Law Offices of Howard G. Smith Encourages Lakeland Industries, Inc. (LAKE) Shareholders to Inquire About Securities Fraud Class Action
On September 4, 2024, Lakeland released second quarter 2025 financial results, reporting revenue of $38.51 million, missing consensus estimates by $1.39 million, due to "shipment timing†and delayed orders. On this news, Lakeland's stock price fell $1.86, or 7.8%, to close at $21.92 per share on September 5, 2024, thereby injuring investors. Then, on April 9, 2025, Lakeland released fourth quarter and full year 2025 financial results, again missing consensus estimates and its own guidance, due to "a large Jo ...