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Lakeland Industries, Inc. (NASDAQ:LAKE) Surpasses Earnings Expectations
Financial Modeling Prepยท 2025-09-10 03:00
Lakeland Industries, Inc. (NASDAQ:LAKE) reported earnings per share of $0.08, beating the estimated loss of $0.04.The company saw a 36% increase in net sales, driven by a 113% rise in fire services product sales.Lakeland's gross margin improved by 240 basis points to 35.9%, with a strong current ratio of 3.88.Lakeland Industries, Inc. (NASDAQ:LAKE) is a company that specializes in manufacturing and selling protective clothing for industrial and public safety markets. The company operates globally, with sign ...