secwatch.observer — SEC 8-K summary
======================================

Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001193125-25-312749
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Q3 net loss $16M, CFO departing Dec 31, dividend suspended, FY2026 guidance withdrawn
--------------------------------------------------------------------------------

- Q3 net sales $47.6M (+4% YoY); net loss $16.0M vs net income $0.1M YoY; adjusted EBITDA ex FX $0.2M (down 95% YoY).
- CFO Roger Shannon to leave Dec 31, 2025; VP Finance J. Calven Swinea appointed interim CFO effective Jan 1, 2026.
- Board suspends quarterly cash dividend; future payments at board discretion based on financial condition.
- Company withdraws FY2026 guidance citing tariffs, certification delays, and tender timing issues.
- Acquired Arizona PPE and California PPE for ~$9.8M; $5.6M HKFSD decontamination contract; $6.1M sale-leaseback of Decatur warehouse.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000119312525312749/0001193125-25-312749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000119312525312749/lake-20251204.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-312749

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer