REYN - Lifetime Brands Soars 5.9%: Is Further Upside Left in the Stock? | Benzinga
Lifetime Brands (NASDAQ: LCUT) shares ended the last trading session 5.9% higher at $8.62. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 24.4% loss over the past four weeks.
Lifetime Brands' shares have been gaining on the optimism surrounding its strategic emphasis on operational excellence, supported by effective expense management. LCUT continues to experience strong sell-through rates, highlighting the enduring popularity and compelling value of its product lineup. Furthermore, Lifetime Brands' expansion into the Asia Pacific region is a significant growth catalyst.
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