Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.
Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.
Despite the 100% run up, LCUT could still be in value territory.
Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.
If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.
Despite the 100% run up, LCUT could still be in value territory.
Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.
If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
###Dominion Lending Centres Clearlease Reports Lifetime Brands (NASDAQ: LCUT) up 100% but still room for more.
Vancouver, B.C., Canada (March 30, 2011) – Clearlease.com reports Lifetime Brands (NASDAQ: LCUT) had a tremendous 2010, gaining just over 100%. The company sells food preparation, tabletop and home decor products and owns household brands such as KitchenAid, Cuisinart and Farberware.
Despite the 100% run up, LCUT could still be in value territory.
Gross margins is just above 40% with operating margins at 6.7%. Normalized net margin is around 4-5% which is very respectable for the industry it is in.
If you like to use Buffett’s definition of FCF, which he calls owner earnings, the trend is actually much more positive. Where 2009 FCF is $61.6m followed by a 2010 FCF of $27.2m, the owner earnings for 2009 and 2010 come out to $14.5m and $29m respectively. This shows that in terms of the “real” owner earnings, LCUT has improved considerably as opposed to the drop you see in just regular FCF.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
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