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Lakeland Industries ( (LAKE) ) has issued an update.
Lakeland Industries reported a significant 36% increase in net sales for the fiscal second quarter of 2026, reaching a record $52.5 million, primarily driven by a 113% surge in Fire Services products. Despite challenges in Latin America and delays in governmental funding affecting some regions, the company saw strong performances in North America, Europe, and other markets. The company is focusing on inventory optimization and expects to capitalize on upcoming tender cycles and long-term industry trends to enhance its market position and financial performance.
The most recent analyst rating on (LAKE) stock is a Hold with a $15.50 price target. To see the full list of analyst forecasts on Lakeland Industries stock, see the LAKE Stock Forecast page.
Spark’s Take on LAKE Stock
According to Spark, TipRanks’ AI Analyst, LAKE is a Neutral.
Lakeland Industries’ overall score reflects strong revenue growth and acquisition success, as highlighted in the earnings call. However, significant profitability and cash flow challenges weigh heavily on the financial performance score, and valuation concerns persist due to a negative P/E ratio.
To see Spark’s full report on LAKE stock, click here.
More about Lakeland Industries
Lakeland Industries, Inc., known as Lakeland Fire + Safety, is a leading global manufacturer of protective clothing and apparel for industry, healthcare, and first responders.
Average Trading Volume: 164,857
Technical Sentiment Signal: Sell
Current Market Cap: $142.7M
For an in-depth examination of LAKE stock, go to TipRanks’ Overview page.