Core Viewpoint - Centerspace has made significant acquisitions in the multifamily real estate sector, expanding its portfolio and geographic presence, particularly in the Mountain West region [2][3]. Acquisition Details - The company acquired a community in Salt Lake City, UT, for $149 million, consisting of 341 homes in the desirable Sugar House submarket [1][2]. - Centerspace has signed an agreement to acquire a 420-home community in Fort Collins, CO, for approximately $132 million, with the closing expected in mid-June 2025 [3]. Portfolio Management - Centerspace is marketing its five-community portfolio in Saint Cloud, MN, indicating a strategic exit from that market [4]. - The company plans to market several communities from its Minneapolis portfolio for sale as part of its portfolio optimization strategy [4]. Financial Strategy - To enhance financial flexibility during these transactions, Centerspace has expanded its line of credit by $150 million, increasing the total borrowing capacity to $400 million [5]. - The company’s previous earnings guidance did not account for these acquisitions or dispositions, and it plans to provide updated guidance with its second quarter 2025 earnings release [6]. Dividend Announcement - Centerspace's Board of Trustees declared a regular quarterly distribution of $0.77 per share/unit, payable on July 10, 2025, to shareholders and unitholders of record by June 27, 2025 [7]. Company Overview - Centerspace is an owner and operator of apartment communities, currently owning 72 communities with a total of 13,353 homes across several states, including Colorado, Minnesota, and Utah [8].

Core Viewpoint - Lakeland Industries, Inc. will host a conference call on June 9, 2025, to discuss its financial results for the fiscal first quarter 2026, which ended on April 30, 2025 [1][2]. Group 1: Conference Call Details - The conference call will be led by Lakeland's President and CEO Jim Jenkins and CFO Roger Shannon, followed by a Q&A session [2]. - The call is scheduled for June 9, 2025, at 4:30 p.m. Eastern Time, with dial-in options provided for participants [2]. - A telephone replay will be available approximately three hours after the call and will remain accessible until September 9, 2025 [2]. Group 2: Company Overview - Lakeland Fire + Safety manufactures and sells a wide range of protective clothing and accessories for industrial and first responder markets [3]. - The company distributes its products globally through in-house sales teams and authorized independent representatives, serving various industries including oil, chemical, automotive, and healthcare [3]. - Lakeland's international sales extend to over 50 countries, with significant markets in China, the European Economic Community, Canada, and several Latin American countries [3].

DALLAS, May 23, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has signed a definitive agreement to sell the 242-room Hilton Houston NASA Clear Lake located in Houston, Texas for $27.0 million. The sale is expected to be completed in June 2025 and is subject to normal closing conditions. The Company provides no assurances that the sale will be completed on these terms or at all.When adjusted for the Company's anticipated capital ex ...

HUNTSVILLE, Ala., May 22, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that Jim Jenkins, CEO, President and Executive Chairman, and Roger Shannon, Chief Financial Officer, will attend the 6th Annual CEO Networking Event hosted by Semco Capital in Chicago on Monday, June 2, 2025 from 1:00-9:00 p.m. CT. Mr. Jenkins and Mr ...

HUNTSVILLE, Ala., May 01, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Board of Directors declared a cash dividend for its fiscal second quarter of 2026 of $0.03 per share. The dividend will be paid on May 22, 2025, to stockholders of record as of May 15, 2025. About Lakeland Fire + Safety Lakeland Fire + Safet ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission File Number: 0-15535 LAKELAND INDUSTRIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 13-3115216 ...

