Lakeland Industries Reports Q3 Net Sales of $47.6M and $16M Net Loss Amid Certification Delays
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2026
0mins
Should l Buy LAKE?
Source: Businesswire
- Performance Decline: Lakeland Industries reported Q3 2026 net sales of $47.6 million with adjusted EBITDA of $200,000, reflecting a staggering 95% decrease of $4.5 million year-over-year, indicating severe financial distress for the company.
- Widening Net Loss: The company recorded a net loss of $16 million in Q3, translating to a loss of $1.64 per share, compared to a net income of $100,000 in the same quarter last year, highlighting a significant deterioration in profitability.
- Management Explanation: CEO James Jenkins attributed the poor performance partly to “delays in certification” during the earnings call, revealing that certification is expected in March 2026, which may impact future sales and market confidence.
- Stock Price Plunge: Following the earnings report on December 9, 2025, Lakeland's stock price plummeted from $15.01 to $9.16 per share, a decline of approximately 38.97%, reflecting growing investor concerns about the company's outlook.
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Analyst Views on LAKE
Wall Street analysts forecast LAKE stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 9.850
Low
14.00
Averages
18.50
High
27.00
Current: 9.850
Low
14.00
Averages
18.50
High
27.00
About LAKE
Lakeland Industries, Inc. manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Its product portfolio includes firefighter protective apparel and accessories, high-end chemical protective suits, limited use/disposable protective clothing, durable woven garments, high performance FR/AR apparel, and high visibility clothing. Its products are sold globally by its in-house sales teams, its customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Its 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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Lakeland Delivers Urgent Order for Milano Cortina 2026 Olympics
- Urgent Order Fulfillment: Lakeland Industries, through its Jolly Scarpe brand, fulfilled an urgent order from the Italian Ministry of the Interior, ensuring delivery of specialized footwear for police personnel at the Milano Cortina 2026 Olympics in under 48 hours, showcasing its rapid response capability.
- Inventory Management Advantage: With the entire product line in stock, Lakeland was able to meet the urgent needs of the Ministry, ensuring uninterrupted operational readiness for police units, thereby reinforcing its competitive position in the market.
- Additional Order Confirmation: The efficiency and reliability of the initial delivery led the Ministry to place an additional order for the same model, indicating Lakeland's strong capabilities in emergency response and customer trust.
- Commitment to Supporting the Olympics: Lakeland's successful delivery not only highlights its regional manufacturing capabilities and disciplined inventory management but also underscores the company's commitment to supporting significant international events, enhancing its brand image.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm announces an investigation into Lakeland Industries for potentially issuing misleading business information, which could impact shareholder rights significantly.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, leading to a 38.97% stock drop on December 10, 2025, indicating severe market concerns regarding its financial transparency.
- Class Action Preparation: The firm is preparing a class action to seek compensation for affected investors, with no upfront costs required, thereby lowering the barrier for participation in the legal process.
- Firm's Track Record: Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and resource advantages in handling such cases.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm announces an investigation into Lakeland Industries due to potential misleading business information, exposing shareholders to possible securities claims.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, failing to provide future outlooks, which led to a 38.97% stock drop the following day.
- Class Action Preparation: The firm is preparing a class action to seek compensation for affected investors, with no out-of-pocket fees or costs required from them.
- Firm's Reputation: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its strong capabilities and successful track record in the securities litigation field.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm has announced an investigation into potential securities claims against Lakeland Industries due to allegations of misleading business information, putting shareholders at risk of significant losses.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland announced the withdrawal of its financial guidance for fiscal year 2026, stating it would not provide future guidance, which triggered a strong market reaction.
- Stock Price Plunge: Following the announcement, Lakeland's stock plummeted by 38.97% on December 10, 2025, indicating severe investor concern regarding the company's future prospects, which may lead to a decline in investor confidence.
- Class Action Preparation: Rosen Law Firm is preparing a class action to seek recovery for investors' losses, allowing participation without upfront fees, demonstrating the firm's commitment to protecting investor rights.
