STOCK TITAN

Lakeland Industries Inc 8-K Filings

LAKE NASDAQ

Every 8-K that Lakeland Industries Inc (LAKE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow LAKE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LAKE filings page.

Rhea-AI Summary

Lakeland Industries, Inc. (LAKE) reported fiscal second quarter 2027 results showing mixed performance: net sales were $50.1 million, down 4.5% year-over-year but up 5.7% from the prior quarter, with Fire products reaching $26.1 million, or 52% of revenue, up 2% year-over-year and 12% sequentially.

Gross margin improved to 37.0% from 35.9% a year ago and 31.4% in Q1, helped by a favorable Fire mix and a $1.4 million net tariff refund, while adjusted gross margin reached 37.7%. However, the company recorded a net loss of $4.9 million versus net income of $0.8 million in Q2 FY26, including a $3.2 million goodwill impairment related to LHD Germany and a $1.9 million gain on settlement of its Monterrey, Mexico lease.

Adjusted EBITDA excluding FX was $2.7 million, down from $5.1 million a year ago but more than double Q1 FY27. Inventory declined to $74.9 million, down $15.3 million year-over-year, and operating cash flow for the first six months improved by $15.1 million to $5.4 million. Management highlights growing Fire Services revenue, tender momentum, portfolio simplification and a focus on margin discipline and cash generation for the rest of FY27.

Rhea-AI Summary

Lakeland Industries, Inc. reported results of its 2026 Annual Meeting of Stockholders. Stockholders approved the company’s 2026 Equity Incentive Plan, which had been adopted by the Board on May 5, 2026 and was described in the company’s proxy statement. They also elected three Class I directors — Ronald Herring, Melissa Kidd, and Lee D. Rudow — to serve terms expiring at the 2029 annual meeting.

Stockholders ratified the selection of RSM US LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027. In an advisory vote, stockholders approved compensation for the company’s named executive officers. Detailed terms of the 2026 Equity Incentive Plan are set out in the attached exhibit and related registration statement.

Rhea-AI Summary

Lakeland Industries (Lakeland Fire + Safety) reported a modestly stronger fiscal first quarter 2027, with a return to profitability and improved cash flow. Net sales rose to $47.4 million from $46.7 million, driven mainly by 11% growth in Fire Services and contributions from Arizona PPE and California PPE.

Gross profit declined to $14.9 million from $15.6 million, but net income improved to $0.4 million from a loss of $(3.9) million, helped by a $6.5 million gain on the sale of HPFR and HiViz assets. Adjusted EBITDA excluding FX increased to $1.1 million from $0.6 million, and adjusted gross margin ticked up sequentially to 33.6%.

The company generated $5.8 million in operating cash flow, cut inventories by $4.7 million, and ended the quarter with $17.4 million in cash and $23.8 million outstanding on its revolving credit facility. Management highlights growing fire-service backlog, NFPA 1970:2025-certified head‑to‑toe PPE, expanding decontamination and service operations, and continues to target high single-digit revenue growth and positive operating cash flow for fiscal 2027.

Rhea-AI Summary

Lakeland Industries reported strong FY 2026 sales growth but weaker profitability. Net sales rose 15.2% to $192.6 million, driven by a 48.6% increase in Fire Services revenue to $93.6 million. However, gross margin fell to 32.9% from 41.1% and net loss widened to $25.3 million, or $2.63 per diluted share.

Adjusted EBITDA excluding FX dropped to $7.2 million from $17.4 million as higher costs, manufacturing underutilization and tariffs pressured margins. The company completed a sale-leaseback generating a $4.3 million gain and later divested its HPFR and HiViz product lines for about $14 million in cash, strengthening liquidity.

At January 31, 2026, Lakeland held $12.5 million of cash, $82.5 million of inventory and had $28.5 million outstanding under its revolving credit facility plus $3.8 million of other debt. It was not in compliance with certain revolver covenants but obtained a limited waiver. Management targets high single-digit revenue growth and positive operating cash flow in FY 2027, supported by portfolio simplification, NFPA 1970-certified fire products and ongoing cost and inventory initiatives.

Rhea-AI Summary

Lakeland Industries has completed the sale of its high-performance flame-resistant (HPFR) and high-visibility (HiViz) workwear product line to National Safety Apparel for an aggregate purchase price of $14.0 million. The deal includes certain assets and liabilities tied to these ANSI-compliant and arc-rated garments.

