Lakeland Industries, Inc. (NASDAQ:LAKE) Surpasses Earnings Expectations
The company's gross margin improved by 240 basis points, reaching 35.9%. Lower operating expenses contributed to a positive net income of 5.1 million, excluding foreign exchange impacts. However, Lakeland updated its fiscal year 2026 revenue and adjusted EBITDA guidance due to global tariff uncertainties. The price-to-sales ratio is 0.77, suggesting the stock is valued at less than one times its sales. The company maintains a low debt-to-equity ratio of 0.28 and a s ...