Lakeland Fire + Safety Added to Russell 3000® and Russell 2000® Indexes
Lakeland Fire + Safety (NASDAQ: LAKE), a global manufacturer of protective clothing and apparel, has announced its inclusion in the Russell 3000® and Russell 2000® Indexes effective June 27, 2025. The company has reported significant growth with a 29% increase in sales revenue, including a remarkable 100% increase in Fire Services revenue.
CEO Jim Jenkins highlighted the company's strategic progress, including four completed acquisitions in the last twelve months. The company continues to pursue M&A opportunities, particularly in fire suit rental, decontamination, and services business sectors, aiming to consolidate the fragmented fire market.
The Russell indexes, which are reconstituted annually, capture the 4,000 largest US stocks by market capitalization. These indexes serve as benchmarks for approximately $10.6 trillion in assets and are widely used by investment managers and institutional investors.
Lakeland Fire + Safety (NASDAQ: LAKE), produttore globale di abbigliamento protettivo, ha annunciato la sua inclusione negli indici Russell 3000® e Russell 2000® a partire dal 27 giugno 2025. L'azienda ha registrato una crescita significativa con un aumento del 29% del fatturato, inclusa una straordinaria crescita del 100% nel fatturato dei servizi antincendio.
Il CEO Jim Jenkins ha sottolineato i progressi strategici dell'azienda, tra cui quattro acquisizioni completate negli ultimi dodici mesi. L'azienda continua a perseguire opportunità di fusioni e acquisizioni, in particolare nei settori del noleggio di tute antincendio, decontaminazione e servizi, con l'obiettivo di consolidare il frammentato mercato antincendio.
Gli indici Russell, ricostituiti annualmente, comprendono le 4.000 maggiori azioni statunitensi per capitalizzazione di mercato. Questi indici fungono da benchmark per circa 10,6 trilioni di dollari in asset e sono ampiamente utilizzati da gestori di investimenti e investitori istituzionali.
Lakeland Fire + Safety (NASDAQ: LAKE), fabricante global de ropa y vestimenta protectora, ha anunciado su inclusión en los Índices Russell 3000® y Russell 2000® a partir del 27 de junio de 2025. La compañía ha reportado un crecimiento significativo con un aumento del 29% en ingresos por ventas, incluyendo un notable incremento del 100% en ingresos de Servicios contra Incendios.
El CEO Jim Jenkins destacó el progreso estratégico de la empresa, incluyendo cuatro adquisiciones completadas en los últimos doce meses. La compañía continúa buscando oportunidades de fusiones y adquisiciones, especialmente en los sectores de alquiler de trajes contra incendios, descontaminación y servicios, con el objetivo de consolidar el fragmentado mercado contra incendios.
Los índices Russell, que se reconstituyen anualmente, incluyen las 4,000 mayores acciones estadounidenses por capitalización de mercado. Estos índices sirven como referencia para aproximadamente 10.6 billones de dólares en activos y son ampliamente utilizados por gestores de inversiones e inversores institucionales.
Lakeland Fire + Safety (NASDAQ: LAKE)는 보호복 및 의류를 전 세계적으로 제조하는 회사로, 2025년 6월 27일부터 러셀 3000® 및 러셀 2000® 지수에 포함되었다고 발표했습니다. 회사는 매출이 29% 증가했으며, 특히 화재 서비스 매출이 100% 증가하는 놀라운 성과를 기록했습니다.
CEO 짐 젠킨스는 지난 12개월 동안 4건의 인수합병을 완료하는 등 회사의 전략적 진전을 강조했습니다. 회사는 화재복 임대, 오염 제거 및 서비스 사업 분야에서 인수합병 기회를 계속 모색하며 파편화된 화재 시장을 통합하는 것을 목표로 하고 있습니다.
러셀 지수는 매년 재구성되며 시가총액 기준으로 미국 최대 4,000개 주식을 포함합니다. 이 지수들은 약 10.6조 달러 규모의 자산에 대한 벤치마크 역할을 하며 투자 관리자와 기관 투자자들 사이에서 널리 사용됩니다.
Lakeland Fire + Safety (NASDAQ: LAKE), fabricant mondial de vêtements de protection, a annoncé son inclusion dans les indices Russell 3000® et Russell 2000® à compter du 27 juin 2025. L'entreprise a signalé une croissance significative avec une augmentation de 29 % du chiffre d'affaires, incluant une remarquable hausse de 100 % des revenus des services incendie.
