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Lakeland Industries Inc LAKE

Lakeland Industries, Inc. manufactures and sells a line of industrial protective clothing and accessories for the industrial and public protective clothing market. Its product categories include firefighter protective apparel and accessories, high-end chemical protective suits, limited use/disposable protective clothing, durable woven garments, high visibility clothing and gloves and sleeves. Its products are sold globally by its in-house sales teams, its customer service group, and authorized independent sales representatives to a network of over 2,000 safety and industrial supply distributors. Its authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical and high technology electronics manufacturers and scientific, medical laboratories and the utilities industry. It offers structural firefighting, wildland firefighting and technical rescue helmets.


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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