secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001654954-23-011620
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Q2 net sales up 17.3% to $33.1M; net income $2.5M vs loss of $0.9M a year ago
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- Net sales of $33.1M (+17.3% YoY); gross margin expanded to 42.9% from 41.3%.
- Net income of $2.5M ($0.32 diluted EPS) compared to net loss of $0.9M ($0.11 loss) last year.
- Adjusted EBITDA of $4.2M vs $2.5M; margin 12.6% vs 9.0%.
- Fire service product line surged 202% year-over-year, driving high-value strategic growth.
- Eagle Technical Products acquisition contributed to strong organic growth in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495423011620/0001654954-23-011620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495423011620/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-011620

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