secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001654954-24-007353
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Industries Q1 FY25: Net sales $36.3M (+27% YoY); Fire services up 92%; guides higher
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495424007353/0001654954-24-007353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495424007353/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-007353

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