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.

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HUNTSVILLE, AL / ACCESSWIRE / August 28, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2024 second quarter ended July 31, 2023, on Wednesday, September 6, 2023, after the closing of the stock market. The conference call and live webcast will be held on Thursday, September 7, 2023 at 8:30 a.m.

Lakeland Industries to Report Fiscal 2024 Second Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / August 21, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that Charlie Roberson, President and Chief Executive Officer, and Roger Shannon, Chief Financial Officer, will present at the Midwest IDEAS Investor Conference on Thursday, August 24, 2023 at The Gwen in Chicago, IL. The presentation will begin at 1:20 pm CT on Thursday, August 24, 2023, and can be accessed live here: https://wsw.com/webcast/threepa41/lake/2183670.

Lakeland Industries to Present and Host 1x1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 24th in Chicago, IL

HUNTSVILLE, AL / ACCESSWIRE / August 1, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state, and local levels, today announced that its Board of Directors declared a cash dividend for its fiscal third quarter of 2024 of $0.03 per share. The dividend will be paid on August 22, 2023, to stockholders of record as of August 15, 2023.

Lakeland Industries Declares Cash Dividend for Third Quarter 2024

Lakeland Industries (LAKE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Lakeland Industries (LAKE) Upgraded to Strong Buy: Here's What You Should Know

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Lakeland Industries (LAKE) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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Lakeland Industries' sales are stabilizing after a coronavirus-related boost. The share price has dropped 73% from all-time highs due to inflationary pressures, weakening demand, and recession fears. The company has a strong balance sheet, is modernizing manufacturing processes, and has recently made a major acquisition, making it an attractive investment opportunity.

Lakeland Industries: Strong Balance Sheet Should Help Navigate Current And Potential Headwinds

Lakeland Industries, Inc. (NASDAQ:LAKE ) Q1 2024 Earnings Conference Call June 8, 2023 8:30 AM ET Company Participants Charlie Roberson - Chief Executive Officer Roger Shannon - Chief Financial Officer Conference Call Participants Alex Fuhrman - Craig-Hallum Capital Group Operator Good day, and welcome to the Lakeland Industries Fiscal 2024 First Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode.

Lakeland Industries, Inc. (LAKE) Q1 2024 Earnings Call Transcript

Net sales of $28.7 million and gross margin of 43.4% Strong growth in high-value, strategic product lines, led by 103% increase in Fire HUNTSVILLE, AL / ACCESSWIRE / June 7, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2024 first quarter ended April 30, 2023. Fiscal 2024 First Quarter Financial Results Highlights Net sales of $28.7 million, up 5.2% year-over-year Gross margin of 43.4%, compared to 40.5% in the prior year period Net income of $1.3 million or $0.18 per basic common share in 1Q24 Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $2.8 million in 1Q24, compared to $2.3 million in 1Q23 *Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures.

Lakeland Industries, Inc. Reports Fiscal 2024 First Quarter Financial Results

HUNTSVILLE, AL / ACCESSWIRE / May 25, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2024 first quarter ended April 30, 2023, on Wednesday, June 7, 2023, after the closing of the stock market. The conference call and live webcast will be held on Thursday, June 8, 2023 at 8:30 a.m.

Lakeland Industries to Report Fiscal 2024 First Quarter Financial Results and Conduct Conference Call

HUNTSVILLE, AL / ACCESSWIRE / May 1, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state, and local levels, today announced that its Board of Directors declared a cash dividend for its fiscal second quarter of 2024 of $0.03 per share. The dividend will be paid on May 22, 2023, to stockholders of record as of May 15, 2023.

Lakeland Industries Declares Cash Dividend for Second Quarter 2024

Fiscal 2023 net sales of $112.8 million and gross margin of 40.6% Expects continued momentum and growth in fiscal 2024 HUNTSVILLE, AL / ACCESSWIRE / April 13, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2023 fourth quarter and full year ended January 31, 2023. Fiscal 2023 Fourth Quarter Financial Results Highlights Net sales for the fourth quarter of fiscal year 2023 were $29.0 million, an increase of $2.2 million from the net sales of $26.8 million for the fourth quarter of fiscal year 2022.

Lakeland Industries, Inc. Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results

Allen Dillard to Retire Helena An promoted to Chief Operating Officer HUNTSVILLE, AL / ACCESSWIRE / April 10, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders, today announced the retirement of Allen E. Dillard as Chief Operating Officer, effective immediately, however Mr.

