Lakeland Inds Stock Price, News & Analysis

Lakeland Fire + Safety (NASDAQ: LAKE) reported fiscal Q3 2026 results for the quarter ended Oct 31, 2025: net sales $47.6M (+4% YoY) driven by a 31% increase in Fire Services to $25.3M, representing 53% of revenue. Gross profit was $14.1M (down 24%) and gross margin fell to 29.7%. The company recorded a $16.0M net loss and Adjusted EBITDA ex-FX $0.2M (down 95%).

Operational moves included completed acquisitions of Arizona PPE and California PPE (adding about $5M annual recurring revenue), an $5.6M three-year Hong Kong contract, and a $6.1M sale-and-partial-leaseback of Decatur property. Management withdrew FY2026 guidance and emphasized inventory reductions, cost savings, and liquidity prioritization; cash was $17.2M with $33.2M drawn on the revolver as of Oct 31, 2025.

Lakeland Fire + Safety (NASDAQ: LAKE) announced on December 3, 2025 that it received an order from the Fire and Rescue Department of Malaysia (commonly known as Bomba) for firefighter personal protective equipment. Terms of the order were not disclosed.

Bomba employs about 15,000 personnel and serves more than 35 million residents. Lakeland said the order reinforces its foothold in Southeast Asia, highlights global cross-selling opportunities across its fire portfolio brands, and used Lakeland's local sales and marketing teams to deliver tailored product selection and technical support.

Lakeland Fire + Safety (NASDAQ: LAKE) will host a conference call on Tuesday, December 9, 2025 at 4:30 p.m. Eastern Time to discuss fiscal third quarter 2026 results for the period ended October 31, 2025. A press release with results will be issued prior to the call.

Management will present a slide webcast with Q&A. Participants can join by phone (1-877-407-9208 U.S.; 1-201-493-6784 international) using conference code 13756485 or via the webcast link on the company investor relations site. A telephone replay will be available about three hours after the call through March 9, 2026 (1-844-512-2921 U.S.; 1-412-317-6671 international) using replay PIN 13756485.

Lakeland (NASDAQ: LAKE) announced that its subsidiary California PPE Recon executed a lease for a new 8,000 square-foot facility on a half-acre site in Fresno, California, announced Nov. 19, 2025. The site will expand decontamination, inspection and repair services, rental gear logistics, and training capacity for the California firefighting market and adjacent public safety customers.

The facility aims to shorten turnaround times, enable additional shifts and new service modalities, and support Lakeland's strategy to build a recurring revenue U.S. service platform.

Lakeland Fire + Safety (NASDAQ: LAKE) declared a cash dividend of $0.03 per share for its fiscal fourth quarter of 2026. The dividend will be paid on November 24, 2025 to shareholders of record as of November 17, 2025.

This distribution covers fiscal Q4 2026 and specifies both the record date and payment date for shareholders.

Lakeland Industries (NASDAQ: LAKE) has completed strategic acquisitions of Arizona PPE Recon and California PPE Recon for a combined value of approximately $9.5 million. The Arizona PPE deal was an all-cash transaction of $4 million, while California PPE was acquired for $5.5 million through a combination of stock and cash.

Both companies are UL-certified independent service providers specializing in firefighting equipment decontamination, inspection, and repairs. The acquisitions will add approximately $5 million in annual recurring revenue and expand Lakeland's presence in the U.S. personal protective equipment services market. The acquired companies, with a combined workforce of 33 employees, will maintain their current leadership teams and serve as Lakeland's foundation for growth in North American advanced decontamination and rental markets.

Lakeland Industries (NASDAQ:LAKE) has secured a USD $5.6 million three-year contract through its subsidiary Lakeland LHD to provide advanced decontamination and maintenance services for the Hong Kong Fire Services Department's firefighter protective gear. The contract, running through 2028, covers servicing of approximately 14,500 firefighter ensembles annually.

The company has reported strong performance with Q2 2026 net sales increasing 36% to $52.5 million, driven by a 113% increase in fire services products. Asian market sales reached $3.7 million, representing 7% of revenue. Lakeland LHD, acquired in July 2024, has been supplying firefighter ensembles to HKFSD since 2011.

Lakeland Fire + Safety (NASDAQ: LAKE) reported strong fiscal Q2 2026 results with record net sales of $52.5 million, up 36% year-over-year, driven by a 113% increase in Fire Services revenue. The company saw significant growth in key markets with U.S. net sales up 78% to $22.1 million and Europe net sales rising 113% to $15.1 million.

The quarter showed improved performance with gross margin increasing 240 basis points sequentially to 35.9% and positive net income of $0.8 million. Adjusted EBITDA excluding FX reached $5.1 million. However, due to global tariff uncertainties, Lakeland has updated its FY 2026 guidance.

Notable operational highlights include a $6.1 million sale-leaseback of its Decatur facility and a $3.1 million fire boot order from the Italian Ministry of Interior.

Lakeland Fire + Safety (NASDAQ: LAKE), a leading manufacturer of protective clothing for industry, healthcare, and first responders, has announced its management's participation in two upcoming investor conferences in September 2025.

CEO and Executive Chairman Jim Jenkins and CFO Roger Shannon will attend the Lake Street BIG9 Conference on September 11 in New York, and the D.A. Davidson Diversified Industrials & Services Conference from September 17-19 in Nashville. At both events, management will host one-on-one meetings with institutional investors.