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Lakeland Industries Inc LAKE

Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells industrial protective clothing and accessories for the industrial and first responder markets. It offers firefighter protective apparel and accessories; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments; high performance FR/AR apparel; and services for the inspection, cleaning, decontamination, maintenance, and repair of firefighting protective apparel. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glas...


NDAQ:LAKE - Post by User

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  • MikeTesterX
Post by MikeTesteron Jan 24, 2025 6:41am
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Post# 36418477

Lakeland Industries (NASDAQ:LAKE): A Safety Solutions Provid

Lakeland Industries (NASDAQ:LAKE): A Safety Solutions ProvidLooks like LAKE is making some serious moves in the safety gear space. Grabbed some shares after seeing their Q2 numbers. 16.3% revenue growth is solid, even with the small net loss. Their fire services acquisitions in Europe look strategic - LHD Group and Jolly Scarpe are nice adds to expand global footprint. International sales killing it at 68% of revenue in Q2, with Latin America up 63% YoY. Manufacturing in 7 countries gives them serious supply chain resilience. Rebranding to "Lakeland Fire & Safety" shows they're laser focused on worker protection markets.BTW, BeyondSPX has high quality in-depth analysis on just about every US stock out there, even microcaps, for free. Definitely worth checking out for research.                         https://beyondspx.com/article/lakeland-industries-nasdaqlake-a-safety-solutions-provider-navigating-global-challenges





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