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Stock impact report

Lifetime Brands Publishes Investor Presentation Highlighting Increased Long-Term Growth Targets

Lifetime Brands, Inc. (LCUT) 
Last lifetime brands, inc. earnings: 3/11 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
GARDEN CITY, N.Y., May 18, 2021 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today posted an updated investor presentation to its website, to be used in investor meetings beginning this week. The presentation can be accessed at https://lifetimebrands.gcs-web.com/events-and-presentations. The presentation highlights the Company’s successful execution of its “Lifetime Brands 2.0” growth strategy, strong recent performance and increased long-term growth targets. Lifetime Brands has provided revised five-year financial objectives, including the following forward-looking non-GAAP financial measures: Financial Measure5-Year ObjectiveAdjusted EBITDA$120 million, revised from $90+ millionAdjusted EBITDA Margin12%, revised from 10%Sales Growth – Organic (CAGR)3%, revised from 2%Sales Growth – with Food Service (CAGR)3.5%, revised from 4% “We have been executing we Show less Read more
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