Core Viewpoint - Lakeland Industries reported a quarterly loss of $0.54 per share, significantly missing the Zacks Consensus Estimate of $0.43, and showing a decline from earnings of $0.22 per share a year ago, indicating a substantial earnings surprise of -225.58% [1] Financial Performance - The company posted revenues of $46.6 million for the quarter ended January 2025, which was 2.92% below the Zacks Consensus Estimate, but an increase from $31.2 million in the same quarter last year [2] - Over the last four quarters, Lakeland Industries has not surpassed consensus EPS estimates and has topped consensus revenue estimates only twice [2] Stock Performance - Lakeland Industries shares have declined approximately 35.3% since the beginning of the year, in contrast to the S&P 500's decline of -15.3% [3] - The current Zacks Rank for Lakeland Industries is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.28 on revenues of $49.8 million, and for the current fiscal year, it is $1.30 on revenues of $211.9 million [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock performance [6] Industry Context - The Security and Safety Services industry, to which Lakeland Industries belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a relatively strong industry performance [8] - MSA Safety, another company in the same industry, is expected to report quarterly earnings of $1.59 per share, reflecting a year-over-year change of -1.2% [9]

Financial Performance - Q4'25 net sales reached a record $46.6 million, a 49.3% increase from $31.2 million in Q4'24, driven by a 226% increase in Fire Services products[1] - FY 2025 net sales increased 34.1% to $167.2 million compared to $124.7 million in FY 2024[1] - Q4'25 gross profit rose 67.0% to $18.7 million, with a gross margin of 40.1%, up from 35.9% in Q4'24[1][4] - Q4'25 adjusted EBITDA excluding FX was $6.1 million, a 79.4% increase from $3.4 million in Q4'24[1][4] - Net sales for Q4 fiscal 2025 were $46.6 million, a 49.3% increase from $31.2 million in Q4 fiscal 2024, driven by $12.1 million from acquisitions and $3.3 million in organic sales growth[24] - For fiscal year 2025, net sales were $167.2 million, a 34.1% increase from $124.7 million in fiscal year 2024, with Fire Services revenue increasing by 137.7%[30] - Adjusted EBITDA for the year was $15.0 million, with an adjusted EBITDA margin of 9.0%, compared to $12.0 million and 9.6% in 2024[56] Revenue Guidance and Projections - The company introduced FY 2026 revenue guidance of $210 million to $220 million and adjusted EBITDA excluding FX of $24 million to $29 million[1] - The company expects fiscal year 2026 revenue to be between $210 million and $220 million, with Adjusted EBITDA excluding FX projected to be between $24 million and $29 million[46][48] Operating Expenses and Losses - Operating expenses rose to $18.8 million in Q4 fiscal 2025, a 29.7% increase from $14.5 million in Q4 fiscal 2024, leading to an operating loss of $10.7 million compared to a loss of $3.3 million in the prior year[27] - Net loss for Q4 fiscal 2025 was $18.4 million, or ($2.42) per diluted share, compared to a net loss of $1.0 million, or ($0.13) per diluted share, in Q4 fiscal 2024[28] - The company reported a net loss of $18.1 million for the year, compared to a net income of $5.4 million in 2024, resulting in a diluted loss per share of $2.43[74] Asset and Liability Changes - Cash and cash equivalents were $17.5 million as of January 31, 2025, reflecting a decrease of $7.7 million from the previous year, while working capital increased by $18.4 million[36] - Total current assets increased to $136,531,000 in 2025 from $101,505,000 in 2024, representing a 34.5% growth[76] - Total liabilities rose to $65,905,000 in 2025 from $30,295,000 in 2024, marking a 117.5% increase[77] - Cash and cash equivalents decreased to $17,476,000 in 2025 from $25,222,000 in 2024, a decline of 30.9%[78] Impairments and Charges - The company recognized a $7.6 million impairment loss related to its investment in Bodytrak, which has faced ongoing financial difficulties[43] - The company incurred goodwill impairment charges of $10.5 million and impairment of equity method investment of $7.6 million during the year[74] Growth and Market Strategy - The acquisition of Veridian contributed $1.9 million in revenue during Q4'25, with integration progressing well[1][18] - The company is focused on new M&A opportunities in the fire suit rental and decontamination services market to consolidate the fragmented fire market[1][23] - Management expects continued growth and is focusing on strategic acquisitions and market expansion to enhance operational performance[72] Inventory and Receivables - Accounts receivable increased to $27,607,000 in 2025 from $19,169,000 in 2024, reflecting a 44.2% increase[76] - Inventories surged to $82,739,000 in 2025 from $51,250,000 in 2024, a rise of 61.5%[76] Other Financial Metrics - Organic revenue for Q4'25 increased 11% to $33.5 million, reflecting strong growth in the U.S., Canada, and Europe[1][16] - Organic revenue for the year was $133.0 million, an increase of 7.0% from $123.6 million in 2024[57] - The adjusted EBITDA excluding foreign exchange effects was $17.4 million, with an adjusted EBITDA excluding FX margin of 10.4%[57] - Secondary stock offering proceeds contributed $42,626,000 to financing activities in 2025, with no such proceeds reported in 2024[78]

