Lakeland Industries, Inc. (NASDAQ:LAKE) Q2 2023 Earnings Conference Call September 8, 2022 4:30 PM ET Company Participants Charles Roberson - President & CEO Allen Dillard - COO & CFO Conference Call Participants Alex Fuhrman - Craig-Hallum Operator Good day, and welcome to the Lakeland Industries Fiscal 2023 Second Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be opened for your questions and comments following the presentation. During today' ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2022 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) (State or O ...

Lakeland Industries, Inc. (NASDAQ:LAKE) Q1 2023 Earnings Conference Call June 9, 2022 4:30 PM ET Company Participants Charles Roberson - President and CEO Allen Dillard - COO and CFO Conference Call Participants Alex Fuhrman - Craig-Hallum Operator Good day and welcome to the Lakeland Industries Fiscal 2023 First Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be opened for your questions and comments following the presentation. During today's c ...

Financial Performance - Consolidated external sales decreased to $27.28 million in Q1 FY22, down 19.9% from $34.10 million in Q1 FY21[69] - Gross profit for Q1 FY22 was $11.1 million, a decrease of 25% from $14.8 million in Q1 FY21, with gross profit margin dropping to 40.5%[70] - Operating profit fell to $1.4 million in Q1 FY22 from $6.6 million in Q1 FY21, resulting in an operating margin of 5.3%[71] - Net income decreased by $3.9 million to $1.1 million in Q1 FY22 compared to $5.0 million in Q1 FY21[73] Cash Flow and Liquidity - Cash and cash equivalents were approximately $50.8 million as of April 30, 2022, with a decrease of $1.9 million from January 31, 2022[74] - Net cash provided by operating activities was $1.9 million for Q1 FY22, primarily due to net income of $1.1 million[78] Sales and Market Challenges - The company experienced a decrease in sales to international customers, with net sales of $16.0 million in Q1 FY22 compared to $18.4 million in Q1 FY21[64] - Operating expenses increased by 18.5% to $9.6 million in Q1 FY22, primarily due to higher travel, trade show, and administrative expenses[70] - The company is facing challenges related to hiring, retention, and wage inflation, which may impact future growth[67] Strategic Initiatives - Manufacturing operations in China and Mexico are being expanded to control rising costs and achieve growth objectives[63] - The Company entered into a Loan Agreement providing a secured $12.5 million revolving credit facility, with a potential increase to $17.5 million[80] - An Amendment to the Loan Agreement increased the credit limit from $12.5 million to $25.0 million, allowing acquisitions up to $7.5 million individually or $15.0 million cumulatively without prior consent[81] - The Loan Agreement requires a Funded Debt to EBITDA ratio of 3.0 to 1.0 or less and a Basic Fixed Charge Coverage Ratio of at least 1.15 to 1.0, with compliance confirmed as of April 30, 2022[82] - The Company approved a stock repurchase program allowing repurchases of up to $5 million, with an additional $5 million authorized later, and approximately $0.4 million remaining as of April 30, 2022[84] - Capital expenditures for the first three months of FY23 were $0.4 million, with an anticipated total of approximately $3.0 million for FY23, focusing on ERP deployment and strategic capacity expansion[85]

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, 2022 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 ...

Lakeland Industries, Inc. (NASDAQ:LAKE) Q4 2022 Earnings Conference Call April 18, 2022 4:30 PM ET Company Participants Charles Roberson - President and CEO Allen Dillard - Chief Operating and Financial Officer Conference Call Participants Alex Fuhrman - Craig-Hallum Operator Good day, and welcome to the Lakeland Industries Preliminary Fiscal 2022 Fourth Quarter Financial Results Conference Call. All lines have been placed on a listen-only mode and the floor will be opened for your questions and comments fo ...

Lakeland Industries, Inc. (NASDAQ:LAKE) Q3 2022 Earnings Conference Call December 9, 2021 4:30 PM ET Company Participants Charles Roberson - President and CEO Allen Dillard - CFO Conference Call Participants Alex Fuhrman - Craig-Hallum Capital Group. Operator Before we begin, parties are reminded that statements made during this call contained forward-looking information within the meanings of the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements are all statements o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2021 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. Indicate by check mark whether the registrant (1) has filed all ...

Lakeland Industries, Inc. (NASDAQ:LAKE) Q2 2022 Earnings Conference Call September 9, 2021 4:30 PM ET CorporateParticipants Charles Roberson - President and Chief Executive Officer Allen Dillard - Chief Financial Officer ConferenceCall Participants Alex Fuhrman - Craig-Hallum Mark Imbertson - Private Investor Operator Good day and welcome to your Lakeland Industries Fiscal 2022 Second Quarter Financial Results and Conduct Conference Call. All lines have been placed on a listen-only mode and the floor will b ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2021 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 ...