earnings
confidence high
sentiment positive
materiality 0.75
Lakeland Industries Q1 FY25: Net sales $36.3M (+27% YoY); Fire services up 92%; guides higher
LAKELAND INDUSTRIES INC
2025-Q1 EPS reported
$0.22
revenue$6,300,000
- Net sales $36.3M, up 27% YoY; organic revenue $32.4M (+13% YoY).
- Gross margin improved to 44.6% from 43.4%; net income $1.7M ($0.22/sh) vs $1.3M ($0.18/sh).
- Fire services revenue surged 92% YoY; acquisitions Jolly ($2.2M) and Pacific Helmets ($1.7M) added.
- Adjusted EBITDA $3.9M vs $2.8M; company raised FY25 revenue and Adjusted EBITDA guidance.