secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001654954-23-007760
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495423007760/0001654954-23-007760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495423007760/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-007760

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