Lifetime Brands reports 2Q sales up, profit loss narrowed
Lifetime Brands Inc.,Garden CityKitchen and dining wares, home decor Net incomE: Loss of $981,000, compared with loss of $1.25 million in the same period last year
Net saleS: $86.9 million compared with $85.3 million in the year-ago quarter
OutlooK: Chief executive Jeffrey Siegel said, "Lifetime's business during the quarter continued to improve, reflecting cautious optimism by retailers and stronger confidence among consumers. Based on our current order flow, we expect these trends to continue during the second half of the year."
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