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Lakeland Fire + Safety Added to Russell 3000® and Russell 2000® Indexes
Globenewswire· 2025-06-30 17:00
Company Overview - Lakeland Industries, Inc. is a leading global manufacturer of protective clothing and apparel for industry, healthcare, and first responders [1] - The company has a comprehensive line of fire services and industrial protective clothing and accessories, sold globally through various distribution channels [6][7] Recent Developments - Lakeland has been added to the Russell 3000 Index and Russell 2000 Index effective after the U.S. market close on June 27, 2025, as part of FTSE Russell's annual reconstitution [1][2] - The company reported a sales revenue growth of 29%, driven by a 100% increase in Fire Services revenue [2] Strategic Initiatives - Lakeland has completed four acquisitions in the past twelve months and is actively pursuing further M&A opportunities, particularly in the fire suit rental, decontamination, and services sectors [2] - The company aims to consolidate the fragmented fire market and expand its global product offerings and customer base [2] Market Context - The Russell indexes are widely utilized by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [3] - FTSE Russell, the global index provider, calculates thousands of indexes covering 98% of the investable market globally, with about $18.1 trillion benchmarked to its indexes [4]
Lakeland Fire + Safety to Attend the 15th Annual ROTH London Conference
Globenewswire· 2025-06-12 12:31
Company Overview - Lakeland Industries, Inc. is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [4] - The company offers a comprehensive line of fire services and industrial protective clothing and accessories, sold globally through in-house sales teams and authorized independent sales representatives [4] - Lakeland serves a diverse range of end users including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, and governmental agencies [4] Upcoming Event - Jim Jenkins, CEO, and Roger Shannon, CFO, will attend the 15th Annual ROTH London Conference from June 24-26, 2025 [1][3] - The event will feature one-on-one and small group meetings with institutional investors [2][3] - The conference will take place at the Four Seasons Hotel London at Park Lane [3]
Lakeland Fire + Safety to Attend the 6th Annual CEO Networking Event Hosted by Semco Capital
Globenewswire· 2025-05-22 20:01
Company Overview - Lakeland Industries, Inc. is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [4] - The company offers a comprehensive line of fire services and industrial protective clothing and accessories, catering to a wide range of end users such as integrated oil, chemical/petrochemical, and governmental agencies [4] Event Participation - Jim Jenkins, CEO, and Roger Shannon, CFO, will attend the 6th Annual CEO Networking Event hosted by Semco Capital on June 2, 2025, in Chicago [1][3] - The event will feature a fireside chat and small group investor meetings, providing an opportunity for investors to engage with the company's leadership [2][3] Market Reach - Lakeland's products are sold globally, with significant sales in over 50 foreign countries, including China, Canada, and various countries in Europe and Latin America [4] - The company serves a strategic global network of selective fire and industrial distributors and wholesale partners [4]
Lakeland Fire + Safety Declares Cash Dividend for Second Quarter 2026
Globenewswire· 2025-05-01 20:05
Core Points - Lakeland Industries, Inc. declared a cash dividend of $0.03 per share for its fiscal second quarter of 2026, payable on May 22, 2025, to stockholders of record as of May 15, 2025 [1] Company Overview - Lakeland Fire + Safety manufactures and sells a comprehensive line of protective clothing and accessories for industrial and first responder markets, with a global sales network [2] - The company supplies products to various end users, including sectors such as oil, chemical, automotive, construction, and government agencies [2] - Lakeland operates internationally, selling to over 50 countries, with significant sales in China, the EEC, Canada, and several Latin American and Asian countries [2]