secwatch / observer
8-K filed June 7, 2023, 7:59 PM ET ticker LAKE CIK 0000798081
earnings confidence high sentiment positive materiality 0.65

Lakeland Q1 net sales up 5.2% to $28.7M; gross margin 43.4%

LAKELAND INDUSTRIES INC

2024-Q1 EPS reported $0.18 revenue$6,000,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LAKELAND INDUSTRIES INC reported fiscal 2024 first quarter ended April 30, 2023 results: revenue $28.7 million, net income $1.3 million, EPS $0.18 per basic common share.

Period
fiscal 2024 first quarter ended April 30, 2023
Revenue
$28.7 million
Net income
$1.3 million
EPS
$0.18 per basic common share
Result
reported results
Exact text from the filing
Lakeland Industries, Inc. Reports Fiscal 202 4 First Quarter Financial Results Net sales of $28.7 million and gross margin of 43.4% Strong growth in high-value, strategic product lines, led by 103% increase in Fire HUNTSVILLE, AL / ACCESSWIRE / June 7, 2023 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the “Company” or “Lakeland”), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced financial results for its fiscal 2024 first quarter ended April 30, 2023. Fiscal 2024 First Quarter Financial Results Highlights · Net sales of $28.7 million, up 5.2% year-over-year · Gross margin of 43.4%, compared to 40.5% in the prior year period · Net income of $1.3 million or $0.18 per basic common share in 1Q24 · Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA)* of $2.8 million in 1Q24, compared to $2.3 million in 1Q23
View on SEC.gov

Browse all earnings releases →

LAKELAND INDUSTRIES INC filing history →

Source: SEC EDGAR
accession 0001654954-23-007760
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.