Tuesday, May 8, 2007

Lifetime Brands reaffirms 2007 forecast

(Reuters) - McNally said the positive outlook was based on projected 15 percent organic growth in its wholesale segment, improved operating margins in the wholesale business and a substantial improvement in its direct to consumer business.

For the direct to consumer segment, however, McNally said the company still expects an operating loss for the year.


Read more at Reuters.com Market News

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