Lakeland Inds Stock Price, News & Analysis

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.

The Russell indexes, which are reconstituted annually, capture the 4,000 largest US stocks by market capitalization. These indexes serve as benchmarks for approximately $10.6 trillion in assets and are widely used by investment managers and institutional investors.

Lakeland Industries (NASDAQ: LAKE), a global manufacturer of protective clothing and apparel, announced that CEO Jim Jenkins and CFO Roger Shannon will participate in the 15th Annual ROTH London Conference from June 24-26, 2025. The event will be held at the Four Seasons Hotel London at Park Lane, where management will conduct one-on-one and small group meetings with institutional investors. This conference provides an opportunity for institutional investors to engage directly with Lakeland's senior leadership team.

Lakeland Industries (LAKE) reported Q1 FY2026 results with record net sales of $46.7M, up 29% YoY, driven by a 100% increase in Fire Services revenue. U.S. sales grew 42% to $22.5M and European sales rose 102% to $12.1M. Despite revenue growth, the company faced challenges with gross profit decreasing 4% to $15.6M and gross margin declining to 33.5% from 44.6%. The company reported a net loss of $3.9M compared to net income of $1.7M in Q1'25. Fire Services now represents 45% of total revenue, with recent acquisitions contributing significantly. The company maintains its FY2026 revenue guidance of $210-220M despite facing headwinds from tariff uncertainties and regional challenges in Latin America and Canada.

Lakeland Fire + Safety (NASDAQ: LAKE), a leading manufacturer of protective clothing and apparel for industry, healthcare and first responders, has scheduled its fiscal first quarter 2026 financial results conference call for Monday, June 9, 2025, at 4:30 p.m. Eastern Time. The company will release its financial results for the quarter ended April 30, 2025, before the call. President, CEO and Executive Chairman Jim Jenkins and CFO Roger Shannon will host the call, which will include a presentation and Q&A session. Investors can access the call via telephone or webcast, with replay options available through September 9, 2025.