Lakeland IndustriesNASDAQ: LAKE

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.

Stock Symbol: AEM (NYSE and TSX) (All amounts expressed in U.S. dollars unless otherwise noted) Toronto , June 19, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on the Detour Lake mine, located in Ontario. The Company has recently completed an updated mineral reserve and mineral resource estimate ("MRMR") and an updated life of mine plan (the "2024 Life Of Mine Plan" or the "2024 LOMP") for its Detour Lake mine as at March 31, 2024.

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 (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.

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.

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At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also closely monitor current value, growth, and momentum trends to highlight strong selections.

Lakeland's fiscal fourth-quarter 2024 performance was boosted by increased sales in various global regions, but was impacted negatively by a one-time charge of $2.7 million.

Lakeland Industries, Inc. held its Q4 2023 Earnings Call on April 11, 2024 at 12:00 PM ET. Present at the call were Jim Jenkins, Acting President, CEO, and Executive Chairman, and Roger Shannon, CFO. The conference call was open for questions and comments after the presentation.