Lakeland reports Q2 2027 financial results
Revenue fell 4.5% YoY to $50.1M but gross margin rose to 37.0%. Fire sales drove growth, while Adjusted EBITDA doubled sequentially to $2.7M.
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Protective clothing and equipment manufacturer
lakeland.comLast updated
In short: Lakeland secured three UK safety contracts and reported Q2 revenue down 4.5% to $50.1 million.
Revenue fell 4.5% YoY to $50.1M but gross margin rose to 37.0%. Fire sales drove growth, while Adjusted EBITDA doubled sequentially to $2.7M.
The company highlights improved margins due to recovery actions and inventory reductions. Fire services show strong momentum with historic backlog levels.
Full-year revenue grew 15.2% to $192.6 million. The company divested product lines for $14 million and achieved key NFPA certifications.
Revenue rose 4% to $47.6M, but margins and EBITDA fell significantly due to tariffs and certification delays. The company suspends dividends and appoints an interim CFO.
Lakeland Fire + Safety Reports Fiscal Second Quarter 2027 Results...
Good afternoon and welcome to the Lakeland Fire & Safety Fiscal First Quarter 2027 Financial Results Conference Call. [Operator Instructions] During today's call, we may...
Lakeland Industries (NASDAQ:LAKE) said fiscal 2026 delivered double-digit sales growth and continued momentum in its fire services platform, but profitab...
Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing for industry, healthcare, and first responders, today announced...
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