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Lakeland Industries (LAKE)
NASDAQ:LAKE
Earnings Data
Report Date
Sep 04, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
0.08Last Year’s EPS
-0.13Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 09, 2025
|% Change Since: -28.10%
|Next Earnings Date:Sep 04, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and successful acquisitions contributing to strong market performance in the U.S. and Europe. However, this was offset by a substantial decline in gross margins, decreased adjusted EBITDA, and operational challenges related to tariffs and increased expenses, leading to a net loss for the quarter.Company Guidance
During the call, Lakeland Fire and Safety provided guidance for their fiscal first quarter of 2026, highlighting a 29% year-over-year increase in net sales, reaching a record $46.7 million. This growth was driven by a 100% increase in fire services products. The U.S. market saw a 42% increase in net sales to $22.5 million, with organic growth of 15%, while European sales soared by 102% to $12.1 million. However, gross profit as a percentage of net sales decreased to 33.5%, down from 44.6% in the previous year, due to lower margins in acquisitions and geographic revenue mix shifts. Adjusted EBITDA, excluding FX, decreased significantly to $0.6 million from $3.8 million the previous year. The company reported a net loss of $3.9 million, compared to a net income of $1.7 million in the prior year. Operating expenses increased by $6.3 million, driven by acquisition and labor costs. The company is focusing on mitigating tariff impacts, with inventory rising by $3.1 million to $85.8 million. Lakeland maintains a revenue guidance of $210 million to $220 million for fiscal 2026, with adjusted EBITDA expected at the lower end of $24 million to $29 million.Record Net Sales
Achieved record net sales of $46.7 million, representing a 29% year-over-year increase, driven by a 100% increase in fire services products and recent acquisitions.
Strong U.S. and European Market Growth
In the U.S., net sales increased 42% year-over-year to $22.5 million, with organic U.S. growth of 15%. In Europe, net sales increased 102% year-over-year to $12.1 million.
Successful Acquisitions
Recent acquisitions contributed significantly to revenue, with $9.9 million of the increase attributed to them and strong contributions from Veridian and LHD.
Expansion and Strategic Planning
Implemented a new company-wide SAP ERP system to enhance and consolidate operations, and continued focus on acquisitions and operational synergies.
LAKE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LAKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 09, 2025 | $19.36 | $15.07 | -22.16% |
Apr 09, 2025 | $18.32 | $15.69 | -14.36% |
Dec 05, 2024 | $22.54 | $22.89 | +1.55% |
Sep 04, 2024 | $23.68 | $23.68 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lakeland Industries (LAKE) report earnings?
Lakeland Industries (LAKE) is schdueled to report earning on Sep 04, 2025, TBA Not Confirmed.
What is Lakeland Industries (LAKE) earnings time?
Lakeland Industries (LAKE) earnings time is at Sep 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LAKE EPS forecast?
LAKE EPS forecast for the fiscal quarter 2026 (Q2) is 0.08.
