Profile
Sector:
Consumer CyclicalIndustry:
Apparel ManufacturingCountry:
United StatesIPO:
09 September 1986Website:
http://www.lakeland.comNext earnings report:
06 December 2024Last dividends:
15 November 2024Next dividends:
N/APrice
after hours | Wed, 20 Nov 2024 22:08:04 GMTAnalysts recommendations
Institutional Ownership
LAKE Latest News
HUNTSVILLE, AL / ACCESSWIRE / November 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 fourth quarter of 2025 of $0.03 per share. The dividend will be paid on November 22, 2024, to stockholders of record as of November 15, 2024.
HUNTSVILLE, AL / ACCESSWIRE / October 16, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Lakeland management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community.
Stock Symbol: AEM (NYSE and TSX) TORONTO, Sept. 20, 2024 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") today announced that it has filed an updated technical report for the Detour Lake mine in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Lakeland posted negative 2Q25 results with organic sales decline and increased SG&A, leading to operational losses and a 20% stock price drop. Despite acquisition-driven revenue growth, organic sales fell due to distributor transition and shipment delays, with gross margins contracting and SG&A rising 60% YoY. Management maintained guidance, citing transitory issues, but the company now has net debt and faces challenges in proving sustainable organic growth and margin improvement.
Lakeland Industries, Inc. (NASDAQ:LAKE ) Q2 2025 Earnings Conference Call September 5, 2024 12:00 PM ET Company Participants Jim Jenkins - President, CEO and Executive Chairman Roger Shannon - CFO Conference Call Participants Gerry Sweeney - ROTH Capital Matthew Galinko - Maxim Group Operator Good day. And welcome to the Lakeland Industries' Fiscal 2025 Second Quarter Financial Results Conference Call.
Net sales of $38.5 million and gross margin of 39.6% Continued strong growth in high-value, strategic product lines, led by a 34% increase in Fire Rebranding and Launch of Lakeland Fire + Safety HUNTSVILLE, AL / ACCESSWIRE / September 4, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2025 second quarter ended July 31, 2024. Fiscal 2025 Second Quarter Financial Results Highlights Net sales of $38.5 million, up $5.4 million, or 16.5%, year-over-year Organic revenue(1) excluding LHD, Jolly, and Pacific Helmets acquisitions, of $32.2 million, a decrease of $0.9 million, or 2.8%, year-over-year Fire services business, a key strategic growth focus for the Company, grew over 33.5% versus the same period last year Gross margin of 39.6% and organic gross margin of 43.4%, compared to a gross margin of 42.9% in the prior year period Net loss of ($1.4 million) or ($0.19) per basic common share in Q2-FY25 versus net income of $2.5 million or $0.33 per basic common share last year Adjusted earnings before interest, taxes, depreciation, amortization and excluding FX (Adjusted EBITDA excluding FX)(2) of $2.7 million in Q2-FY25, compared to $4.7 million in Q2-FY24 LHD, Jolly and Pacific Helmets revenue of $1.5 million, $2.9 million and $1.9 million, respectively (1)Organic revenue and organic gross margin are total revenue and total gross margin, each excluding the effects of recent acquisitions, which management uses to assess the growth of its legacy business.
Increasing demand for fire, chemical, wovens and disposables products is likely to aid Lakeland's (LAKE) second-quarter fiscal 2025 results.
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.
HUNTSVILLE, AL / ACCESSWIRE / August 21, 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, will release its financial results for the fiscal 2025 second quarter ended July 31, 2024, on Wednesday, September 4, 2024, after the closing of the stock market. The conference call and live webcast will be held on Thursday, September 5, 2024, at 12:00 p.m.
HUNTSVILLE, AL / ACCESSWIRE / August 14, 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 Jim Jenkins, CEO, President and Executive Chairman and Roger Shannon, Chief Financial Officer will attend the 4th Annual CEO Networking Event hosted by Semco Capital at the Wildfire Restaurant at 159 West Erie Street in Chicago on Thursday, August 15, 2024. Mr. Jenkins and Mr.
What type of business is Lakeland Industries?
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. Lakeland Industries, Inc. was incorporated in 1982 and is headquartered in Huntsville, Alabama.
What sector is Lakeland Industries in?
Lakeland Industries is in the Consumer Cyclical sector
What industry is Lakeland Industries in?
Lakeland Industries is in the Apparel Manufacturing industry
What country is Lakeland Industries from?
Lakeland Industries is headquartered in United States
When did Lakeland Industries go public?
Lakeland Industries initial public offering (IPO) was on 09 September 1986
What is Lakeland Industries website?
https://www.lakeland.com
Is Lakeland Industries in the S&P 500?
No, Lakeland Industries is not included in the S&P 500 index
Is Lakeland Industries in the NASDAQ 100?
No, Lakeland Industries is not included in the NASDAQ 100 index
Is Lakeland Industries in the Dow Jones?
No, Lakeland Industries is not included in the Dow Jones index
When was Lakeland Industries the previous earnings report?
No data
When does Lakeland Industries earnings report?
The next expected earnings date for Lakeland Industries is 06 December 2024