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Lakeland Industries ( (LAKE) ) just unveiled an announcement.
Lakeland Industries reported a 29% increase in net sales for the fiscal first quarter of 2026, reaching a record $46.7 million, driven by a 100% increase in Fire Services revenue. Despite the growth, the company faced challenges in Latin America and Canada due to shipment timing and tariff-related delays, impacting gross profit and adjusted EBITDA. The company remains optimistic about future growth, focusing on expanding opportunities in Latin America and pursuing M&A opportunities to consolidate the fragmented fire market.
The most recent analyst rating on (LAKE) stock is a Buy with a $27.00 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 significant financial and valuation challenges, which are partially mitigated by strategic initiatives and technical indicators showing some positive momentum. The earnings call provides a balanced view, with both growth opportunities and operational risks.
To see Spark’s full report on LAKE stock, click here.
More about Lakeland Industries
Lakeland Industries, Inc., also known as Lakeland Fire + Safety, is a leading global manufacturer of protective clothing and apparel designed for industry, healthcare, and first responders.
Average Trading Volume: 86,761
Technical Sentiment Signal: Sell
Current Market Cap: $171.4M
See more data about LAKE stock on TipRanks’ Stock Analysis page.