigating trade pressures while navigating short-term volatility. With a solid liquidity position of $51 million and ongoing operational improvements, the company aims to capitalize on market dislocations and drive long-term growth. Investors remain cautious, however, as the stock’s year-to-date decline of 47.9% highlights broader market skepticism about its ability to stabilize earnings in the near term.

Conclusion

Lifetime Brands faces a complex operating environment marked by tariff fluctuations and shifting consumer demand. While management remains optimistic about its strategic initiatives and cost controls, the path to profitability will require sustained execution and favorable market conditions. The absence of formal guidance for 2025 reflects these uncertainties but also signals a focus on long-term positioning over short-term metrics.