Lakeland Q2 net sales up 36% to $52.5M; adj EBITDA ex-FX $5.1M; FY guidance trimmed

LAKELAND INDUSTRIES INC

2025-Q2 EPS reported -$0.33 revenue$99,242,000

Record Q2 revenue of $52.5M, +36% YoY; Fire Services surged 113% to $25.6M (49% of total).
Net income of $0.8M ($0.08 EPS) vs. loss of $1.4M; adjusted EBITDA ex-FX up 89% to $5.1M.
FY26 guidance updated: revenue near low end of $210-220M range; adj EBITDA ex-FX $20-24M.
Closed $6.1M sale/leaseback of Decatur, AL warehouse; repaid revolver; OpEx reduction $4M annual target.
Impaired Monterrey facility lease for $3.6M; closed Hull/Quitman facilities for ~$1M annual savings.

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