LIFETIME BRANDS DL-,01

Lifetime Brands has replaced its Term Loan B with a new $60 million subordinated secured loan from Pathlight Capital and has amended and extended its $200 million asset-based revolving credit facility led by JPMorgan. Both facilities now mature in August 2031. Management says the refinancing extends maturities and increases financial flexibility; the company will file an 8-K with the SEC. » Więcej na de.investing.com

Lifetime Brands confirmed at the annual general meeting a dividend of $0.17 for 2025. The total payout amounts to $3.78 million, which is 0.787 percent below the previous year. The dividend yield rises to 4.30 percent, and the share price has increased by 116.41 percent year-to-date. » Więcej na finanzen.net

Lifetime Brands offset 145% tariffs on China-sourced goods with first-mover price increases that initially pressured volumes but restored pricing parity and improved profitability. Q4 normalization followed order cancellations and deferred shipments in mid-year; adjusted income from operations rose about 30% despite a 5% sales decline, helped by a 12% reduction in SG&A. The Dolly brand grew roughly 150% to $18 million and is expanding beyond the dollar channel. Management expects top-line recovery in 2026 as deferred volumes and new product launches return, while noting $7 million of remaining CapEx for a Maryland distribution center and rising ocean freight risks. » Więcej na finance.yahoo.com