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Lakeland Fire + Safety to Host Fiscal Second Quarter 2026 Financial Results Conference Call on Tuesday, September 9, 2025 at 4:30 p.m. Eastern Time
Globenewswire· 2025-08-26 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 [3] - The company offers a comprehensive line of fire services and industrial protective clothing and accessories, catering to a wide range of industries such as oil, chemical, automotive, construction, and pharmaceuticals [3] Upcoming Financial Results - Lakeland will host a conference call on September 9, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal second quarter of 2026, which ended on July 31, 2025 [1][2] - A press release detailing these financial results will be issued prior to the call [1] Conference Call Details - The call will be led by Lakeland's President and CEO Jim Jenkins, and CFO Roger Shannon, followed by a question-and-answer session [2] - Access information for the call includes a dial-in number and a webcast link, with a replay available for three months post-call [2] Global Sales and Distribution - Lakeland's products are sold globally through in-house sales teams and authorized independent sales representatives, reaching over 50 countries [3] - The company supplies to various end-users including governmental agencies, fire departments, and law enforcement, as well as industries like high-tech electronics and medical laboratories [3]
Lakeland Fire + Safety Declares Cash Dividend for Third Quarter 2026
Globenewswire· 2025-08-01 20:05
Core Points - Lakeland Industries, Inc. declared a cash dividend of $0.03 per share for its fiscal third quarter of 2026, payable on August 22, 2025, to stockholders of record as of August 15, 2025 [1] Company Overview - Lakeland Fire + Safety is a global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [2] - The company sells a comprehensive line of fire services and industrial protective clothing and accessories through in-house sales teams and authorized independent sales representatives [2] - Lakeland's products are distributed globally, serving industries such as oil, chemical, automobile, transportation, and healthcare, among others [2] - The company has a diverse international market presence, selling to over 50 countries, with significant sales in China, the EEC, Canada, and several Latin American countries [2]
Lakeland Fire + Safety Announces Closure of Hull, UK and Quitman, Arkansas Facilities as Part of Strategic Consolidation Plan
Globenewswire· 2025-07-21 12:31
Core Viewpoint - Lakeland Industries is implementing a cost reduction strategy that includes the closure of two facilities, aiming for a total annual savings of $4 million to enhance operational efficiency and profitability [1][2]. Group 1: Cost Reduction Initiatives - The planned closures of the Hull warehouse and Quitman manufacturing facility are expected to generate annual savings of approximately $1 million for the remainder of fiscal year 2026 [2]. - Additional initiatives have been identified that are projected to yield an extra $3 million in annualized savings, with benefits anticipated in the second half of fiscal 2026 [2]. Group 2: Strategic Focus - The company is focused on operational efficiency, regional consolidation, and long-term growth, as stated by the CEO [3]. - Lakeland is committed to supporting affected employees and maintaining service continuity for its global customer base [3]. Group 3: Future Plans - Over the next 12 to 24 months, Lakeland will continue to consolidate warehousing, logistics, and manufacturing operations globally to create a more agile and cost-effective organization [4]. - The company is rolling out a global ERP system and implementing Lean Six Sigma initiatives to improve planning accuracy, forecasting capabilities, and operational intelligence [4].
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]