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Article: Lifetime Brands Achieves 40% Increase in Second-Quarter Net Sales; Net Income Rises to $1.3 Million; Company Updates Financial Outlook for 2005.
- Article from:
- Business Wire
- Article date:
- August 3, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTBURY, N.Y. -- Lifetime Brands, Inc. (NASDAQ NM: LCUT), a leading designer, marketer and distributor of nationally branded consumer products for the home, today announced results for the second quarter ended June 30, 2005.
For the second quarter of 2005, net sales increased 40% to $46.2 million from $33.0 million for the same period of 2004. Not including approximately $2.3 million in net sales attributable to the Excel business Lifetime acquired in July 2004, second-quarter net sales in 2005 rose 33% to $43.9 million. The Company reported net income of $1.3 million compared to $203,000 for the second quarter of 2004. On a diluted per share basis, net income ...
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Article: Lifetime Brands sales up 50%.
Newsday (Melville, NY);
November 7, 2006 ;
700+ words
... ... per-share basis, Lifetime Brands earned 45 cents, compared ... the $94.2 million Lifetime Brands said it posted in the third quarter of 2005. Net sales in the third quarter ... Jeffrey Siegel, Lifetime Brands president and chief ...
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