Lifetime Brands (LCUT) sells branded kitchenware and table top products. Of 2012 consolidated revenue, 76% was attributable to kitchenware such as cutlery, cutting boards and bakeware. And in the $3.0 billion tabletop industry, Lifetime Brands is the current market leader. In cutlery, cutting boards and shears -- a segment occupied by Lifetime Brands since 1945 -- the company holds the #1 market position.
The company's industry is one which, in theory, has been around since time immemorial. Further, the corporation has operating proficiently for most of the past decade -- except, of course, for the pothole in 2009:
On the far right we can see net income of $20.95m. Against the current market capitalization of $145m, that works...
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