Lakeland Industries

Lakeland Industries, Inc. engages in the manufacture and sale of safety garments and accessories for the industrial and public protective clothing market. It operates through the Domestic and International geographical segments. The firm's products include disposable protective clothing, chemical protective clothing, woven protective clothing, fire protective gear, heat protective clothing, reflective protective clothing, hand and arm protection, arc or fire-retardant rated rainwear, and fire-retardant protective clothing. The company was founded in April 1982 and is headquartered in Huntsville, AL.

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Lakeland Industries reports $29M in Q1 sales, focuses on growth

Lakeland Industries is focused on revenue growth, operational efficiency, and maintaining a strong financial position amidst economic uncertainty. The company is making progress with integration efforts and plans to bring product manufacturing in-house, while also initiating a dividend program and expecting a favorable effective tax rate for fiscal 2024.

Lakeland Industries Reports Strong Q2 Earnings, Eyes Growth Opportunities

Lakeland Industries delivered strong second quarter results, driven by organic growth and the positive impact of acquisitions. While facing challenges in Asian markets, the company is focused on strategic priorities to drive revenue growth and maintain a robust financial position.

Lakeland Industries Reports Strong Q3 Performance and Expands Global Presence

Lakeland Industries delivered strong financial results, driven by revenue growth, strategic acquisitions, and a focus on high-value product lines. While facing challenges in certain markets, the company's M&A strategy and global growth opportunities position it for continued success.

Lakeland Industries reports Q4 growth but faces margin challenges

Lakeland Industries' Q4 2023 performance reflects mixed results with revenue growth but margin challenges.
The company's strong liquidity position and strategic priorities position it well for future growth.
Addressing challenges in sequential sales decline and tax rates while leveraging opportunities can drive sustained success.
Investors should monitor Lakeland's execution of growth strategies and margin improvement initiatives closely.

Lakeland Industries excels in Q1 2024, eyes international growth

Lakeland Industries demonstrated resilience and growth in Q1 2024, leveraging targeted strategies and high-value offerings.
While facing challenges in Asian markets due to COVID-19, the company capitalized on opportunities in Europe and Latin America.
With a strong financial position, ongoing integration efforts, and focus on innovation, Lakeland is poised for continued success.

Lakeland Industries reports robust Q2 earnings, eyes growth opportunities

Lakeland Industries' Q2 2024 earnings call showcased strong sales growth, solid margins, and promising EBITDA growth. While facing challenges in certain Asian markets, the company is well-positioned to capitalize on opportunities through strategic priorities and synergies from recent acquisitions.

Lakeland Industries excels in Q3 with strategic acquisitions and growth

Lakeland Industries delivered a robust performance in Q3 2024, marked by strong sales growth, profitability, and strategic acquisitions, positioning the company for future success.
With a focus on high-value product lines, effective cost management, and financial prudence, Lakeland has strengthened its competitive position and financial health.
While facing challenges in certain regions and operational aspects, Lakeland's proactive approach to addressing market dynamics and seizing growth opportunities underscores its resilience and strategic foresight.
By capitalizing on market strengths, addressing challenges, and pursuing growth opportunities, Lakeland is poised to navigate uncertainties and drive sustainable value creation for stakeholders.

Lakeland Industries posts robust earnings, eyes growth through strategic acquisitions

Lakeland Industries delivered strong financial results for Q4 2024 and FY 2024, supported by strategic acquisitions and operational enhancements.
While facing challenges such as currency devaluation and leadership transitions, the company remains optimistic about future growth prospects.
By focusing on innovation, customer satisfaction, and operational excellence, Lakeland is well-positioned to capitalize on market opportunities and drive continued success.

Lakeland Industries excels in Q1 2025, eyes growth through acquisitions

Lakeland Industries delivered strong financial results in Q1 2025, driven by revenue growth, improved margins, and strategic acquisitions.
The company's focus on expanding product reach, raising guidance, and addressing challenges through strategic planning positions it for continued success.
While facing challenges in integration and margin management, Lakeland can capitalize on opportunities in new markets and operational enhancements for future growth.

