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Lifetime Brands saw Q4 profits soar 269%, yet brokerages downgraded its stock rating.
Lifetime Brands reported strong Q4 earnings, beating estimates with a 269% profit increase and a 6% rise in sales to $215 million.
Despite positive financials, brokerages lowered stock ratings.
The company's Project Concord aims to boost international sales and streamline costs for better profitability.
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Las marcas de por vida vieron ganancias Q4 elevarse 269%, sin embargo, los corredores bajaron su calificación de acciones.