---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-007760"
form_type: "8-K"
ticker: "LAKE"
cik: "0000798081"
company_name: "LAKELAND INDUSTRIES INC"
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T06:12:51.019110+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Net sales $28.7M, +5.2% YoY; gross margin 43.4% vs 40.5% in prior year.
- Net income $1.3M ($0.18 basic EPS); Adjusted EBITDA $2.8M vs $2.3M YoY.
- Fire product line sales surged 103% year-over-year, driving strategic growth.
- No changes to fiscal 2024 guidance were announced in the release.

## SEC filing metadata
- accession: 0001654954-23-007760
- form_type: 8-K
- ticker: LAKE
- cik: 0000798081
- company_name: LAKELAND INDUSTRIES INC
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798081/000165495423007760/0001654954-23-007760-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798081/000165495423007760/lake_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-007760
- JSON: https://secwatch.observer/filing/0001654954-23-007760.json
- Plain text: https://secwatch.observer/filing/0001654954-23-007760.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/798081/000165495423007760/0001654954-23-007760-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.