Lakeland Industries Inc. (LAKE)
Lakeland Industries (LAKE) is on the Move, Here's Why the Trend Could be Sustainable
Lakeland Industries (LAKE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Are Investors Undervaluing Lakeland Industries (LAKE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Lakeland Industries Announces the Appointment of Laurel Yartz as Chief Human Resources Officer
HUNTSVILLE, AL / ACCESSWIRE / August 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective apparel for industry, healthcare and first responders on the federal, state and local levels, today announced the appointment of Laurel Yartz as Chief Human Resources Officer. This newly created position underscores Lakeland's commitment to enhancing its human capital strategies and driving organizational excellence as it continues to expand its fire services, industrial and safety products globally through organic growth and strategic acquisitions.
Lakeland Industries Declares Cash Dividend for Third Quarter 2025
HUNTSVILLE, AL / ACCESSWIRE / August 1, 2024 / 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 2025 of $0.03 per share. The dividend will be paid on August 22, 2024, to stockholders of record as of August 15, 2024.
Lakeland Industries Announces Filing of S-3 Shelf Registration Statement
HUNTSVILLE, AL / ACCESSWIRE / July 12, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, announced today that it has filed a shelf registration statement on Form S-3 (the "Shelf Registration") with the Securities and Exchange Commission (the "SEC"). The Shelf Registration permits the Company to offer and sell its common stock, preferred stock, debt securities, warrants, rights and units, from time to time, subject to market conditions and the Company's capital needs.
Lakeland Industries Completes Acquisition of LHD Group
Strategic Acquisition Enhances Lakeland's Global Presence and Fire Service Offering HUNTSVILLE, AL / ACCESSWIRE / July 1, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, announced today the successful completion of its acquisition of the fire and rescue business of LHD Group Deutschland GmbH and its subsidiaries in Hong Kong and Australia (collectively, "LHD") in an all-cash transaction valued at approximately $16.3 million subject to post-closing adjustments and customary holdback provisions. LHD is a leading provider of firefighter turnout gear, accessories, and personal protective equipment cleaning, repair, and maintenance, with an annual revenue of approximately $27 million.
Should Value Investors Buy Lakeland Industries (LAKE) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Recent Price Trend in Lakeland Industries (LAKE) is Your Friend, Here's Why
If you are looking for stocks that are well positioned to maintain their recent uptrend, Lakeland Industries (LAKE) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Lakeland Industries, Inc. (LAKE) Q1 2025 Earnings Call Transcript
Lakeland Industries, Inc. (NASDAQ:LAKE ) Q1 2025 Results Conference Call June 5, 2024 12:00 PM ET Company Participants Jim Jenkins - President and Chief Executive Officer Roger Shannon - Chief Financial Officer Conference Call Participants Gerry Sweeney - ROTH MKM Matthew Galinko - Maxim Group Operator Good day, and welcome to the Lakeland Industries Fiscal 2025 First Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation.
Lakeland Industries, Inc. Fiscal 2025 First Quarter Earnings Call
Updated Webcast Link HUNTSVILLE, AL / ACCESSWIRE / June 5, 2024 / 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 financial results for its fiscal 2025 first quarter ended April 30, 2024. Financial Results Conference Call The Company will host a conference call and live webcast on Wednesday, June 5, 2024 at 12:00 p.m.
Lakeland Industries (LAKE) Q1 Earnings Miss Estimates
Lakeland Industries (LAKE) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.18 per share a year ago.
Lakeland Industries, Inc. Reports Fiscal 2025 First Quarter Financial Results
Net sales of $36.3 million and gross margin of 44.6% Continued strong growth in high-value, strategic product lines, led by 92% increase in Fire Raising FY25 Revenue and Adjusted EBITDA Guidance HUNTSVILLE, AL / ACCESSWIRE / June 4, 2024 / 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 2025 first quarter ended April 30, 2024. Fiscal 2025 First Quarter Financial Results Highlights Net sales of $36.3 million, up $7.6 million, or 27%, year-over-year Organic revenue(1), excluding Jolly and Pacific Helmets acquisitions, of $32.4 million, an increase of $3.7 million, or 13%, year-over-year Fire services business, a key strategic growth focus for the Company, grew over 92% versus the same period last year Gross margin of 44.6%, compared to 43.4% in the prior year period Net income of $1.7 million or $0.22 per basic common share in Q1-FY25 versus $1.3 million or $0.18 per basic common share last year Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)(2) of $3.9 million in Q1-FY25, compared to $2.8 million in Q1-FY24 Jolly and Pacific Helmets revenue of $2.2 million and $1.7 million, respectively (1)Organic revenue is total revenue excluding the effects of recent acquisitions, which management uses to assess the growth of its legacy business.
