Latest news with #LakelandIndustries
Yahoo
3 days ago
- Business
- Yahoo
Lakeland Fire + Safety to Host Fiscal First Quarter 2026 Financial Results Conference Call on Monday, June 9, 2025 at 4:30 p.m. Eastern Time
HUNTSVILLE, Ala., May 30, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, will host a conference call on Monday, June 9, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the fiscal first quarter 2026 ended April 30, 2025. A press release detailing these results will be issued prior to the call. Lakeland President, Chief Executive Officer and Executive Chairman Jim Jenkins, and Chief Financial Officer Roger Shannon will host the conference call, followed by a question-and-answer period. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company's website here. To access the call, please use the following information: Date: Monday, June 9, 2025 Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) Dial-in: 1-877-407-9208 International Dial-in: 1-201-493-6784 Conference Code: 13754098 Webcast: A telephone replay will be available commencing approximately three hours after the call and will remain available through September 9, 2025, by dialing 1-844-512-2921 from the U.S., or 1-412-317-6671 from international locations, and entering replay pin number: 13754098. The replay can also be viewed through the webcast link above and the presentation utilized during the call will be available via the investor relations section of the Company's website here. About Lakeland Fire + Safety Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our 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, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, such as fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mixture of end users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand. For more information concerning Lakeland, please visit the Company online at ContactsLakeland Fire + Safety256-600-1390Roger ShannonChief Financial Officerrdshannon@ Investor RelationsChris TysonExecutive Vice PresidentMZ Group - MZ North America949-491-8235LAKE@
Yahoo
01-04-2025
- Business
- Yahoo
Lakeland Industries, Inc. (LAKE): Among Stocks Insiders Were Buying In Q1 2025
We recently published a list of . In this article, we are going to take a look at where Lakeland Industries, Inc. (NASDAQ:LAKE) stands against other stocks insiders were buying in Q1 2025. About 30 minutes before the market closed Monday, the broader market index was up 0.3%, while the blue-chip companies gained 0.9%. Meanwhile, the Nasdaq Composite dropped 0.5%. Some stocks were recovering from Friday losses after inflation data came in higher than expected, coupled with weak consumer sentiment, which heightened concerns about the U.S. economy's stability, according to Investopedia. As investors react to daily market changes, ongoing uncertainty continues to affect the market. During such times, insider trading often garners attention, as executive purchases of company stock can signal optimism about the company's prospects. However, insider sales do not always indicate a lack of confidence—they may be influenced by personal financial reasons or a need for diversification. Executives often follow pre-arranged plans, like 10b5-1, to ensure transparency. While insider trading can offer valuable insights, it should be considered alongside a company's financial health, market conditions, and industry shifts. What are some of the stocks insiders have been buying the most in the first quarter of the year? To find out, we used Insider Monkey's insider trading stock screener, focusing only on stocks where at least five insiders had purchased shares in January, February, and March. From there, we ranked the 20 stocks with the highest number of insiders purchasing shares. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). With each stock, we note the average price per share of these purchases and the stock's market capitalization. A woman working on a sewing machine, producing a lab coat. Market Cap: $192.44 million Number of insiders buying: 7 Lakeland Industries is a global manufacturer of protective clothing for industries, healthcare, and first responders. The company provides a wide range of protective gear for sectors like automotive, construction, healthcare, and government agencies, including law enforcement and the Department of Defense. In December, Lakeland acquired Veridian, a firefighter apparel provider, in an all-cash deal valued at $25 million. In January, seven insiders, including the company's president and CEO, and CFO, purchased approximately $297,174 worth of Lakeland shares at an average price of $22.18 per share. Year-to-date, the stock is down 20.92%, trading at $20.20 per share. However, over the past 12 months, Lakeland shares returned 13.38% to its investors. In February, the company's board of directors declared a cash dividend for its fiscal first quarter of 2026 of $0.03 per share. Four analysts rate Lakeland stock as a 'Buy' with a price target of $28.25, reports MarketBeat. The average price target suggests a 39.47% upside from the latest price. Overall, LAKE ranks 17th on our list of stocks insiders were buying in Q1 2025. While we acknowledge the potential of LAKE our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LAKE but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
30-01-2025
- Business
- Yahoo
Lakeland Fire + Safety awarded contract EE 11-24 through HGAC program
Lakeland Industries (LAKE) announced it was awarded contract EE 11-24 through the Houston-Galveston Area Council, H-GAC, Board to allow local governments across the United States to access Lakeland's extensive portfolio of firefighter protective gear at competitive, volume-based pricing…Jim Jenkins, President, Chief Executive Officer and Executive Chairman of Lakeland, added, 'The HGACBuy Program award and nationwide customer base validates our continued investment in building a global fire brand. We are leveraging our leading market position in personal protective equipment and reputation for producing industry-leading equipment for firefighters, emergency responders and industrial workers in hazardous environments to accelerate growth globally. Our head-to-toe fire portfolio now includes a wide range of life-saving gear such as chemical protective clothing, high-performance Flame Resistant workwear, critical environments protective apparel, and more, all designed with the utmost attention to safety, durability, and performance. We look forward to serving the needs of HGACBuy Program customers as we continue to build long term value for our shareholders.' Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return. Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on LAKE: Lakeland Industries 1.82M share Spot Secondary priced at $22.00 Lakeland Industries announces common stock offering, no amount given Lakeland Industries Sees Record Sales Growth in Q3 2025 LAKE Earnings Report this Week: Is It a Buy, Ahead of Earnings? Sign in to access your portfolio