Lakeland Industries Announces Management Changes

HUNTSVILLE, AL / ACCESSWIRE / March 30, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2023 fourth quarter and full year ended January 31, 2023, on Thursday, April 13, 2023, 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 Charlie Roberson, President and Chief Executive Officer, and Roger Shannon, Chief Financial Officer.

Lakeland Industries to Report Fiscal 2023 Fourth Quarter Financial Results and Conduct Conference Call

In a previous article, I considered LAKE a good, profitable company, but also that it competed in a difficult market and that its growth prospects were slim. My model of the company's profitability is maintained, but gross margins may fall because of costs embedded in accumulating inventories.

Lakeland Industries: Inventories Loom Over Margins And Profitability

HUNTSVILLE, AL / ACCESSWIRE / March 20, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that Charlie Roberson, President and Chief Executive Officer, and Roger Shannon, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti Small-Cap Conference, taking place on March 22-23, 2023. The presentation will begin at 10:45 am ET on Thursday, March 23, 2023, and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_FuZF23v2Re6Xzv8WWmlg9A.

Lakeland Industries, Inc. to Attend Sidoti Virtual Investor Conference March 22-23

HUNTSVILLE, AL / ACCESSWIRE / March 8, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that Charlie Roberson, President and Chief Executive Officer, Roger Shannon, Chief Financial Officer, and Allen Dillard, Chief Operating Officer, will be participating in the upcoming 35th Annual Roth Conference, taking place on March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, California. This conference, one of the largest of its kind in the U.S, is designed to provide investors with a unique opportunity to gain insight into emerging growth companies across a variety of sectors.

Lakeland Industries, Inc. to Attend 35th Annual Roth Conference March 12-14

HUNTSVILLE, AL / ACCESSWIRE / February 2, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced the appointment of Roger D. Shannon as the Company's Chief Financial Officer effective, February 1, 2023.

Lakeland Industries Announces CFO Transition

HUNTSVILLE, AL / ACCESSWIRE / February 1, 2023 /Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state, and local levels, today announced that its Board of Directors has declared a quarterly cash dividend as part of the initiation of a recurring quarterly dividend program. The initial quarterly dividend of $0.03 per share will be paid on February 22, 2023, to stockholders of record as of February 15, 2023.

Lakeland Industries Announces the Initiation of a Quarterly Dividend Program

Lakeland Industries is a company that offers the production and sale of security products for industries and retail customers. Management expects EBITDA margin increases and FCF generation thanks to the company's completion of investments in Vietnam and Mexico.

Lakeland's Investments Could Drive Sales And FCF Growth

Transcat

HUNTSVILLE, AL / ACCESSWIRE / January 26, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, announced today that Christopher J. Ryan, Executive Chairman of the Board, has announced his retirement as an employee of Lakeland Industries, Inc. and will step down from his role as Executive Chairman, effective January 31, 2023.

Lakeland Industries Finalizes Previously Announced Board Transition

Lakeland Industries, Inc. (NASDAQ:LAKE ) Q3 2023 Earnings Conference Call December 8, 2022 4:30 PM ET Company Representatives Charlie Roberson - Chief Executive Officer Allen Dillard - Chief Operating and Financial Officer Conference Call Participants Alex Furman - Craig Hallum Operator Good day, and welcome to the Lakeland Industries Fiscal 2023 Third Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be opened for your questions and comments following the presentation.

Lakeland Industries, Inc. (LAKE) Q3 2023 Earnings Call Transcript

Lakeland Industries (LAKE) delivered earnings and revenue surprises of -26.92% and 2.45%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Lakeland Industries (LAKE) Misses Q3 Earnings and Revenue Estimates

Net sales of $28.4 million and gross margin of 43.3% HUNTSVILLE, AL / ACCESSWIRE / December 8, 2022 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2023 third quarter ended October 31, 2022. Fiscal 2023 Third Quarter Financial Results Highlights Net sales of $28.4 million, up 0.7% sequentially Gross margin was 43.3%, above the Company's long-term target threshold of 40% and up from 41.3% in 2Q23 Net income of $1.4 million or $0.19 per basic common share in 3Q23 Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $3.0 million in 3Q23, compared to $2.5 million in 2Q23 Completed $2.3 million of share repurchases during the quarter and announced new $5 million share repurchase program subsequent to quarter end Currency headwinds of $1.6 million, due primarily to fluctuation in the Chinese yuan and Argentine peso Completed acquisition of Eagle Technical Products subsequent to quarter end, enhancing Lakeland's product portfolio and sales channels "We are pleased to have delivered another quarter of sequential revenue improvement, driven primarily by volume growth, and strong profitability with a gross margin of over 43%," said Charles D.

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