NASDAQ: LAKE Fiscal Fourth Quarter & Full Year 2025 Financial Results Conference Call April 9, 2025 Safe Harbor & Non-GAAP Statements "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995 This presentation contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of fu ...

Financial Data and Key Metrics Changes - Revenue for Q4 2025 grew by $15.4 million, or 49.3%, compared to Q4 2024, totaling $46.6 million [31] - For the full fiscal year 2025, revenues increased by $42.5 million, or 34.1%, reaching $167.2 million [31] - Consolidated gross margin increased by 420 basis points year-over-year from 35.9% to 40.1% in Q4 2025 [32][49] - Net loss for Q4 2025 was $18.4 million, or negative $2.42 per diluted share, compared to a net loss of $1 million, or negative $0.13 per diluted share, in Q4 2024 [32][39] - Adjusted EBITDA excluding FX for Q4 2025 was $6.1 million, an increase of $2.7 million, or 79.4%, compared to Q4 2024 [40][50] Business Line Data and Key Metrics Changes - Fire services product line sales increased by $14.7 million year-over-year, driven by $8.2 million from the LHD acquisition and organic growth of $2.6 million [34] - Disposable sales increased by $1.5 million, or 12%, primarily in the U.S. [34] - Organic gross margin percentage increased to 48.5% from 35.8% for Q4 2024, driven by a positive product mix [36][49] Market Data and Key Metrics Changes - Domestic sales for Q4 2025 were $18.3 million, or 39% of total revenues, while international sales were $28.3 million, or 61% of total revenues [35] - For the full fiscal year 2025, domestic sales were $60.4 million, or 36% of total revenues, and international sales were $106.8 million, or 64% of total revenues [42] - European revenue grew by $10.8 million, or 292%, to $14.5 million [55] Company Strategy and Development Direction - The company is focused on accelerating growth and margins within the global fire turnout gear and industrial PPE markets through strategic acquisitions [7] - Recent acquisitions have expanded the company's footprint in North America, Europe, Asia, Oceania, LATAM, and the Middle East [10] - The company aims to leverage its market position in fire protection premium brands and M&A to accelerate profitable growth in the higher margin fire protection sector [65] Management's Comments on Operating Environment and Future Outlook - Management acknowledges increasing tariff pressures and broader economic uncertainties but views these as opportunities to strengthen operations [20][22] - The company is well-positioned in recession-resistant sectors, providing confidence in its ability to weather near-term challenges [22] - For fiscal year 2026, the company expects revenue of $210 to $220 million and adjusted EBITDA of $24 to $29 million [63][64] Other Important Information - The company completed a $46 million public equity offering to improve its balance sheet and net debt ratio [13] - Goodwill impairment charges of $10.5 million were recorded for Eagle and Pacific Helmets, impacting net loss [32][67] - The company is implementing a company-wide ERP system to enhance operational efficiency [15] Q&A Session Summary Question: Guidance and Tariff Impact - Analyst inquired about the timing of guidance and potential tariff impacts on costs and revenue [79] - Management confirmed that guidance remains unchanged despite tariff uncertainties [80][81] Question: BodyTrack Strategy - Analyst asked about the future of BodyTrack and its sales strategy [84] - Management indicated plans to monetize BodyTrack through patent enforcement and a revised sales strategy [86] Question: Tariff Mitigation Strategies - Analyst questioned the challenges of moving manufacturing to the U.S. [92] - Management discussed exploring options in Mexico and India for manufacturing to mitigate tariff impacts [95][98]