Lifetime Brands Records $177.7 Million in Q3 Net Sales
LCUT Lifetime Brands Inc
$7.48 -1.84%
View chart & analysis → - 1Lifetime Brands recorded a 3.4% growth rate in net sales for the third quarter.
- 2The company reflected $3.3 million in inventory costs related to Q3 SKU rationalization.
- 3The board of directors increased the share repurchase limit to $20 million.
So what's the key point?
Lifetime Brands' net sales for the third quarter were $177.7 million. Inventory costs were reflected, and the board increased the limit for buying back company shares to $20 million.
Source The Motley Fool · View original ↗
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