Lakeland Industries (LAKE)
NASDAQ:LAKE
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Lakeland Industries
(NASDAQ:LAKE)
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Rating:53Neutral
Price Target:
$11.00
▼(-1.79% Downside)
Action:ReiteratedDate:05/08/26
The score is held back primarily by weakened financial performance (losses and ongoing cash burn), partially offset by a still-manageable balance sheet. Technicals show improving near-term momentum, and the latest earnings call added moderate support via FY27 growth and positive operating cash-flow targets, though margin pressure and liquidity constraints remain key risks.
Positive Factors
Strategic pivot to Fire Services
A structural shift toward fire services, driven by acquisitions and certifications, converts the business toward institutional, tender-driven demand. NFPA 1970 certifications and a visible fire pipeline support recurring, higher-probability orders and diversify revenue away from volatile disposables.
Negative Factors
Persistent negative cash flow
Two consecutive years of negative operating and free cash flow signal the business is consuming balance-sheet resources. Sustained cash deficits force reliance on financing or asset sales, constrain reinvestment, and make execution of multi-year turnaround targets dependent on external liquidity events or rapid margin recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic pivot to Fire Services
A structural shift toward fire services, driven by acquisitions and certifications, converts the business toward institutional, tender-driven demand. NFPA 1970 certifications and a visible fire pipeline support recurring, higher-probability orders and diversify revenue away from volatile disposables.
Read all positive factors
Lakeland Industries (LAKE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$104.66M
Dividend Yield1.35%
Average Volume (3M)98.40K
Price to Earnings (P/E)―
Beta (1Y)1.41
Revenue Growth15.21%
EPS Growth-6.88%
CountryUS
Employees2,050
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-2.63
Shares Outstanding9,836,286
10 Day Avg. Volume126,087
30 Day Avg. Volume98,396
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.70
Price to Sales (P/S)0.47
P/FCF Ratio-5.52
Enterprise Value/Market Cap1.33
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit2.20
Enterprise Value/Ebitda-8.99
Forecast
1Y Price Target
$15.50Price Target Upside38.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.16
Revenue Forecast (FY)$205.68M
Lakeland Industries Business Overview & Revenue Model
Company Description
Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory...
How the Company Makes Money
Lakeland Industries makes money primarily by selling PPE and protective apparel to organizations that need safety garments for hazardous, regulated, or contamination-sensitive environments. Revenue is generated through product sales across its mai...
Lakeland Industries Key Performance Indicators (KPIs)
Any
Revenue by Geography
Shows where sales are coming from by region, exposing dependence on domestic versus international markets and potential concentration risk. Useful for assessing growth opportunities abroad, currency or economic exposure, and the impact of local demand swings on overall top‑line performance.
Shows where sales are coming from by region, exposing dependence on domestic versus international markets and potential concentration risk. Useful for assessing growth opportunities abroad, currency or economic exposure, and the impact of local demand swings on overall top‑line performance.
Data provided by:
The Fly
The FlyLakeland Industries Earnings Call Summary
Earnings Call Date:Apr 20, 2026
(Q4-2026)
| % Change Since: |
Next Earnings Date:Jun 10, 2026
Earnings Call Sentiment Neutral
The call highlighted meaningful top-line growth, a successful strategic pivot into fire services (including certifications and acquisitions), improved operational discipline (positive Q4 operating cash, inventory reductions), and several liquidity-enhancing transactions. However, these positives were offset by significant margin compression, a steep decline in adjusted EBITDA, and a material net loss driven mainly by mix shift, underutilized manufacturing capacity, and cost pressures (freight, duties, raw materials, tariffs, certification timing). Management frames the issues as execution and timing problems and laid out a clear set of corrective actions and fiscal 2027 targets (single- to high-single-digit revenue growth and positive operating cash flow). Given the mix of substantial strategic/operational progress and pronounced near-term profitability challenges, the overall tone is balanced and cautious.Positive Updates
Full-Year Revenue Growth
Net sales for fiscal 2026 increased $25.4 million, or 15.2%, to $192.6 million versus fiscal 2025.
Negative Updates
Quarterly Revenue Softness
Net sales in Q4 fiscal 2026 were $45.8 million, down $0.8 million or 1.7% versus the prior-year quarter; Europe Q4 revenue declined $2.4M due primarily to timing of LHD and Jolly orders.
Read all updates
Q4-2026 Updates
Positive
Negative
Full-Year Revenue Growth
Net sales for fiscal 2026 increased $25.4 million, or 15.2%, to $192.6 million versus fiscal 2025.
