AcquisitionsThe acquisition of Veridian is expected to drive increased sales and EBITDA for Lakeland Industries.
Financial PerformanceWith Veridian and LHD making a full year contribution to FY26, net sales growth of 18.8% to $198.2M and adjusted EBITDA growth of 58.3% to $28.9M are forecasted.
Revenue GrowthLAKE raised FY25 guidance for revenue to a range of $160M–$170M, up 28%–36%, and for adjusted EBITDA to a range of $18M–$21.5M, up 50%–80%.