Core Insights - Lakeland Industries, Inc. has received an order from the Belgian Federal Police and Local Police departments for certified safety footwear, marking the third award in a six-year tender agreement [1][3]. Group 1: Company Overview - Lakeland Fire + Safety is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [1][5]. - The company offers a comprehensive line of fire services and industrial protective clothing, along with decontamination, repair, and rental services [5]. Group 2: Market Presence and Performance - The Belgian Federal Police consists of approximately 12,300 officers and civilian personnel, while there are around 30,000 local police officers across 196 local police areas in Belgium [2]. - The order signifies the strong performance, comfort, and durability of Lakeland's footwear, which has been validated during end-user testing [3]. - The footwear's quality and proven supply reliability have been key strengths in maintaining a long-term partnership with the Belgian police forces [3]. Group 3: Future Opportunities - There is potential for further orders in future contract cycles, indicating a positive outlook for continued collaboration with Belgium's police forces [3]. - The transaction highlights the global reach of Lakeland's products across various geographies and industry verticals, with established relationships and local market knowledge being advantageous [4]. - The company aims to strengthen its leading global fire brand and explore attractive cross-selling opportunities across its markets [4].

Core Viewpoint - The law firm Kirby McInerney LLP is investigating Lakeland Industries, Inc. for potential violations of federal securities laws and other unlawful business practices by the company and/or its senior management [1] Group 1 - Lakeland Industries reported third quarter earnings on December 9, 2025, with net sales of $47.6 million [1]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Investigation and Class Action - Shareholders who purchased Lakeland securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to seek recovery of investor losses [2]. - The investigation follows Lakeland's announcement on December 9, 2025, where the company withdrew its previously issued financial guidance for the 2026 fiscal year and stated it would not provide financial guidance going forward [3]. Group 2: Stock Performance Impact - Following the announcement of the withdrawal of financial guidance, Lakeland's stock experienced a significant decline, falling by 38.97% on December 10, 2025 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company and being ranked highly for securities class action settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Lakeland Industries, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Lakeland has engaged in unlawful business practices that may have led to financial losses for investors [1][2]. Financial Performance - Lakeland reported third-quarter earnings on December 9, 2025, with net sales of $47.6 million for Q3 2026, and an adjusted EBITDA of $200,000, reflecting a decrease of $4.5 million or 95% compared to the prior year [6]. - The company experienced a net loss of $16 million, equating to ($1.64) per basic and diluted share, in contrast to a net income of $100,000 or $0.01 per share in the same quarter of the previous year [6]. - Following the earnings report, Lakeland's stock price dropped by $5.85 per share, or 38.97%, closing at $9.16 per share on December 10, 2025 [6]. Management Commentary - CEO James Jenkins attributed the poor financial results partly to "delays in certification," indicating that the company anticipated certification to occur in March 2026 [6].

Group 1 - The Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information [1] - Lakeland Industries announced the withdrawal of its previously issued financial guidance for the 2026 fiscal year and stated it would not provide financial guidance going forward, leading to a 38.97% drop in stock price on December 10, 2025 [3] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing investors to join without any out-of-pocket fees through a contingency fee arrangement [2] Group 2 - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [4] - In 2019, the firm secured over $438 million for investors, demonstrating its capability in recovering significant amounts for clients [4]

Core Viewpoint - The law firm Kirby McInerney LLP is investigating Lakeland Industries, Inc. for potential violations of federal securities laws or other unlawful business practices related to its recent financial performance [1]. Financial Performance - Lakeland Industries reported net sales of $47.6 million for Q3 2026, with adjusted EBITDA, excluding foreign exchange effects, at $200,000, representing a decrease of $4.5 million or 95% compared to the same period last year [2]. - The company experienced a net loss of $16 million, equating to a loss of $1.64 per basic and diluted share, in contrast to a net income of $100,000 or $0.01 per share in the prior-year quarter [2]. - Following the earnings report, Lakeland's share price fell by $5.85, or approximately 38.97%, from $15.01 on December 9, 2025, to close at $9.16 on December 10, 2025 [2]. Management Commentary - CEO James Jenkins attributed the disappointing results partly to "delays in certification," indicating that the company was aware of the certification timeline, which was expected in March 2026 [2].

Core Insights - Lakeland Industries has achieved NFPA 1970:2025 certification for its Ultimate Glow+ Leather Firefighting Gloves, marking a significant milestone in firefighter protection and compliance [1][2][3] Group 1: Product Certification - The NFPA 1970:2025 standard introduces stringent requirements for structural firefighter gloves, focusing on heat resistance, dexterity, durability, and performance under extreme conditions [2] - The certification highlights Lakeland's capability to innovate while ensuring high quality and safety standards [2][3] - The Ultimate Glow+ Leather Firefighting Gloves are expected to be available in the market shortly [2] Group 2: Company Positioning - Lakeland is believed to be the first company to announce an NFPA 1970:2025 certified glove ready for full production, reinforcing its leadership in firefighter personal protective equipment (PPE) innovation [4] - The gloves meet the NFPA 1970:2025 restricted substances list, indicating a commitment to safety and compliance [3] Group 3: Company Overview - Lakeland Fire + Safety manufactures a wide range of protective clothing and accessories for various industries, including fire services and first responders [5] - The company operates globally, selling products through in-house sales teams and authorized distributors across more than 50 countries [5]

Group 1 - Lakeland Industries, Inc. specializes in manufacturing and selling protective clothing for industrial and public safety applications [1] - Jenkins James M., the director, President, CEO, and Executive Chair of LAKE, purchased 1,126.502 shares at $8.88 per share, increasing his total ownership to 94,564.502 shares [1][6] - The company is under investigation by Rosen Law Firm and Pomerantz LLP for potential securities claims related to allegations of misleading investors [2][6] Group 2 - Following the announcement of withdrawing formal guidance and adopting a new operating model, Lakeland's stock price dropped by $5.85 per share, or nearly 39%, closing at $9.16 [3][6] - Lakeland's negative price-to-earnings (P/E) ratio is -2.43, and the negative earnings yield is -41.21%, indicating ongoing financial challenges [3][6] - The company's price-to-sales ratio is 0.47, suggesting its stock is valued at less than half of its sales per share, while the enterprise value to sales ratio is 0.65 [4] - Lakeland maintains a strong current ratio of 3.83, indicating a good ability to cover short-term liabilities with short-term assets [4] - The debt-to-equity ratio is 0.39, showing a moderate level of debt compared to equity, but the enterprise value to operating cash flow ratio is -7.84, highlighting difficulties in generating positive cash flow [5]

Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information [1] - Shareholders who purchased Lakeland securities may be entitled to compensation without any out-of-pocket fees or costs through a contingency fee arrangement [1]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving Lakeland Industries and its officers or directors [1] Group 1: Financial Performance - On December 8, 2025, Lakeland reported its third quarter financial results and announced the withdrawal of formal guidance, indicating a shift to a more disciplined operating model focused on measurable execution, cash generation, and transparency [3] - Following this announcement, Lakeland's stock price dropped by $5.85 per share, representing a decline of 38.97%, closing at $9.16 per share on December 10, 2025 [3] Group 2: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of investors of Lakeland Industries regarding possible securities fraud or other unlawful business practices [1] - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]