Cuts FY26 adjusted EBITDA view to $20M-$24M from $24M-$29M. “Looking further ahead, Lakeland is incredibly well-positioned to capitalize on long-term industry tailwinds and structural shifts in global safety standards. Over the next three to five years, we expect to unlock substantial value through our ongoing transition to higher-margin product and service categories, accelerated innovation, and enhanced customer engagement across both developed and emerging markets. Our expanded commercial and operational footprint, combined with a relentless focus on efficiency and agility, supports our ambition to become the most trusted name in high-performance protective gear globally. We see a clear path to scaling our business profitably, achieving record levels of revenue, margin, and free cash flow, while deepening our role as a mission-critical partner for safety professionals worldwide. We look forward to sharing upcoming milestones in the weeks and months ahead and at the upcoming Lake Street 9th Annual Best Ideas Growth Conference and the D.A. Davidson 24th Annual Diversified Industrials & Services Conference this month,” concluded Jenkins.
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