Welcome to our dedicated page for Lakeland Inds news (Ticker: LAKE), a resource for investors and traders seeking the latest updates and insights on Lakeland Inds stock.
Lakeland Industries (LAKE) delivers essential protective solutions for industrial and emergency response sectors worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and market strategies.
Access curated press releases and analysis covering earnings reports, strategic acquisitions, safety certifications, and new product launches. Our repository simplifies tracking LAKE's expansion in chemical-resistant apparel, fire service gear, and technical textiles across global markets.
Discover updates on manufacturing advancements, distribution partnerships, and R&D initiatives that maintain Lakeland's position as an industrial safety leader. Content is organized for quick scanning while maintaining depth for fundamental analysis.
Bookmark this page for consolidated access to verified information about LAKE's operational milestones. Check regularly for updates reflecting the company's commitment to quality protective clothing solutions across healthcare, petrochemical, and government sectors.
Lakeland Industries (NASDAQ: LAKE) reported record Q4 FY2025 results with net sales increasing 49% to $46.6 million, driven by a 226% surge in Fire Services products. The company's full-year net sales grew 34% to $167.2 million.
Q4 highlights include gross profit rising 67% to $18.7 million and Adjusted EBITDA excluding FX reaching $6.1 million. However, Q4 net income declined to ($18.4) million due to non-cash goodwill impairments and equity investment write-off.
The company has implemented tariff mitigation measures, including inventory buildup and production shifts between US, Mexico, Vietnam, and China facilities. Lakeland introduced FY2026 guidance with revenue projected between $210-220 million and Adjusted EBITDA excluding FX of $24-29 million.
Notable developments include the completion of Veridian acquisition, expanding Lakeland's fire services portfolio, and closing a $46.0 million public offering of common stock.
Lakeland Industries (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, has scheduled its fiscal fourth quarter and full year 2025 financial results conference call for Wednesday, April 9, 2025, at 4:30 p.m. Eastern Time.
The conference call will be led by President, CEO and Executive Chairman Jim Jenkins, and CFO Roger Shannon, featuring a presentation and Q&A session. The company will release detailed financial results prior to the call. The presentation will be accessible through the company's investor relations website and during the webcast.
A telephone replay will be available approximately three hours after the call until July 9, 2025, accessible via U.S. number 1-844-512-2921 or international number 1-412-317-6671 with pin 13752639.
Lakeland Industries (NASDAQ: LAKE), a leading manufacturer of protective clothing, announced its participation in the 37th Annual Roth Conference from March 16-18, 2025, at The Laguna Cliffs Marriott Resort & Spa in Dana Point, CA.
CEO Jim Jenkins and CFO Roger Shannon will engage in multiple events including:
- A panel discussion on personal protection equipment trends (March 17, 9:00 AM PT)
- A fireside chat with webcast availability (March 18, 9:30 AM PT)
- One-on-one meetings with institutional investors
Management will discuss their growth strategies, recent $46.0 million oversubscribed public offering, and four accretive acquisitions that expanded product lines and global market presence. The company will showcase their 'head-to-toe' protective offerings, including structural and wildland fire turnout gear, boots, gloves, and helmets.
Lakeland Industries (NASDAQ: LAKE), a global manufacturer of protective clothing, announced its participation in the Oppenheimer 10th Annual Emerging Growth Conference, scheduled for February 25-26, 2025. The virtual event will feature CEO Jim Jenkins and CFO Roger Shannon hosting one-on-one meetings with institutional investors on February 25.
Management will discuss the company's growth strategies, including their recent $46.0 million oversubscribed public offering and four accretive acquisitions that have expanded their product lines, global markets, channels, and customer base. These acquisitions have added innovative new products and extended their market reach.
Interested parties can schedule meetings with Lakeland management through their conference representative or by contacting LAKE@mzgroup.us.
Lakeland Fire + Safety (NASDAQ: LAKE) has completed a transformative fiscal year 2025, marked by four strategic acquisitions in the fire protection sector. The company successfully raised $46.0 million through an oversubscribed public equity offering, strengthening its balance sheet and enabling debt repayment that will save approximately $2.5 million annually in interest.
Key acquisitions include Pacific Helmets NZ (helmets), Jolly Scarp (professional footwear), LHD Group Deutschland (turnout gear and decontamination services), and Veridian (protective apparel). These acquisitions expand Lakeland's global presence across North America, Europe, Asia, Oceania, LATAM, and the Middle East.
The company has also strengthened its management team with new executives, including Barry Phillips as Chief Revenue Officer and Cameron Stokes as Chief Commercial Officer, Global Industrial, to drive sales initiatives and market expansion in the $2.0 billion fire protection sector.
Lakeland Industries (NASDAQ: LAKE) announced its subsidiary Lakeland LHD has secured a contract renewal with Fire and Emergency New Zealand (FENZ) for up to 12 years. The initial contract period is five years, with extension provisions up to twelve years. The agreement covers the supply of KIWI 2.0 L2 structural fire ensembles, including fitment, delivery, decontamination services, and logistics management for protective gear.
The contract encompasses an estimated 1,600 to 2,000 ensembles annually and extends a 22-year relationship with FENZ, which oversees more than 650 stations and serves approximately 2,000 paid and 12,000 volunteer firefighters across New Zealand. The decontamination service focuses on removing harmful carcinogens to enhance firefighter safety.
Lakeland Industries (NASDAQ: LAKE), a global manufacturer of protective clothing and apparel, has announced a quarterly cash dividend declaration. The company's Board of Directors has approved a dividend of $0.03 per share for its fiscal first quarter of 2026. The dividend will be distributed on February 24, 2025, to shareholders who are recorded as stockholders as of February 17, 2025.
Lakeland Industries (NASDAQ:LAKE) has been awarded contract EE 11-24 through the Houston-Galveston Area Council (H-GAC) Board, enabling over 9,000 local government entities across the United States to access Lakeland's firefighter protective gear through the HGACBuy Program. The program provides a streamlined procurement process with competitive, volume-based pricing.
The contract strengthens Lakeland's position as a supplier of critical equipment for first responders, offering emergency medical, fire safety, and rescue equipment. The company's portfolio includes chemical protective clothing, high-performance Flame Resistant workwear, and critical environments protective apparel, designed for firefighters, emergency responders, and industrial workers in hazardous environments.
Lakeland Fire + Safety (NASDAQ:LAKE) has successfully closed its previously announced public offering, selling 2,093,000 shares of common stock at $22.00 per share, including the full exercise of the underwriter's option for 273,000 additional shares. The offering generated approximately $46.0 million in gross proceeds before deducting underwriting costs and expenses.
The offering attracted participation from new and existing institutional investors, company management, and board members. Roth Capital Partners served as the sole book-running manager, with Lake Street Capital Markets and Maxim Group as co-managers. D.A. Davidson & Co. acted as financial advisor.
The company plans to use the net proceeds to repay certain debt, support operations, and fuel business growth, including working capital and general corporate purposes.
Lakeland Industries (NASDAQ:LAKE) has announced the pricing of its underwritten public offering of 1,820,000 shares of common stock at $22.00 per share, expecting to raise approximately $40.0 million in gross proceeds. The company has granted underwriters a 45-day option to purchase up to 273,000 additional shares to cover over-allotments.
The offering is expected to close on January 24, 2025. Roth Capital Partners is acting as sole book-running manager, with Lake Street Capital Markets and Maxim Group as co-managers. Lakeland plans to use the net proceeds for debt repayment, operations growth, working capital, and general corporate purposes.
