Stock events for Lakeland Industries, Inc. (LAKE)
Lakeland Industries' stock price has experienced volatility and a downward trend in the past six months. Key events impacting the stock include Q1 FY2026 financial results, where record net sales were reported but gross profit decreased, and a net loss occurred. Q2 FY2026 financial results showed revenue growth and improved net profit, but the adjusted gross margin percentage decreased. Strategic acquisitions have been a significant driver of revenue growth. The company has faced headwinds from tariff uncertainty, operational challenges, and is implementing a cost reduction plan.
Demand Seasonality affecting Lakeland Industries, Inc.’s stock price
Information explicitly detailing the demand seasonality for Lakeland Industries, Inc. products and services is not readily available.
Overview of Lakeland Industries, Inc.’s business
Lakeland Industries, Inc. is a global leader in the manufacturing and distribution of industrial protective clothing and accessories, serving industries such as healthcare, manufacturing, oil and gas, firefighting, and chemical processing. The company's major product lines include disposables, chemical protective clothing, fire protective clothing, gloves, high visibility apparel, high-performance wear, and wovens.
LAKE’s Geographic footprint
Lakeland Industries has a significant global presence, selling its products in over 50 countries, including the United States, Latin America, Canada, Asia, Mexico, and Europe (United Kingdom). The company maintains domestic production facilities and plants in Mexico, Canada, and China.
LAKE Corporate Image Assessment
Lakeland Industries is generally regarded as a trusted provider of high-performance protective apparel. However, financial and operational difficulties, such as lower gross margins, net losses, tariff uncertainties, shipment delays, and acquisition integration risks, could indirectly affect brand perception. Management remains confident in their long-term outlook, focusing on cost discipline, acquisition strategy, and operational improvements.
Ownership
Lakeland Industries is primarily owned by institutional shareholders (79.14%), followed by Lakeland Industries insiders (20.81%), and a small percentage by retail investors (0.05%). Major institutional owners include Private Capital Management LLC, Royce Associates LP, and BlackRock Inc. The largest individual shareholder is Christopher James Ryan, owning 7.44% of the company.
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$16.46