Le PDG Jim Jenkins a souligné les progrès stratégiques de l'entreprise, notamment quatre acquisitions réalisées au cours des douze derniers mois. L'entreprise continue de rechercher des opportunités de fusions et acquisitions, notamment dans les secteurs de la location de combinaisons anti-feu, de la décontamination et des services, visant à consolider le marché fragmenté de la lutte contre l'incendie.
Les indices Russell, qui sont reconstitués chaque année, regroupent les 4 000 plus grandes actions américaines par capitalisation boursière. Ces indices servent de référence pour environ 10,6 billions de dollars d'actifs et sont largement utilisés par les gestionnaires d'investissements et les investisseurs institutionnels.
Lakeland Fire + Safety (NASDAQ: LAKE), ein weltweit tätiger Hersteller von Schutzkleidung, hat seine Aufnahme in die Russell 3000® und Russell 2000® Indizes mit Wirkung zum 27. Juni 2025 bekanntgegeben. Das Unternehmen verzeichnete ein deutliches Wachstum mit einem Umsatzanstieg von 29%, einschließlich eines bemerkenswerten 100%igen Anstiegs der Umsätze im Bereich Brandschutzdienstleistungen.
CEO Jim Jenkins hob die strategischen Fortschritte des Unternehmens hervor, darunter vier abgeschlossene Akquisitionen in den letzten zwölf Monaten. Das Unternehmen verfolgt weiterhin M&A-Möglichkeiten, insbesondere in den Bereichen Brandschutzanzugvermietung, Dekontamination und Dienstleistungen, mit dem Ziel, den fragmentierten Brandmarkt zu konsolidieren.
Die Russell-Indizes, die jährlich neu zusammengesetzt werden, erfassen die 4.000 größten US-Aktien nach Marktkapitalisierung. Diese Indizes dienen als Benchmark für rund 10,6 Billionen US-Dollar an Vermögenswerten und werden von Investmentmanagern und institutionellen Investoren weit verbreitet genutzt.
- Sales revenue growth of 29% overall
- Fire Services revenue increased by 100%
- Successfully completed four acquisitions in the last 12 months
- Inclusion in prestigious Russell 3000® and Russell 2000® Indexes
- Active M&A strategy to consolidate fragmented fire market
- None.
Insights
Lakeland's inclusion in Russell indexes boosts visibility to institutional investors, following strong revenue growth and strategic acquisitions.
Lakeland Fire + Safety's addition to the Russell 3000® and Russell 2000® indexes represents a significant milestone for the company's market visibility. This inclusion exposes Lakeland to approximately
The company's recent performance supports this index inclusion, with reported sales revenue growth of
For context, inclusion in these indexes is based on objective market capitalization rankings determined during FTSE Russell's annual reconstitution. The Russell 3000® captures the largest 3,000 U.S. public companies, while the Russell 2000® specifically tracks small-cap stocks.
Lakeland's strategic focus on consolidating the fragmented fire market through targeted M&A opportunities—particularly in fire suit rental, decontamination, and services—positions them to leverage this increased visibility. The company appears to be executing on its "head-to-toe" product portfolio expansion strategy, diversifying revenue streams while building scale in its core protective apparel business.
HUNTSVILLE, Ala., June 30, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that it has been added to the broad-market Russell 3000® Index and Russell 2000® Index effective after the U.S. market close on June 27, 2025, as part of FTSE Russell’s annual reconstitution.
“Our inclusion in the Russell Indexes is an important milestone and builds upon our recently reported sales revenue growth of
The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily based on objective, market capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, approximately
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by the London Stock Exchange Group.
For more information, visit FTSE Russell.
About Lakeland Fire + Safety
Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.
For more information about Lakeland, please visit the Company online at www.lakeland.com.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital, or which express the Company's expectation for the future with respect to financial performance or operating strategies, including statements regarding our M&A strategy, can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "can," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.
Contacts
Lakeland Fire + Safety
256-600-1390
Roger Shannon
Chief Financial Officer
rdshannon@lakeland.com
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
LAKE@mzgroup.us
www.mzgroup.us
FAQ
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