Lifetime Brands: Warehouse Capacity Expansion Could Trigger The Stock Price

Summary

  • For kitchen utensils and products related to the well-being of the home, Lifetime Brand has managed to position itself as one of the benchmarks through its various brands.
  • I believe that recent news about more distribution and warehouse capacity expansion in Europe may benefit Lifetime’s financials from 2023.
  • Inorganic growth will likely help the company deliver sales growth and FCF generation. I am also quite optimistic about Lifetime’s opportunities abroad since the TAM internationally appears huge.

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Lifetime Brands, Inc. (NASDAQ:LCUT) recently announced further expansion of warehouse capacity, and reports a massive international target market. In my view, new agreements with outsourced contractors in Asia and new inorganic growth could bring significant FCF generation. Even considering

This article was written by

I am an ex-trader. Used to work for a large investment bank, I do growth stocks, and I live out of my investments.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of LCUT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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