Lakeland Industries, Inc. - Common Stock (LAKE)

Longstanding Partner Extends Relationship with Lakeland LHD for Up to 12 Years for Apparel and Decontamination Services

HUNTSVILLE, Ala., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQLAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Board of Directors declared a cash dividend for its fiscal first quarter of 2026 of $0.03 per share. The dividend will be paid on February 24, 2025, to stockholders of record as of February 17, 2025.

Lakeland (NASDAQLAKE) (Lakeland Fire + Safety), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, has closed an underwritten public offering of 2,093,000 shares of its common stock, which includes 273,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. The shares were each sold at a public offering price of $22. Roth Capital Partners acted as sole book-running manager for the offering.

9,000+ Government Entities Able to Procure Lakeland's Product Portfolio through the HGACBuy Program

Strategic Acquisition Expands Lakeland's Global Fire Services Portfolio with Veridian's Leading Firefighter Protective Apparel Offering

Net Sales Increased 45% to a Record $45.8 Million Led by a 245% Increase in Fire Services Products

Net sales of $38.5 million and gross margin of 39.6%

Strategic Acquisition Enhances Lakeland's Global Presence and Fire Service Offering

HUNTSVILLE, AL / ACCESS Newswire / January 24, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQLAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced the closing of its previously announced underwritten public offering of an aggregate of 2,093,000 shares of its common stock at a price to the public of $22.00 per share, which includes the exercise in full by the underwriter of its option to purchase 273,000 additional shares of Lakeland's common stock. Gross proceeds to Lakeland, before deducting the underwriting discount and estimated offering expenses payable by Lakeland, were approximately $46.0 million.

HUNTSVILLE, AL / ACCESS Newswire / January 23, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQLAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced that it has priced its underwritten public offering of 1,820,000 shares of its common stock at a public offering price of $22.00 per share.

HUNTSVILLE, AL / ACCESS Newswire / January 22, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQLAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced a proposed underwritten public offering of shares of its common stock. Lakeland also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of its common stock in the underwritten public offering on the same terms and conditions. All of the shares of common stock to be sold in the offering are to be sold by Lakeland.

HUNTSVILLE, AL / ACCESSWIRE / December 3, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, today announced that management will attend the Benchmark 13thAnnual Discovery One-on-One Conference and the 13th Annual ROTH Deer Valley Event in December 2024.

HUNTSVILLE, AL / ACCESSWIRE / November 21, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, will host a conference call on Thursday, December 5, 2024, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal year 2025 third quarter ended October 31, 2024. A press release detailing these results will be issued prior to the call.

Barry Phillips joins as Senior Vice President of Global Sales

Updated Webcast Link

Net sales of $36.3 million and gross margin of 44.6%

HUNTSVILLE, AL / ACCESSWIRE / November 1, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state, and local levels, today announced that its Board of Directors declared a cash dividend for its fiscal fourth quarter of 2025 of $0.03 per share. The dividend will be paid on November 22, 2024, to stockholders of record as of November 15, 2024.

HUNTSVILLE, AL / ACCESSWIRE / October 16, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

HUNTSVILLE, AL / ACCESSWIRE / August 21, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2025 second quarter ended July 31, 2024, on Wednesday, September 4, 2024, after the closing of the stock market. The conference call and live webcast will be held on Thursday, September 5, 2024, at 12:00 p.m. eastern, and will be available on the Investor Relations page of the Company's website.

HUNTSVILLE, AL / ACCESSWIRE / August 14, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, today announced that Jim Jenkins, CEO, President and Executive Chairman and Roger Shannon, Chief Financial Officer will attend the 4th Annual CEO Networking Event hosted by Semco Capital at the Wildfire Restaurant at 159 West Erie Street in Chicago on Thursday, August 15, 2024. Mr. Jenkins and Mr. Shannon will participate in a fireside chat hosted by Scott Weis of Semco Capital and be available for questions.

HUNTSVILLE, AL / ACCESSWIRE / August 1, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective apparel for industry, healthcare and first responders on the federal, state and local levels, today announced the appointment of Laurel Yartz as Chief Human Resources Officer. This newly created position underscores Lakeland's commitment to enhancing its human capital strategies and driving organizational excellence as it continues to expand its fire services, industrial and safety products globally through organic growth and strategic acquisitions.

As the new CEO, James M. Jenkins will leverage Lakeland's strong competitive advantages to deliver improved results and sustainable growth for shareholders.

HUNTSVILLE, AL / ACCESSWIRE / July 12, 2024 / Lakeland Industries, Inc. (NASDAQLAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, announced today that it has filed a shelf registration statement on Form S-3 (the "Shelf Registration") with the Securities and Exchange Commission (the "SEC").

HUNTSVILLE, AL / ACCESSWIRE / May 22, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state and local levels, will release its financial results for the fiscal 2025 first quarter ended April 30, 2024, on Tuesday, June 4, 2024, after the closing of the stock market. The conference call and live webcast will be held on Wednesday, June 5, 2024, at 12:00 p.m. eastern, and will be available on the Investor Relations page of the Company's website.

HUNTSVILLE, AL / ACCESSWIRE / May 1, 2024 / Lakeland Industries, Inc. (NASDAQLAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and first responders on the federal, state, and local levels, today announced that its Board of Directors declared a cash dividend for its fiscal second quarter of 2025 of $0.03 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of May 15, 2024.