Lakeland Industries reports Q2 loss, eyes growth post-acquisition

Lakeland Industries faced challenges with lower sales and increased expenses, resulting in a net loss for Q2 2025.
Despite these challenges, the company maintains a strong cash position and is focused on growth strategies.
Opportunities lie in leveraging the LHD acquisition, addressing sales factors, and optimizing expenses for improved performance.

Lakeland Industries reports robust Q3 sales growth amidst rising expenses

Lakeland Industries delivered strong sales growth driven by Fire Services products, but faced challenges with rising operating expenses impacting profitability. Despite this, the company remains confident in its strategies, outlook, and ability to achieve revenue and EBITDA targets for the fiscal year.

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Lake Industries manufactures protective clothing for the medical and industrial markets.

Lakeland Industries: Buy This Stock To Inoculate Your Portfolio Against The Delta Variant

Lakeland Industries (LAKE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Lakeland Industries (LAKE) Stock Jumps 7.1%: Will It Continue to Soar?

Lakeland's (LAKE) board approves a $5-million extension to its share repurchase program announced this February. The new program underpins the company's commitment to rewarding shareholders handsomely.

Lakeland (LAKE) Board Okays $5M Hike to February Buyback Program

Expectations for Sustainable Performance Improvements and Continued Free Cash Flow Support Increase to Buyback Authorization DECATUR, AL / ACCESSWIRE / July 7, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that its Board of Directors has authorized an increase of $5 million to the stock repurchase program announced February 17, 2021, under which the Company could repurchase up to $5 million of outstanding common stock. This expansion is in addition to the prior program which has been completely utilized during the fiscal second quarter ending July 31, 2021.

Lakeland Industries Announces New $5.0 Million Expansion to Stock Repurchase Program

DECATUR, AL / ACCESSWIRE / June 29, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that it has significantly expanded its credit facility with Bank of America in support of its capital allocation strategy focused on inorganic corporate developments and other growth initiatives. The amendment to the Company's senior secured revolving credit facility increases the amount of potential borrowings from $12.5 million to $25.0 million.

Lakeland Industries Significantly Strengthens its Financial Position by Doubling the Size of its Credit Facility with Bank of America

LAKE stock sold off after Q1 earnings, as the company posted year-over-year declines in revenue and profits. But the pandemic-driven year-prior comparison is the key factor; on a normalized basis, Lakeland clearly is heading in the right direction.

Lakeland Industries: Short-Term Fears Obscure Long-Term Value

This is one stock that's struggling as the pandemic comes to an end.

Why Lakeland Industries Stock Dropped 14.1% on Thursday

DECATUR, AL / ACCESSWIRE / June 10, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that its management is scheduled to participate in an upcoming virtual investor conference. Event: Sidoti & Company Virtual Investor Conference Date: Thursday, June 24, 2021 Meeting Times: 9:00 a.m.

Lakeland Industries to Participate in Sidoti & Company Virtual Investor Conference on June 24, 2021

Lakeland Industries Inc (NASDAQ: LAKE) reported first-quarter FY22 net revenue of $34.1 million, a decrease of 25.2% year-over-year, beating analyst consensus of $33.3 million. The industrial protective clothing manufacturer saw growth in traditional industries following a decline in COVID-19 sales as countries reopen their economies after launching a vaccination campaign.

Lakeland Stock Falls After Decline In Q1 Revenue, Contracting Margins

Lakeland Industries, Inc. (LAKE) CEO Charles D. Roberson on Q1 2022 Results - Earnings Call Transcript

Shares of Lakeland Industries (NASDAQ:LAKE) fell after the company reported Q1 results. Quarterly Results Earnings per share fell 46.73% over the past year to $0.57, which beat the estimate of $0.53.

