earnings
confidence high
sentiment negative
materiality 0.80
Lakeland Q1 net loss $3.9M, revenue record $46.7M (+29%) but margins compressed by tariffs
LAKELAND INDUSTRIES INC
2025-Q1 EPS reported
-$0.41
revenue$46,746,000
- Revenue $46.7M (+29% YoY); net loss $3.9M ($0.41 diluted EPS) vs profit $1.7M ($0.22 EPS) a year ago.
- Fire services revenue jumped 100% to $21M (45% of total); U.S. sales +42% to $22.5M, Europe +102% to $12.1M.
- Gross margin fell to 33.5% (44.6% prior) on shift to lower-margin regions, acquisition accounting, and higher costs.
- Adjusted EBITDA excl FX $0.6M, down 84% from $3.8M; company cites purchase variance, elevated freight, and tariff inventory build.
- FY 2026 revenue and adjusted EBITDA excl FX guidance reaffirmed; expects sequential margin improvement in Q2.
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