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, 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.
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 its participation in the 6th Annual CEO Networking Event hosted by Semco Capital. The event will take place on June 2, 2025, from 1:00-9:00 p.m. CT at Joe's Seafood in Chicago.
CEO Jim Jenkins and CFO Roger Shannon will engage in a fireside chat led by Scott Weis of Semco Capital and will be available for questions. The event brings together leading microcap companies with strong management teams and growth potential.
Lakeland Fire + Safety (NASDAQ: LAKE), a global manufacturer of protective clothing and apparel, has announced a quarterly cash dividend of $0.03 per share for its fiscal second quarter of 2026. The dividend will be distributed on May 22, 2025, to shareholders recorded as of May 15, 2025. Lakeland specializes in manufacturing protective gear for industry, healthcare, and first responder sectors.
Lakeland Industries (NASDAQ: LAKE) reported record Q4 FY2025 results with net sales increasing 49% to $46.6 million, driven by a 226% surge in Fire Services products. The company's full-year net sales grew 34% to $167.2 million.
Q4 highlights include gross profit rising 67% to $18.7 million and Adjusted EBITDA excluding FX reaching $6.1 million. However, Q4 net income declined to ($18.4) million due to non-cash goodwill impairments and equity investment write-off.
The company has implemented tariff mitigation measures, including inventory buildup and production shifts between US, Mexico, Vietnam, and China facilities. Lakeland introduced FY2026 guidance with revenue projected between $210-220 million and Adjusted EBITDA excluding FX of $24-29 million.
Notable developments include the completion of Veridian acquisition, expanding Lakeland's fire services portfolio, and closing a $46.0 million public offering of common stock.
Lakeland Industries (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, has scheduled its fiscal fourth quarter and full year 2025 financial results conference call for Wednesday, April 9, 2025, at 4:30 p.m. Eastern Time.
The conference call will be led by President, CEO and Executive Chairman Jim Jenkins, and CFO Roger Shannon, featuring a presentation and Q&A session. The company will release detailed financial results prior to the call. The presentation will be accessible through the company's investor relations website and during the webcast.
A telephone replay will be available approximately three hours after the call until July 9, 2025, accessible via U.S. number 1-844-512-2921 or international number 1-412-317-6671 with pin 13752639.