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) 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.
Lakeland Industries (NASDAQ: LAKE) has completed the sale of its Decatur, Alabama warehouse facility for $6.1 million as part of its operational streamlining initiatives. The transaction includes a short-term leaseback of one warehouse while the company searches for a new strategic location.
The sale aligns with Lakeland's broader consolidation strategy, which includes previously announced closures of facilities in Hull, England and Quitman, Arkansas. These initiatives are expected to generate $1 million in annual savings for the remainder of fiscal 2026. The company has identified additional initiatives projected to yield $3 million in annualized savings in the second half of fiscal 2026.
Lakeland Fire + Safety (NASDAQ: LAKE), a leading manufacturer of protective clothing and apparel, has scheduled its fiscal second quarter 2026 earnings conference call for Tuesday, September 9, 2025, at 4:30 p.m. Eastern Time.
The call will be hosted by CEO Jim Jenkins and CFO Roger Shannon, featuring a presentation and Q&A session. Financial results for the quarter ended July 31, 2025, will be released before the call. Investors can access the call via phone or webcast, with replay available through December 9, 2025.
Lakeland Fire + Safety (NASDAQ: LAKE), a global manufacturer of protective clothing and apparel, has announced a quarterly cash dividend. The company's Board of Directors has declared a $0.03 per share dividend for its fiscal third quarter of 2026.
The dividend will be payable on August 22, 2025, to stockholders of record as of August 15, 2025. Lakeland specializes in protective equipment for industry, healthcare, and first responder sectors.
Lakeland Industries (NASDAQ: LAKE) has completed a significant milestone by shipping a $3.1 million fire boot order to the Italian Ministry of the Interior - Firefighters Department through its Jolly Scarpe brand. The shipment is part of a four-year supply contract, delivering 47,500 intervention boots for firefighters.
The custom-designed boots feature GORE-TEX CROSSTECH lining for protection against pathogens and hazardous chemicals, and are manufactured with sustainable full-grain tanned leather. The boots exceed EN 15090:2012 standards and are produced at Lakeland's manufacturing facility in Romania.
CEO Jim Jenkins highlighted that this order validates the Jolly Scarpe acquisition strategy and revealed plans to introduce an NFPA-certified Jolly fire boot to the U.S. market, which represents the world's largest fire turnout gear market.
Lakeland Fire + Safety (NASDAQ: LAKE), a global manufacturer of protective clothing, announced the closure of facilities in Hull, UK and Quitman, Arkansas as part of its strategic consolidation plan. The closures are expected to generate $1 million in annual savings for fiscal year 2026.
The company has identified additional initiatives projected to yield $3 million in annualized savings, bringing total cost reductions to $4 million. Lakeland will retain key non-warehouse staff in Hull and consolidate Quitman's production into other facilities. The company is also implementing a global ERP system and Lean Six Sigma initiatives to enhance operational efficiency over the next 12-24 months.
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.
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