Filing Flows › Lifetime Brands (LCUT) › Q1 2025
Lifetime Brands (LCUT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Lifetime Brands (LCUT) reported revenue of $140M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -35% from the quarter before. Operating margin was 0.8%, net loss $4.2M (3.0% of revenue).
Lifetime Brands, Q1 2025: revenue $140M (-2% year over year), operating margin 0.8%, net loss $4.2M, operating cash flow $16.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $140M | -35% | -2% |
| Operating profit | $1.1M | — | — |
| Net earnings | −$4.2M | — | — |
| Operating cash flow | $16.7M | -18% | +59% |
| Free cash flow | $15.1M | -23% | +53% |
What changed
Revenue was $140.1M in Q1 2025, down 2% year over year and down 35% from the previous quarter. U.S. segment was the largest line at 92% of revenue. U.S. segment lost $2.0M year over year (down 2%), 91% of the total change.
Gross margin was 36.1%, down 4.3 points from a year earlier. Operating profit was $1.1M, a 0.8% margin (down 0.5 points year over year). Operating expenses fell 11% while revenue fell 2%. The fastest-growing cost line was Other operating costs (+12%). The quarter ended with a net loss of $4.2M, after a profit of $8.9M the previous quarter. Net interest and other expense of $5.4M was the main reason.
Operating cash flow was $16.7M (up 59% year over year). Non-cash charges added back $5.7M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $14.2M. Capital expenditures of $1.6M left free cash flow of $15.1M.
Questions
What was Lifetime Brands' revenue in the first quarter 2025?
Lifetime Brands (LCUT) reported revenue of $140M for the first quarter 2025 (Q1 2025), -2% from a year earlier and -35% from the quarter before.
Was Lifetime Brands profitable in the first quarter 2025?
Operating profit was $1.1M (0.8% of revenue) and net loss $4.2M.
Source: Lifetime Brands 10-Q on SEC EDGAR.