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Lakeland Industries, Inc. (NASDAQ:LAKE) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-09-10 11:00
The company's gross margin improved by 240 basis points, reaching 35.9%. Lower operating expenses contributed to a positive net income of $0.8 million, with an adjusted EBITDA 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 ...