Lifetime Brands (LCUT) Investor presentation summary

Company overview and market position

• Leading consumer durables company focused on home products, with 91% of sales in the U.S. and $647.9M net sales in 2025.

• Holds #1 or #2 market positions in kitchen tools, cutlery, barware accessories, and bath scales.

• Operates 28 leading brands and maintains a presence in over 100 international markets.

• Omnichannel sales approach, serving mass market, specialty, e-commerce, and commercial channels.

• 2 million ft² of distribution space across the U.S., Europe, and Asia.

Financial performance and liquidity

• 2025 adjusted EBITDA was $50.8M, with a gross margin of 37.1%.

• Net sales declined from $683.0M in 2024 to $647.9M in 2025.

• Adjusted diluted income per share for 2025 was $0.81, up from $0.58 in 2024.

• Liquidity at year-end 2025 was $76.6M, with a net leverage ratio of 3.9x.

• Free cash flow conversion was 6.3% in 2025, impacted by timing of payments.

Strategic initiatives and growth

• Focused on expanding into adjacent categories such as pet, outdoor, storage, and higher-end cutlery.

• Robust M&A pipeline targeting food service, pet, outdoor, and international markets.

• History of successful launches, including Jamie Oliver and Dolly Parton brands, and acquisition of S'well.

• Commercial food service segment targets $30M+ sales in 2026 and $60M in North America within five years.

• Project Concord aims to streamline international operations and achieve breakeven in 2026.