Lifetime Brands Inc Lowers FY 2013 Revenue Guidance

Thursday, 7 Nov 2013 07:01am EST 

Lifetime Brands Inc announced that due to some concerns about the overall strength of the holiday shopping season and the types of products on which consumers will spend their money, the Company reducing its sales guidance for fiscal 2013 to an increase of 3% to 5%. The Company reported revenue of $487 million in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $513 million for fiscal 2013. 

Company Quote

1 Sep 2015