secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001654954-24-015211
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lakeland Industries Q3 FY2025 net sales record $45.8M (+44.5% YoY); reiterates FY2025 guidance
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- Net sales record $45.8M, +44.5% YoY; organic revenue +7.3% to $34.0M.
- Fire Services sales $19.3M, +245% YoY; LATAM +20%, Europe +350% (including Eagle).
- Gross profit $18.6M, +38.9% YoY; organic gross margin up 200bps to 44.2%.
- GAAP net income $0.1M vs $2.6M; adjusted EBITDA ex-FX $4.7M, +4.9%.
- Reiterates FY2025 revenue ≥$165M and adjusted EBITDA ex-FX ≥$18M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495424015211/0001654954-24-015211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495424015211/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-015211

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