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Lakeland Inds - LAKE STOCK NEWS

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.

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Lakeland Industries, a global manufacturer of protective clothing, will participate in the Planet MicroCap Showcase: VEGAS 2024 Conference. The company's top executives will meet with investors to discuss its industry presence and financial outlook.

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Lakeland Industries, Inc. reports fiscal 2024 net sales of $124.7 million with a gross margin of 41.1%. The company acquired Jolly Boots and the LHD Group fire and rescue business. FY 25 revenue is expected to be between $140 million to $150 million. Despite challenges in the Asia business, the U.S. and Latin American operations saw significant growth in the past year.
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Lakeland Industries, Inc. acquires LHD Group Deutschland GmbH's fire and rescue business, expanding its global presence in premium fire services products. The acquisition valued at $16.7 million adds Total Care maintenance, cleaning, and repair services to Lakeland's offerings, enhancing its market share and revenue potential.
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Lakeland Industries, Inc. (NASDAQ: LAKE) will release its financial results for the fiscal 2024 fourth quarter on April 10, 2024. The conference call with the Acting President and CEO will be on April 11, 2024, at 12:00 p.m. eastern.
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Lakeland Industries, Inc. announces participation in the 36th Annual ROTH Conference. Jim Jenkins and Roger Shannon to host one-on-one meetings with investors.
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Planet MicroCap announces the release of Winter/Spring 2024 Issue of Planet MicroCap Review Magazine featuring profiles on public MicroCap companies and articles from industry experts.
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Lakeland Industries, Inc. (NASDAQ:LAKE) has acquired Jolly Scarpe S.p.A. and Jolly Scarpe Romania S.R.L. in an all-cash transaction valued at approximately $9.3 million. Jolly is a leading designer and manufacturer of professional footwear for first responders, with headquarters in Italy and manufacturing operations in Romania. The acquisition is expected to add $14 to $16 million of sales revenue to Lakeland this fiscal year and is anticipated to be immediately accretive. The acquisition expands Lakeland's fire product offerings, enhances its geographic presence in continental Europe, and presents compelling cross-selling opportunities across global sales and distribution channels.
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Lakeland Industries, Inc. (NASDAQ: LAKE) has declared a cash dividend of $0.03 per share for its fiscal first quarter of 2025. The dividend will be paid on February 22, 2024, to stockholders of record as of February 15, 2024.
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Lakeland Industries, Inc. (NASDAQ:LAKE) announced its fiscal 2024 third-quarter financial results, reporting net sales of $31.7 million, up 11.6% year-over-year, and a gross margin of 42.2%. The company also completed the acquisition of Pacific Helmets NZ, Ltd, enhancing its fire service offering. Despite ongoing economic headwinds in China and foreign currency fluctuations, the company remains encouraged by the opportunities in front of them.
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Lakeland Industries, Inc. (NASDAQ:LAKE) announced the acquisition of Pacific Helmets NZ Limited, a leading designer and manufacturer of helmets for the firefighting and rescue markets. The all-cash transaction is valued at approximately $8.5 million and is expected to add seven to eight million dollars of sales revenue to Lakeland in the next fiscal year. The acquisition enhances Lakeland's global fire services expansion efforts, strengthens its product portfolio, and provides a compelling cross-selling opportunity.
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Lakeland Inds

Nasdaq:LAKE

LAKE Rankings

LAKE Stock Data

151.50M
9.04M
4.26%
70.18%
1.57%
Apparel Manufacturing
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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United States
HUNTSVILLE