STOCK TITAN
  1. Home
  2. News
  3. LAKE

Lakeland Industries, Inc. - LAKE STOCK NEWS

Welcome to our dedicated news page for Lakeland Industries (Ticker: LAKE), a resource for investors and traders seeking the latest updates and insights on Lakeland Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lakeland Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lakeland Industries's position in the market.

News
Lakeland Industries, Inc. Reports Fiscal 2024 Fourth Quarter Financial and Full Year Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.92%
Tags
earnings
-
News
Lakeland Industries Announces the Acquisition of the Fire and Rescue Business of the LHD Group
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
Tags
acquisition
-
News
Lakeland Industries to Report Fiscal 2024 Fourth Quarter Financial Results and Conduct Conference Call
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.2%
Tags
conferences earnings
News
Lakeland Industries to Participate in the 36th Annual ROTH Conference
Rhea-AI Summary
Lakeland Industries, Inc. announces participation in the 36th Annual ROTH Conference. Jim Jenkins and Roger Shannon to host one-on-one meetings with investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
conferences
-
News
Planet MicroCap Review Magazine for Winter/Spring 2024 Now Online
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
-
News
Lakeland Industries Announces the Acquisition of Jolly Scarpe Footwear
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.94%
Tags
acquisition
News
Lakeland Industries Declares Cash Dividend for First Quarter 2025
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.47%
Tags
dividends earnings
-
News
Lakeland Industries, Inc. Reports Fiscal 2024 Third Quarter Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
earnings
-
News
Lakeland Industries Announces the Acquisition of Pacific Helmets
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
acquisition
News
Lakeland Industries to Report Fiscal 2024 Third Quarter Financial Results and Conduct Conference Call
Rhea-AI Summary
Lakeland Industries, Inc. (NASDAQ: LAKE) will release its financial results for the fiscal 2024 third quarter on December 6, 2023. The conference call and live webcast will be held on December 7, 2023. The company is a leading global manufacturer of protective clothing for industry, healthcare, and first responders on federal, state, and local levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
Tags
conferences earnings
Stock LAKE logo
Lakeland Industries, Inc.

Nasdaq:LAKE

LAKE Rankings

#4099 Ranked by Market Cap
#785 Ranked by Stock Gains
#1931 Ranked by Dividends

LAKE Stock Data

123.92M
6.48M
7.56%
75.69%
0.5%
Hosiery and Sock Mills
Manufacturing
Link
US
Decatur

About LAKE

lakeland industries inc. is a multidivisional, publicly-held producer of quality, high-performance protective garments for industry in both domestic and worldwide markets. headquartered in ronkonkoma, new york since 1982, its more than $100 million in sales last year is hard evidence of growth and recognition, factors attributable directly to its ongoing research and development programs. lakeland's protective clothing products are proven on-the-job every day, and are specified routinely for workers in the chemical petrochemical, healthcare, automotive, glass, cement and other industries in which hazardous materials must be handled. these reliable and, therefore, popular lines are widely diversified, yet stand prominently on the common foundation of quality for which the company is well-known and respected, and to which it continues to pledge its efforts. lakeland is proven around the world. prove it to yourself. call us today at 1-800-645-9291. give your people, and your company, the