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Lifetime Brands Records $4.2 Million Loss in Q3

Associated Press +2 · ·by G4L

LCUT
LCUT Lifetime Brands Inc
$7.48 -1.84%
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  1. 1Lifetime Brands Inc. recorded a loss of $4.2 million in the third quarter.
  2. 2Lifetime Brands Inc. achieved revenue of $177.7 million during the period.
  3. 3Lifetime Brands Inc. reported a loss of 19 cents per share in the third quarter.

So what's the key point?

Lifetime Brands Inc. had a loss of $4.2 million in the third quarter. This means that while revenue reached $177.7 million, the company did not make a profit.

Source Associated Press +2 · View original ↗

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