Recap: Lakeland Industries Q1 Earnings

Sustainable Performance Improvements Delivered as Growth Resumes in Industrial Segments, Margins Remain Strong, and Cash Balances Improve DECATUR, AL / ACCESSWIRE / June 9, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2022 first quarter ended April 30, 2021. Fiscal 2022 First Quarter Financial Results Highlights Net sales for 1Q22 of $34.1 million, compared with 1Q21 of $45.6 million and $36.9 million in 4Q21 COVID-19 demand contributed sales of approximately $4.4 million in 1Q22 Traditional industrial economic growth strengthening as COVID-19 related sales decline; international markets continue to outpace domestic growth High Performance Wear, Fire and Woven product lines in 1Q22 increase over 1Q21 when PPE demand initially shifted to Disposables (and Chemical) garments for COVID-19 Gross profit for 1Q22 of $14.4 million, compared with $22.1 million in 1Q21 Gross margin as a percentage of net sales in 1Q22 was 42.2%, compared to 48.6% in 1Q21 Operating expenses of $8.1 million in 1Q22, down from $9.8 million in 1Q21 and $8.8 million in 4Q21 Operating profit of $6.2 million in 1Q22, compared with $12.4 million in 1Q21 Net income of $4.6 million or $0.58/$0.57 per basic/diluted common share in 1Q22, from $8.6 million or $1.08/$1.07 per basic/diluted common share in 1Q21 Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $7.1 million in 1Q22, compared with $12.9 million in 1Q21 Capital expenditures for 1Q22 of $0.1 million, down from $0.2 million in 1Q21 Solid current ratio of 7.8:1 at 4/30/21 No shares were acquired in 1Q22 as part of the Company's $5.0 million stock repurchase program Performance Bolstered by Sustainable Improvements Investments in digital transformation: ERP, CRM and IT systems Operating leverage opportunities through fixed and variable cost benefits Improved working capital and cash management Growth Strategy Advancements Cash of $60.3 million at 4/30/21, up by $7.7 million or 15% from beginning of fiscal year No debt at end of first quarter with up to $17.5 million available under credit facilities Filled newly created position for VP of Corporate Development Investments in IT and capacity expansion provide fixed cost absorption and margin enhancement opportunities * EBITDA and Adjusted EBITDA are non-GAAP financial measures.

Lakeland Industries, Inc. Reports Fiscal 2022 First Quarter Financial Results

DECATUR, AL / ACCESSWIRE / June 3, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2022 first quarter ended April 30, 2021, on Wednesday, June 9, 2021, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries to Report Fiscal 2022 First Quarter Financial Results and Conduct Conference Call

DECATUR, AL / ACCESSWIRE / May 26, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that Joshua Sletten has been appointed Vice President of Corporate Development. In this newly created position, Josh will lead the Company's mergers and acquisitions (M&A) strategy and manage the M&A process from identification of growth opportunities, to due diligence and through business integration and synergistic optimization.

Lakeland Industries Appoints Joshua Sletten to Newly Created Corporate Development Post

DECATUR, AL / ACCESSWIRE / April 27, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that its management is scheduled to participate in upcoming virtual investor conferences.     Event: Oppenheimer 16th Annual Industrial Growth Conference Date: Tuesday, May 4, 2021 Meeting Times: 9:00 a.m.

Lakeland Industries to Participate in Upcoming Virtual Investor Events in May 2021

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Lakeland Industries is a leading manufacturer of specialty safety garments and personal protective equipment.

Lakeland Industries: More Than Just A COVID PPE Winner

Lakeland Industries, Inc. (LAKE) CEO Charles Roberson on Q4 2021 Results - Earnings Call Transcript

Lakeland Industries (LAKE) delivered earnings and revenue surprises of 31.94% and 3.20%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Industries (LAKE) Q4 Earnings and Revenues Beat Estimates

