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Lakeland Industries (LAKE) Stock News, Feb-May 2024

LAKE NASDAQ

Lakeland Industries, Inc. manufactures protective clothing and apparel for industry, healthcare and first responders under the Lakeland Fire + Safety identity. News about LAKE commonly covers fiscal results, cash flow and portfolio actions, including the completed sale of the HPFR and HiViz product lines and the company’s focus on Fire Services and core industrial personal protective equipment.

Company updates also track firefighter PPE certifications and launches, including NFPA 1970:2025 certified turnout gear, gloves, hoods, helmets, boots and proximity gear across its brand portfolio. Recurring developments include customer orders for fire gear, EMEA fire sales activity, LHD Germany operating changes, logistics initiatives and leadership updates tied to the company’s global fire and industrial safety platform.

Rhea-AI Summary

Lakeland Industries, a global manufacturer of protective clothing, declared a cash dividend of $0.03 per share for its fiscal second quarter of 2025. The dividend will be paid on May 22, 2024, to stockholders of record as of May 15, 2024.

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Lakeland Industries, Inc. (NASDAQ:LAKE) has announced a strategic partnership with LineDrive, a key player in outsourced sales & marketing, to improve the sales and distribution of Lakeland's protective clothing and PPE solutions across North America. The collaboration aims to enhance distribution partnerships, extend product reach, and revolutionize the marketing and distribution of safety equipment. The partnership is set to bring lasting growth and excellence in the industrial sector.

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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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FAQ

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

Lakeland Industries (LAKE) last closed at $8.94.

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

The market cap of Lakeland Industries (LAKE) is approximately $88.8M.