secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0001193125-25-137813
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Q1 net loss $3.9M, revenue record $46.7M (+29%) but margins compressed by tariffs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000119312525137813/0001193125-25-137813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000119312525137813/d10408d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-137813

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