Lakeland Q2 FY27 net sales down 4.5% to $50.1M; net loss $4.9M vs prior-year profit

LAKELAND INDUSTRIES INC

Net sales $50.1M, down 4.5% YoY; gross margin improved 114 bps to 37.0%.
Net loss of $4.9M vs $0.8M income in Q2 FY26; adjusted EBITDA $1.4M, down 72.8%.
Adjusted EBITDA ex FX $2.7M, more than doubled sequentially from Q1 FY27.
Operating cash flow YTD $5.4M, up $15.1M YoY; inventory down $15.3M.
Fire segment sales increased 12% sequentially; tender momentum building globally.

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