Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire. The company also 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 approximately 1,600 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. The company was incorporated in 1982 and is headquartered in Decatur, Alabama.
IPO Year: 1986
Exchange: NASDAQ
Website: lakeland.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/24/2024 | $22.00 | Buy | Maxim Group |
HUNTSVILLE, AL / ACCESSWIRE / November 21, 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, will host a conference call on Thursday, December 5, 2024, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal year 2025 third quarter ended October 31, 2024. A press release detailing these results will be issued prior to the call.Lakeland President, Chief Executive Officer and Executive Chairman Jim Jenkins, and Chief Financial Officer Roger Shannon will host the conference call, followed by a questio
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.About Lakeland Industries, Inc.We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally
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. The campaign will highlight how Lakeland is
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 FireRebranding 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 HighlightsNet sales of $38.5 million, up $5.4 million, or 16.5%, year-over-yearOrganic revenue(1) exc
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. eastern, and will be available on the Investor Relations page of the Company's website.The conference call will be hosted by Jim Jenkins, President and Chief Executive Officer and Exe
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. Shannon will participate in a fireside chat hosted by Scott Weis of Semco Capital and be available for questions.The Annual CEO Networking Even
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.Laurel Yartz brings over 30 years of experience in global Human Resources leadership,
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.About Lakeland Industries, Inc.We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally by our
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. The Company has no immediate plans to offer or sell any securities under this Shelf Registration to the public. However, the Compa
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
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Maxim Group initiated coverage of Lakeland Industries with a rating of Buy and set a new price target of $22.00
Roth Capital reiterated coverage of Lakeland Industries with a rating of Buy and set a new price target of $35.00 from $28.00 previously
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HUNTSVILLE, AL / ACCESSWIRE / November 21, 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, will host a conference call on Thursday, December 5, 2024, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal year 2025 third quarter ended October 31, 2024. A press release detailing these results will be issued prior to the call.Lakeland President, Chief Executive Officer and Executive Chairman Jim Jenkins, and Chief Financial Officer Roger Shannon will host the conference call, followed by a questio
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.About Lakeland Industries, Inc.We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally
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. The campaign will highlight how Lakeland is
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 FireRebranding 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 HighlightsNet sales of $38.5 million, up $5.4 million, or 16.5%, year-over-yearOrganic revenue(1) exc
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. eastern, and will be available on the Investor Relations page of the Company's website.The conference call will be hosted by Jim Jenkins, President and Chief Executive Officer and Exe
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.About Lakeland Industries, Inc.We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally by our
Updated Webcast LinkHUNTSVILLE, 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 CallThe Company will host a conference call and live webcast on Wednesday, June 5, 2024 at 12:00 p.m. Eastern to discuss its fiscal 2025 first quarter financial results. Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, av
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 FireRaising FY25 Revenue and Adjusted EBITDA GuidanceHUNTSVILLE, 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 HighlightsNet sales of $36.3 million, up $7.6 million, or 27%, year-over-yearOrganic revenue(1), excluding Jolly and Pac
HUNTSVILLE, AL / ACCESSWIRE / May 22, 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 first quarter ended April 30, 2024, on Tuesday, June 4, 2024, after the closing of the stock market. The conference call and live webcast will be held on Wednesday, June 5, 2024, at 12:00 p.m. eastern, and will be available on the Investor Relations page of the Company's website.The conference call will be hosted by Jim Jenkins, President and Chief Executive Officer and Executive Chairma
HUNTSVILLE, AL / ACCESSWIRE / May 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 second quarter of 2025 of $0.03 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of May 15, 2024.About Lakeland Industries, Inc.We manufacture and sell a comprehensive line of industrial protective clothing and accessories for the industrial and public protective clothing market. Our products are sold globally by our in-house
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Goldman Sachs Group, Inc. (NYSE:GS) to report quarterly earnings at $8.34 per share on revenue of $12.46 billion before the opening bell, according to data from Benzinga Pro. Goldman Sachs shares gained 0.1% to close at $479.88 on Friday. The J. M. Smucker Company (NYSE:SJM) raised its quarterly dividend from $1.06 to $1.08 per share. Smucker shares rose 0.02% to $113.18 in the after-hours trading session. Analysts are expecting BlackRock, Inc. (NYSE:BLK) to post quarterly earnings at $9.95 per share on revenue of $4.85 billion
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. The Company has no immediate plans to offer or sell any securities under this Shelf Registration to the public. However, the Company felt it was prudent to include this optiona
Roth MKM analyst Gerry Sweeney maintains Lakeland Industries (NASDAQ:LAKE) with a Buy and raises the price target from $25 to $27.
Maxim Group analyst Matthew Galinko maintains Lakeland Industries (NASDAQ:LAKE) with a Buy and raises the price target from $22 to $26.
Gainers Stitch Fix (NASDAQ:SFIX) stock rose 20.2% to $3.21 during Wednesday's pre-market session. The market value of their outstanding shares is at $385.7 million. As per the news, the Q3 earnings report came out yesterday. Hanesbrands (NYSE:HBI) stock rose 10.69% to $5.59. The company's market cap stands at $1.9 billion. Dream Finders Homes (NYSE:DFH) shares rose 9.36% to $28.97. The market value of their outstanding shares is at $2.7 billion. Lakeland Industries (NASDAQ:LAKE) stock increased by 7.74% to $20.31. The company's market cap stands at $149.8 million. As per the press release, Q1 earnings came out yesterday. Yoshiharu Global (NASDAQ:YOSH) stock moved upwards by 7.11% to $4.
This Revenue expectation includes the recently announced Jolly Scarpe and Pacific Helmets acquisitions but does not include the LHD fire and rescue business, which it expects to close in June 2024.
Lakeland Industries (NASDAQ:LAKE) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.38 by 42.11 percent. This is a 22.22 percent increase over earnings of $0.18 per share from the same period last year. The company reported quarterly sales of $36.309 million which beat the analyst consensus estimate of $32.450 million by 11.89 percent. This is a 26.51 percent increase over sales of $28.700 million the same period last year.
He had held the role of Executive Chairman of Lakeland since August 2023 and previously held the position of Acting CEO since February 1, 2024, stepping into this role following the departure of Charles D. Roberson, the company's previous CEO. Before this, he served as the Chairman of the Board from February 1, 2023, through August 2023 and as a director since 2016 and from 2012 to 2015.
Maxim Group analyst Matthew Galinko initiates coverage on Lakeland Industries (NASDAQ:LAKE) with a Buy rating and announces Price Target of $22.
Lakeland Industries Inc (NASDAQ:LAKE) reported fourth-quarter FY24 sales growth of 7.7% year-on-year to $31.20 million, missing the analyst consensus estimate of $32.50 million. Gross profit was $11.2 million for the quarter, an increase of 3.2% Y/Y. Gross margin compressed to 35.9% from 37.5% last year. Excluding a one-time charge for inventory right-sizing, the gross margin would have been 44.6%. Lakeland reported an operating loss of ($3.3) million compared to a profit of $0.1 million last year. Adjusted EBITDA excluding FX losses was $3.4 million compared to $1.9 million last year with a margin of 11.0% compared to 6.7% last year. EPS of $(0.13) missed the analyst consensus e
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.Laurel Yartz brings over 30 years of experience in global Human Resources leadership,
Barry Phillips joins as Senior Vice President of Global SalesCameron Stokes appointed Vice President of Global Industrial SalesHUNTSVILLE, AL / ACCESSWIRE / June 17, 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 two sales distinguished professionals to its executive and senior leadership teams. Barry Phillips joins as Senior Vice President of Global Sales, and Cameron Stokes assumes the newly created role of Vice President of Global Industrial Sales.Barry Phillips brings over 37 years of ex
As the new CEO, James M. Jenkins will leverage Lakeland's strong competitive advantages to deliver improved results and sustainable growth for shareholders.This continuity in leadership ensures a smooth transition and maintains the Company's strategic direction.Mr. Jenkins will remain Executive Chairman, and Tom McAteer Lead Independent DirectorHUNTSVILLE, AL / ACCESSWIRE / May 20, 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 the appointment of James "Jim" M. Jenkins as its new President and Chief Executive
Allen Dillard to RetireHelena An promoted to Chief Operating OfficerHUNTSVILLE, 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. Dillard will serve as a consultant to Lakeland under a Transitional Services Agreement until completion of the Company's 10-K filing. Mr. Dillard has been an integral part of Lakeland's executive leadership team and has contributed significantly to the Company's growth and success. The Company thank
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. Mr. Shannon will succeed Allen E. Dillard, who has served as the Company's Chief Financial Officer since August 12, 2019. Mr. Dillard will continue as the Company's Chief Operating Officer, a role he has held since 2021, and will have a more dedicated focus on the expansion of the Company's strategic production capabi
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.Charles D. Roberson, President and Chief Executive Officer of Lakeland Industries, said, "Lakelan
DECATUR, AL / ACCESSWIRE / February 24, 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 the appointment of investment industry veteran Nikki Hamblin to its Board of Directors (the "Board"). The appointment increases the number of directors to seven, five of whom are independent. Christopher J. Ryan, Executive Chairman of Lakeland Industries, commented, "We are pleased to have Nikki join our Board to enhance our sound governance and solid succession planning. Her appointment and the increased size of our Bo
Steven L. Harvey, a Data-driven Multinational Sales Veteran, Appointed as Company's First Executive to Lead Coordinated Global Sales, Marketing and Customer Service Strategy DECATUR, AL / ACCESSWIRE / January 5, 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 the appointment of Steven L. Harvey to the newly created position of Executive Vice President for Global Sales and Marketing, effective January 4, 2021. Mr. Harvey is a proven sales leader with over 25 years of progressive executive responsibility foc