- Annual Revenues Increase for Fourth Consecutive Year as Fiscal 2021 Sales Reach Record $159 Million, Up 47% from 2020, Primarily from COVID 19-Related Demand - Net Income for Fiscal 2021 Increases 970% Driven by Operating Leverage - Revenues from International Markets Continue to Outpace Domestic Growth - Performance Bolstered by Sustainable Improvements from: Technology Implementation Increased Market Penetration Inventory and Manufacturing Production Management Continuing SKU Rationalization - Cash Jumps $38 Million in Fiscal 2021, Ending Year at $52.6 Million with No Debt DECATUR, AL / ACCESSWIRE / April 15, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2021 fourth quarter and full year ended January 31, 2021. Fiscal 2021 Fourth Quarter Financial Results Highlights Net sales for 4Q21 of $36.9 million, up 31% as compared with 4Q20 of $28.2 million Gross profit for 4Q21 of $18.1 million, up 71% as compared with $10.6 million in 4Q20 Gross margin as a percentage of net sales in 4Q21 was 48.9%, compared to 37.7% in 4Q20 Operating expenses of $8.8 million in 4Q21, down from $8.9 million in 4Q20 Operating profit of $9.3 million in 4Q21, up 447% from $1.7 million in 4Q20 Net income of $7.9 million or $0.99 per basic common share in 4Q21, up from $1.2 million or $0.15 per basic common share in 4Q20 Earnings before interest, taxes, depreciation, and amortization (EBITDA)* of $10.3 million in 4Q21, up 348% from $2.3 million in 4Q20 Capital expenditures for 4Q21 of $0.4 million, up from $0.3 million in 4Q20 Fiscal 2021 Full Year Financial Results Highlights Net sales for fiscal 2021 of $159.0 million, up from $107.8 million in fiscal 2020 Fiscal 2021 sales include an estimated $48 million to $56 million (30% to 35%) of demand related to COVID 19, up from $1 million in fiscal 2020 Gross profit for fiscal 2021 of $79.3 million, as compared with $37.9 million in fiscal 2020 Gross margin as a percentage of net sales in fiscal 2021 was 49.8%, up from 35.2% in fiscal 2020 Operating expenses of $35.4 million in fiscal 2021, up from $32.0 million in fiscal 2020 Operating profit of $43.9 million in fiscal 2021, up from $5.9 million in fiscal 2020 Net income for fiscal 2021 of $35.1 million or $4.40/$4.31 per basic/diluted share compares with fiscal 2020 net income** of $3.3 million or $0.41 per basic/diluted share Adjusted EBITDA* of $47.5 million for fiscal 2021, up from $7.1 million in fiscal 2020 Capital expenditures for fiscal 2021 were $1.7 million, up from $1.0 million in fiscal 2020 Cash of $52.6 million at 1/31/21, up from $14.6 million at beginning of the fiscal year Current ratio improves to 8.0:1 at 1/31/21, up 26% from 1/31/20 No debt at 1/31/21, down from $1.2 million at beginning of fiscal year Stockholders' equity at the end of fiscal 2021 increased by $37.8 million or 44% to $122.9 million from $85.1 million at the beginning of fiscal year Operational Highlights Sustainable Improvement Initiatives Investments in digital transformation: ERP, CRM and IT systems Vietnam and India manufacturing capacity increased New product development targeting higher margin niche markets Improved working capital and cash management Leadership Team Strengthened Christopher J.

Lakeland Industries, Inc. Reports Fiscal 2021 Fourth Quarter and Year End Financial Results

Lakeland Industries (LAKE) Q4 results are likely to reflect gains from the demand for personal protective equipment and solid manufacturing capabilities. High costs are likely to have been dragging.

Lakeland Industries (LAKE) to Post Q4 Earnings: What to Expect?

Lakeland Industries (LAKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lakeland Industries (LAKE) Reports Next Week: Wall Street Expects Earnings Growth

DECATUR, AL / ACCESSWIRE / April 6, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2021 fourth quarter ended January 31, 2021, on Thursday, April 15, 2021, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D.

Lakeland Industries to Report Fiscal 2021 Fourth Quarter Financial Results and Conduct Conference Call

Lakeland Industries (LAKE) closed the most recent trading day at $30.60, moving -0.29% from the previous trading session.

Lakeland Industries (LAKE) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Lakeland Industries (LAKE) closed at $29.15, marking a +0.21% move from the previous day.

News for Lakeland Industries Stock (LAKE)