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Stock impact report

Lifetime Brands, Inc. Announces New Distribution Center to Build Lifetime’s Infrastructure for the Future

Lifetime Brands, Inc. (LCUT) 
Last lifetime brands, inc. earnings: 3/11 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
~ Optimizes Infrastructure for U.S. Business, Increasing Capacity by 46% to 1.027 Million Square Feet ~ ~ Relocating East Coast Distribution Center to Built to Suit Facility in Hagerstown, MD ~ ~ Expected to be Fully Operational in 2026 ~ GARDEN CITY, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT) (“Lifetime” or the “Company”), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today announced its plan to construct a new distribution center that will serve as a cornerstone for Lifetime’s infrastructure for the future, beginning with the signed lease for a new built to suit 1.027 million-square foot distribution center in Hagerstown, MD (the “Hagerstown Facility”). The expanded capacity of the Hagerstown Facility will effectively operate as the Company’s primary U.S. east coast distribution center, a relocation from the current distribution Show less Read more
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