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Lakeland Inds Stock Price, News & Analysis

LAKE NASDAQ

Company Description

Overview

Lakeland Industries (LAKE) is a publicly-held, multidivisional manufacturer dedicated to producing high-performance protective garments and accessories. The company specializes in industrial safety apparel for sectors such as chemical, petrochemical, healthcare, automotive, glass, cement, and fire services. With decades of experience in the market, Lakeland has built a reputation for quality, innovation, and reliability across global markets.

Product Portfolio

The company offers a comprehensive range of products including disposables, chemical resistant clothing, fire service gear, gloves, high visibility wear, high-performance garments, and woven textiles. These products are designed for a variety of environmental conditions and industries where safety is paramount. Their offerings are tested on the job, making them a trusted solution for end users who require durable and effective protective clothing.

Global Reach and Distribution

Lakeland operates through a sophisticated global distribution network, selling its products through in-house sales teams as well as a vast network of over 2,000 authorized safety and industrial supply distributors. The company maintains a strong presence in key regions including North America, Latin America, Canada, Asia, Europe, and beyond. Strategic partnerships with organizations such as LineDrive and participation in government procurement programs underscore its commitment to expanding market penetration and ensuring product availability worldwide.

Research, Development, and Strategic Acquisitions

Innovation is at the core of Lakeland's business approach. Robust research and development programs enable the company to continuously improve product performance and adapt to evolving industrial safety needs. Strategic acquisitions, including those enhancing their fire services and head-to-toe protective solutions, further diversify the product portfolio and extend market reach. Such initiatives reinforce Lakeland's commitment to quality and position the firm as an integral player in the industrial safety market.

Market Position and Competitive Landscape

Lakeland is recognized for its robust quality standards and its ability to supply consistently reliable protective clothing under challenging conditions. The competitive edge lies in its comprehensive approach: a diversified product line, global logistical capabilities, and a history of strategic acquisitions that strengthen its footprint in high-value industrial segments such as fire services. Clear industry expertise and governance support continuous improvements, allowing Lakeland to respond proficiently to market demands.

Commitment to Quality and Customer Service

Quality is the cornerstone of Lakeland's manufacturing process. Meticulous design practices and rigorous testing ensure that each product meets stringent safety standards, while superior customer service and technical support enhance user satisfaction. This commitment to excellence has cemented the brand's reputation among integrated industries, government agencies, and first responders worldwide.

Key Industry Terminology and Insights

  • Industrial Protective Clothing: Garments designed to protect workers from physical, chemical, and thermal hazards.
  • Fire Services: Specialized product lines tailored for firefighting and emergency response applications.
  • Strategic Acquisitions: Targeted investments intended to expand market presence and diversify product offerings.
  • Global Distribution: An extensive network that enables efficient delivery of safety products to both domestic and international markets.

This detailed overview aims to inform investors and industry observers about Lakeland's operations, emphasizing its proven track record, diversified product portfolio, and strategic initiatives that uphold its authority and trustworthiness in the industrial safety market.

Stock Performance

$16.87
+0.36%
+0.06
Last updated: April 25, 2025 at 15:59
0.72 %
Performance 1 year
$151.5M
Market Cap
9.5M
Shares outstanding

SEC Filings

No SEC filings available for Lakeland Inds.

Financial Highlights

$38,512,000
Revenue (TTM)
-$1,376,000
Net Income (TTM)
-$4,346,000
Operating Cash Flow
-3.57%
Net Profit Margin
-4.13%
Oper. Profit Margin
39.56%
Gross Profit Margin

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Frequently Asked Questions

What is the current stock price of Lakeland Inds (LAKE)?

The current stock price of Lakeland Inds (LAKE) is $16.81 as of April 25, 2025.

What is the market cap of Lakeland Inds (LAKE)?

The market cap of Lakeland Inds (LAKE) is approximately 151.5M.

What is the revenue (TTM) of Lakeland Inds (LAKE) stock?

The trailing twelve months (TTM) revenue of Lakeland Inds (LAKE) is $38,512,000.

What is the net income of Lakeland Inds (LAKE)?

The trailing twelve months (TTM) net income of Lakeland Inds (LAKE) is -$1,376,000.

What is the operating cash flow of Lakeland Inds (LAKE)?

The operating cash flow of Lakeland Inds (LAKE) is -$4,346,000.

What is the profit margin of Lakeland Inds (LAKE)?

The net profit margin of Lakeland Inds (LAKE) is -3.57%.

What is the operating margin of Lakeland Inds (LAKE)?

The operating profit margin of Lakeland Inds (LAKE) is -4.13%.

What is the gross margin of Lakeland Inds (LAKE)?

The gross profit margin of Lakeland Inds (LAKE) is 39.56%.

What is the current ratio of Lakeland Inds (LAKE)?

The current ratio of Lakeland Inds (LAKE) is 4.24, indicating the company's ability to pay short-term obligations.

What is the gross profit of Lakeland Inds (LAKE)?

The gross profit of Lakeland Inds (LAKE) is $15,235,000 on a trailing twelve months (TTM) basis.

What is the operating income of Lakeland Inds (LAKE)?

The operating income of Lakeland Inds (LAKE) is -$1,591,000.

What does Lakeland Industries manufacture?

Lakeland Industries manufactures a wide range of protective clothing and accessories, including products for industrial, chemical, and fire safety applications.

Which industries does Lakeland serve?

The company serves diverse industries such as chemical/petrochemical, healthcare, automotive, construction, and fire services, as well as government agencies and first responders.

How does Lakeland distribute its products globally?

Lakeland distributes its products through in-house sales teams and a network of over 2,000 authorized distributors, serving markets in North America, Europe, Asia, Latin America, and other regions.

What role does research and development play at Lakeland?

Research and development are central to Lakeland's business, driving innovation and continuous improvement in product performance to meet rigorous safety standards.

How has Lakeland expanded its product portfolio?

Through strategic acquisitions and organic growth, Lakeland has diversified its offerings to include disposables, chemical-resistant clothing, high-performance fire service gear, and more.

How does Lakeland ensure the quality of its protective garments?

Quality is maintained through meticulous design, rigorous testing, and continuous improvement processes, ensuring that the products meet or exceed industry safety standards.

What differentiates Lakeland from its competitors?

Lakeland's competitive edge comes from its comprehensive product lineup, global distribution network, strong emphasis on R&D, and strategic initiatives that enhance both quality and market reach.