Lakeland Industries, Inc. ( (LAKE) ) has released its Q4 earnings. Here is a breakdown of the information Lakeland Industries, Inc. presented to its investors.
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Lakeland Industries, Inc., a prominent global manufacturer of protective clothing and apparel for industry, healthcare, and first responders, has reported its financial results for the fiscal fourth quarter and full year 2025. The company is known for its comprehensive line of fire services and industrial protective clothing, serving a wide range of industries and governmental agencies worldwide.
In its latest earnings report, Lakeland Industries announced a significant increase in net sales for the fourth quarter of fiscal 2025, reaching a record $46.6 million, a 49% rise compared to the same period last year. This growth was primarily driven by a remarkable 226% increase in sales of Fire Services products. However, the company reported a net loss of $18.4 million for the quarter, attributed to non-cash goodwill impairments and equity investment write-offs.
Key financial highlights include a 67% increase in gross profit to $18.7 million for the fourth quarter, driven by strong organic revenue growth and improved product mix. The company also reported an adjusted EBITDA excluding foreign exchange impacts of $6.1 million for the quarter. Lakeland Industries has implemented tariff mitigation measures and expanded its manufacturing capabilities in the U.S. and Mexico to address potential tariff impacts.
Looking ahead, Lakeland Industries has provided revenue guidance for fiscal 2026, expecting between $210 million and $220 million, with adjusted EBITDA excluding FX projected to be between $24 million and $29 million. The company remains focused on expanding its fire services and industrial verticals, leveraging recent acquisitions, and exploring new M&A opportunities to consolidate the fragmented fire market.
Lakeland Industries’ management is optimistic about the company’s future growth prospects, emphasizing the strategic acquisitions and operational efficiencies that are expected to drive higher margins and revenue growth in the coming fiscal year.
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