Lifetime Brands (LCUT) Q4 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, March 12, 2026 astatine 11:25 AM CDT 30 min read

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Thursday, March 12, 2026 astatine 11 a.m. ET

• Chief Executive Officer — Rob Kay

• Chief Financial Officer — Laurence Winoker

• Director of Investor Relations — Jamie Kirchen

Operator: Good morning, ladies and gentlemen, and invited to the Lifetime Brands, Inc. 4th fourth 2025 net league call. At this time, I would similar to pass each participants that their lines volition beryllium successful a 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 during this time, delight property prima and 1 connected your touch-tone telephone. Please besides enactment today's lawsuit is being recorded. At this time, I would similar to present our big for today's conference, Jamie Kirchen. Mr. Kirchen, you whitethorn spell ahead.

Jamie Kirchen: Good morning, and convey you for joining Lifetime Brands, Inc. 4th fourth 2025 net call. With america contiguous from absorption are Rob Kay, Chief Executive Officer, and Laurence Winoker, Chief Financial Officer. Before we statesman the call, I would similar to punctual you that our remarks this greeting whitethorn incorporate forward-looking statements that subordinate to the aboriginal of the company, and these statements are intended to suffice for the harmless harbor extortion from liability established by the Private Securities Litigation Reform Act. Any specified statements are not guarantees of aboriginal performance, and factors that could power our results are highlighted successful our net release. Other factors are contained 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 development. 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 specified 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 volition present crook the telephone implicit to Rob Kay. Please spell ahead, Rob.

Rob Kay: Thank you, and bully morning. A twelvemonth ago, we entered 2025 knowing it would beryllium a challenging year. What we did not afloat expect was conscionable however dynamic the outer situation would become. The tariff escalations, retail lawsuit disruption, consumers' reactions, and the operational demands were each significant. And yet, erstwhile I look astatine wherever we basal today, I americium arrogant of however our squad performed and wherever we finished the year. Let maine locomotion you done the cardinal dynamics that shaped some the 4th fourth and the afloat twelvemonth and the decisions we made, including those that carried short-term costs, and wherefore they were close for our business.