LAKE stock icon

Lakeland Industries

20.62 USD
-0.20
0.96%
At close Oct 17, 4:00 PM EDT
After hours
20.62
+0.00
0.00%
1 day
-0.96%
5 days
5.64%
1 month
3.00%
3 months
-10.97%
6 months
30.51%
Year to date
12.31%
1 year
33.38%
5 years
86.78%
 

About: Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. Its geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.

Employees: 1,600

0
Funds holding %
of 6,740 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

167% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 6

21% more capital invested

Capital invested by funds: $96.1M [Q1] → $116M (+$20M) [Q2]

21% more funds holding

Funds holding: 48 [Q1] → 58 (+10) [Q2]

2.65% less ownership

Funds ownership: 71.29% [Q1] → 68.64% (-2.65%) [Q2]

33% less call options, than puts

Call options by funds: $307K | Put options by funds: $456K

43% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 21

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

Research analyst outlook

We haven’t received any recent analyst ratings for LAKE.

Financial journalist opinion

Neutral
Accesswire
1 month ago
Lakeland Industries, Inc. Reports Fiscal 2025 Second Quarter Financial Results
Net sales of $38.5 million and gross margin of 39.6% Continued strong growth in high-value, strategic product lines, led by a 34% increase in Fire Rebranding and Launch of Lakeland Fire + Safety HUNTSVILLE, AL / ACCESSWIRE / September 4, 2024 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2025 second quarter ended July 31, 2024. Fiscal 2025 Second Quarter Financial Results Highlights Net sales of $38.5 million, up $5.4 million, or 16.5%, year-over-year Organic revenue(1) excluding LHD, Jolly, and Pacific Helmets acquisitions, of $32.2 million, a decrease of $0.9 million, or 2.8%, year-over-year Fire services business, a key strategic growth focus for the Company, grew over 33.5% versus the same period last year Gross margin of 39.6% and organic gross margin of 43.4%, compared to a gross margin of 42.9% in the prior year period Net loss of ($1.4 million) or ($0.19) per basic common share in Q2-FY25 versus net income of $2.5 million or $0.33 per basic common share last year Adjusted earnings before interest, taxes, depreciation, amortization and excluding FX (Adjusted EBITDA excluding FX)(2) of $2.7 million in Q2-FY25, compared to $4.7 million in Q2-FY24 LHD, Jolly and Pacific Helmets revenue of $1.5 million, $2.9 million and $1.9 million, respectively (1)Organic revenue and organic gross margin are total revenue and total gross margin, each excluding the effects of recent acquisitions, which management uses to assess the growth of its legacy business.
Lakeland Industries, Inc. Reports Fiscal 2025 Second Quarter Financial Results
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