As part of the transaction, the parties signed an Asset Purchase Agreement plus a transition services agreement, contract manufacturing agreement, supply agreement and other ancillary documents. Lakeland highlights that the divestiture is intended to streamline its portfolio and intensify focus on its global fire services platform and core industrial PPE strategy, while the proceeds are expected to support its balance sheet and capital flexibility.

Rhea-AI Summary

Lakeland Industries, Inc. announced that its Board of Directors has appointed Lee D. Rudow as an independent Class I director, effective April 9, 2026. His term will run until the company’s 2026 annual stockholder meeting, when he will stand for election by stockholders.

With his addition, the Board increases from seven to eight members, seven of whom are independent. Rudow, currently Chief Executive Officer of Transcat, Inc. until his planned retirement on March 28, 2026, brings more than three decades of experience in industrial markets, including leading growth and acquisition strategies. He will receive Lakeland’s standard non-employee director compensation and be eligible for equity awards and expense reimbursement.

Rhea-AI Summary

Lakeland Industries, Inc. announced that its Board of Directors has appointed J. Calven Swinea, previously Interim Chief Financial Officer, as permanent Chief Financial Officer, effective immediately. Swinea has served as Vice President of Finance since September 2020 and became Interim CFO on January 1, 2026.

The company highlights near-term priorities of strengthening liquidity, reducing debt, improving working capital efficiency, controlling expenses, and generating sustainable free cash flow. Swinea is also leading the implementation and integration of a new Enterprise Resource Planning (ERP) system, which Lakeland expects to be fully deployed across the organization during fiscal 2027.

Management emphasizes disciplined capital allocation, inventory reduction initiatives, and integrating accretive acquisitions, with a strategic focus on expanding global fire protection and industrial products businesses while aiming to enhance margins, cash generation, and long-term shareholder value.

Rhea-AI Summary

Lakeland Industries filed an amended report to update compensation details for its Interim Chief Financial Officer, J. Calven Swinea. The Board’s Compensation Committee approved a new base salary of $360,000 for his interim CFO role, effective retroactively to February 1, 2026. This follows his previously disclosed appointment as Interim CFO effective January 1, 2026.

Rhea-AI Summary

Lakeland Industries, Inc. filed a current report to furnish a shareholder communication. On January 26, 2026, the company issued a letter to its shareholders and attached this document as Exhibit 99.1 to the report. The filing states that the shareholder letter is provided under Regulation FD disclosure rules and is treated as "furnished" rather than "filed" for purposes of certain Exchange Act liability provisions and incorporation by reference.

Rhea-AI Summary

Lakeland Industries, Inc. entered into a General Release and Separation Agreement with former Chief Financial Officer Roger D. Shannon in connection with his previously disclosed employment termination effective December 31, 2025. Under this agreement, Mr. Shannon will receive four months of base salary paid in bi-weekly installments, a pro-rated short-term incentive cash bonus for the fiscal year ending January 31, 2026 if performance targets are met, continued vesting of certain unvested equity awards scheduled to vest before April 30, 2026, and COBRA health coverage payments for up to six months after his termination date.

The agreement includes a release of claims in favor of the company, a seven-day revocation period after January 6, 2026 before it becomes effective, and forfeiture and clawback provisions if Mr. Shannon breaches its terms. The full agreement will be filed with the company’s Form 10-K for the fiscal year ending January 31, 2026.

Rhea-AI Summary

Lakeland Industries (LAKE) announced that its Board of Directors declared a quarterly cash dividend of $0.03 per share. The dividend is payable on November 24, 2025 to shareholders of record as of November 17, 2025.

The update was disclosed under “Other Events” and accompanied by a press release filed as an exhibit.

Rhea-AI Summary

Lakeland Industries, Inc. completed the acquisitions of Arizona PPE Recon, Inc. and California PPE Recon, Inc., as announced in a press release furnished with this report. Both acquired companies are UL‑certified independent service providers focused on advanced decontamination, inspection, and repair of firefighting garments.

Arizona PPE Recon is described as the leading provider in the Arizona firefighting services market, while California PPE Recon operates in the large and rapidly expanding California firefighting services market. These businesses expand Lakeland’s presence in specialized firefighting personal protective equipment services in key U.S. regions.

Rhea-AI Summary

Lakeland Industries, Inc. furnished the transcript of its earnings call held on September 9, 2025. The filing clarifies the transcript is "furnished" under Items 2.02 and 7.01 of Form 8-K and therefore is not "filed" for purposes of the Exchange Act or incorporated by reference into other filings unless expressly stated. The disclosure includes a standard Regulation FD statement and is signed by Roger D. Shannon, Chief Financial Officer and Secretary, dated September 10, 2025. The document does not contain earnings figures or additional financial details.