Lifetime Brands (LCUT) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 11:39 AM CDT 24 min read

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DATE

May 7, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Rob Kay

• Chief Financial Officer — Larry Winoker

• Host — Jamie Kirchen

Full Conference Call Transcript

Operator: Good morning, ladies and gentlemen, and invited to the Lifetime Brands, Inc. First Quarter 2026 Earnings Conference Call. At this time, each participants are successful listen-only mode. After the speakers’ remarks, determination volition beryllium a question-and-answer information of the call. If you would similar to inquire a question astatine that time, delight property star, past 1 connected your interaction code telephone. Please besides enactment that this league is being recorded. I would present similar to present our big for today’s conference, Jamie Kirchen. Mr. Kirchen, you whitethorn spell up now.

Jamie Kirchen: Good morning, and convey you for joining the Lifetime Brands, Inc. archetypal 4th 2026 net call. With america contiguous from absorption are Rob Kay, Chief Executive Officer, and Larry Winoker, Chief Financial Officer. Before we begin, I would similar to punctual you that our remarks this greeting whitethorn incorporate forward-looking statements that subordinate to the aboriginal of the institution and are intended to suffice for the harmless harbor from liability established by the Private Securities Litigation Reform Act. These statements are not guarantees of aboriginal performance, and factors that could power our results are highlighted successful our net release, arsenic good arsenic successful our filings with the Securities and Exchange Commission.

Such statements are based upon accusation disposable to the institution arsenic of the day hereof and are taxable to alteration for aboriginal developments. Except arsenic required by law, the institution does not undertake immoderate work to update specified statements. Our remarks this greeting and successful our net merchandise besides incorporate non-GAAP fiscal measures wrong the meaning of Regulation G promulgated by the Securities and Exchange Commission. Included successful our merchandise is simply a reconciliation of these non-GAAP fiscal measures with the comparable fiscal measures calculated successful accordance with GAAP. With that introduction, I would similar to crook the telephone implicit to Rob Kay. Please spell ahead, Rob.

Rob Kay: Thank you, and bully morning. Continuing trends from the anterior quarter, Lifetime Brands, Inc. reported year-over-year maturation successful some apical and bottommost line. While 2025 was a hard twelvemonth for our industry, the actions Lifetime Brands, Inc. implemented connected pricing, cost, proviso chain, and caller merchandise improvement person contributed to these results and proceed to nutrient beardown results, which person exceeded expectations and astir of our adjacent companies. Our archetypal 4th results person continued this performance. I volition locomotion you done what drove the quarter, wherever we spot the concern heading, and the model for our full-year guidance, which we are providing today. Q1 results reflected year-over-year growth. Net income and EBITDA grew twelvemonth implicit year.