Read all positive updates
Company Guidance
Management guided fiscal 2027 to single- to high‑single‑digit revenue growth with a clear line of sight to positive cash flow from operations, saying the company is tracking modestly ahead of budget, expects to remain in covenant throughout FY27 after securing a Bank of America waiver, and is in advanced stages of an ABL facility (no assurance). Supporting metrics cited on the call include Q4 operating cash of ~ $2.0M (CFO ~$1.8M), FY26 net sales of $192.6M (up 15.2%), fire revenue $93.6M (up 48.6%) representing ~49% of sales, adjusted EBITDA excl. FX of ~$7.2M for FY26 (3.7% margin) and ~$1.3M in Q4 (2.9% margin), a visible fire pipeline > $130M with > $22M at higher probabilities, year‑end inventory roughly $80–82M, cash of $12.5M plus ~ $14M of post‑period divestiture proceeds, and total borrowings of $32.3M (including $28.5M revolver outstanding and $11.5M available); management said margin recovery will be driven by mix, utilization, pricing and supply‑chain actions.Lakeland Industries Financial Statement Overview
Summary
Income Statement
33
Negative
Balance Sheet
62
Positive
Cash Flow
29
Negative
| Breakdown | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 192.65M | 167.21M | 124.69M | 112.85M | 118.39M |
| Gross Profit | 63.33M | 68.67M | 51.19M | 45.85M | 50.91M |
| EBITDA | -15.51M | -13.39M | 11.52M | 7.01M | 18.04M |
| Net Income | -25.31M | -18.07M | 5.42M | 1.87M | 11.37M |
Balance Sheet | |||||
| Total Assets | 209.93M | 212.53M | 153.75M | 142.94M | 140.79M |
| Cash, Cash Equivalents and Short-Term Investments | 12.52M | 17.48M | 25.22M | 24.64M | 52.72M |
| Total Debt | 47.29M | 31.65M | 12.31M | 5.24M | 4.92M |
| Total Liabilities | 80.81M | 65.91M | 30.30M | 22.95M | 15.69M |
| Stockholders Equity | 129.13M | 146.63M | 123.45M | 119.99M | 125.10M |
Cash Flow | |||||
| Free Cash Flow | -16.42M | -17.42M | 8.84M | -7.44M | 11.98M |
| Operating Cash Flow | -15.75M | -15.88M | 10.91M | -5.45M | 12.78M |
| Investing Cash Flow | -1.18M | -47.74M | -5.12M | -14.77M | -3.58M |
| Financing Cash Flow | 12.51M | 56.59M | -3.45M | -5.88M | -9.80M |
Lakeland Industries Technical Analysis
Positive
11.20
Price Trends
8.96
Positive
9.67
Positive
12.38
Negative
Market Momentum
0.31
Negative
74.04
Negative
74.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LAKE, the sentiment is Positive. The current price of 11.2 is above the 20-day moving average (MA) of 8.61, above the 50-day MA of 8.96, and below the 200-day MA of 12.38, indicating a neutral trend. The MACD of 0.31 indicates Negative momentum. The RSI at 74.04 is Negative, neither overbought nor oversold. The STOCH value of 74.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LAKE.
Lakeland Industries Risk Analysis
Lakeland Industries disclosed 27 risk factors in its most recent earnings report. Lakeland Industries reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Lakeland Industries Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $180.89M | 44.55 | 4.45% | 5.74% | 1.07% | 27.61% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $677.08M | -19.37 | -5.00% | 6.77% | -2.56% | -132.23% | |
57 Neutral | $42.67M | 8.27 | 2.86% | 6.75% | 10.48% | ― | |
54 Neutral | $79.93M | -7.15 | -16.70% | ― | -10.95% | 80.36% | |
53 Neutral | $104.66M | -3.65 | -18.27% | 1.35% | 15.21% | -6.88% | |
46 Neutral | $45.71M | -3.19 | -13.33% | ― | -6.24% | 54.60% |
* Consumer Cyclical Sector Average
LAKE
Lakeland Industries
10.64
-7.06
-39.87%
OXM
Oxford Industries
45.48
-9.02
-16.56%
SGC
Superior Group of Companies
11.57
1.72
17.41%
UFI
Unifi
4.30
-0.38
-8.12%
CULP
Culp
3.61
-0.51
-12.38%
JRSH
Jerash Holdings (US)
3.36
0.15
4.84%
Lakeland Industries Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Lakeland Industries Divests Noncore Lines, Refocuses Core Operations
Positive
Apr 16, 2026
For the fiscal year ended Jan. 31, 2026, Lakeland reported net sales of $192.6 million, up 15% year on year driven by 49% growth in Fire Services, though gross margins compressed and adjusted EBITDA fell amid inflation, tariffs and cost volatility...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Lakeland Industries Divests Noncore Lines, Refocuses Core Operations
Positive
Apr 16, 2026
For the fiscal year ended Jan. 31, 2026, Lakeland reported net sales of $192.6 million, up 15% year on year driven by 49% growth in Fire Services, though gross margins compressed and adjusted EBITDA fell amid inflation, tariffs and cost volatility...
Business Operations and StrategyM&A Transactions
Lakeland Industries Divests Non-Core High-Visibility Workwear Line
Positive
Mar 30, 2026
On March 27, 2026, Lakeland Industries completed the sale of its High Performance Flame Resistant and High-Visibility workwear product line, including ANSI-compliant high-visibility and arc-rated, flame-resistant garments, to U.S.-based National S...
Business Operations and StrategyExecutive/Board Changes
Lakeland Industries Adds Veteran Executive Lee Rudow to Board
Positive
Feb 23, 2026
On February 20, 2026, Lakeland Industries’ board appointed veteran industrial executive Lee D. Rudow as a Class I director, effective April 9, 2026, expanding the board from seven to eight members and bringing the number of independent direc...
Business Operations and StrategyExecutive/Board Changes
Lakeland Industries Names J. Calven Swinea Permanent CFO
Positive
Feb 17, 2026
On February 17, 2026, Lakeland Industries announced that its Board of Directors has appointed J. Calven Swinea as permanent Chief Financial Officer, effective immediately, elevating him from the interim role he assumed on January 1, 2026. Swinea, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.