See More
Lakeland Industries Under Securities Investigation by Rosen Law Firm
- Investigation Launched: Rosen Law Firm has initiated an investigation into Lakeland Industries for potential securities claims due to allegations of misleading business information affecting shareholder rights.
- Financial Guidance Withdrawal: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, resulting in a 38.97% stock price drop the following day, indicating severe market concerns about the company's outlook.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek compensation for affected investors, with no upfront costs required, thus lowering the barrier for participation.
- Firm's Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and capability in handling such cases.
See More
Lakeland Secures Major UK Firefighting Gloves Contract
- Contract Award: Lakeland Industries' Eagle FR subsidiary has secured a multi-year contract to supply Ultimate Glow+ firefighting gloves to seven County Fire and Rescue Services in the UK, representing a significant endorsement of the company's technical capabilities and product performance despite undisclosed terms.
- Product Innovation: The Ultimate Glow+ gloves are designed to reduce firefighter exposure to harmful contaminants while enhancing situational awareness, achieving the top rank in evaluations based on independent technical assessments and wearer trials across multiple services, showcasing a competitive edge in firefighter safety.
- Market Potential: This contract not only reflects Lakeland's commitment to firefighter safety and performance but also provides a solid platform for continued growth within the UK public safety market, further solidifying its position as a trusted long-term partner in the sector.
- Industry Impact: Lakeland's product line includes a comprehensive range of firefighting and industrial protective clothing, serving various industries including government agencies, and will continue to meet market demands through innovation and adherence to high procurement standards.
See More
Lakeland Delivers Urgent Order for Milano Cortina 2026 Olympics
- Urgent Order Fulfillment: Lakeland Industries, through its Jolly Scarpe brand, fulfilled an urgent order from the Italian Ministry of the Interior, ensuring delivery of specialized footwear for police personnel at the Milano Cortina 2026 Olympics in under 48 hours, showcasing its rapid response capability.
- Inventory Management Advantage: With the entire product line in stock, Lakeland was able to meet the urgent needs of the Ministry, ensuring uninterrupted operational readiness for police units, thereby reinforcing its competitive position in the market.
- Additional Order Confirmation: The efficiency and reliability of the initial delivery led the Ministry to place an additional order for the same model, indicating Lakeland's strong capabilities in emergency response and customer trust.
- Commitment to Supporting the Olympics: Lakeland's successful delivery not only highlights its regional manufacturing capabilities and disciplined inventory management but also underscores the company's commitment to supporting significant international events, enhancing its brand image.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm announces an investigation into Lakeland Industries for potentially issuing misleading business information, which could impact shareholder rights significantly.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, leading to a 38.97% stock drop on December 10, 2025, indicating severe market concerns regarding its financial transparency.
- Class Action Preparation: The firm is preparing a class action to seek compensation for affected investors, with no upfront costs required, thereby lowering the barrier for participation in the legal process.
- Firm's Track Record: Rosen Law Firm is renowned for its success in securities class actions, having recovered over $438 million for investors in 2019 alone, showcasing its expertise and resource advantages in handling such cases.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm announces an investigation into Lakeland Industries due to potential misleading business information, exposing shareholders to possible securities claims.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, failing to provide future outlooks, which led to a 38.97% stock drop the following day.
- Class Action Preparation: The firm is preparing a class action to seek compensation for affected investors, with no out-of-pocket fees or costs required from them.
- Firm's Reputation: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, demonstrating its strong capabilities and successful track record in the securities litigation field.
See More
Rosen Law Firm Investigates Securities Claims for Lakeland Industries
- Securities Claims Investigation: Rosen Law Firm has announced an investigation into potential securities claims against Lakeland Industries due to allegations of misleading business information, putting shareholders at risk of significant losses.
- Withdrawal of Financial Guidance: On December 9, 2025, Lakeland announced the withdrawal of its financial guidance for fiscal year 2026, stating it would not provide future guidance, which triggered a strong market reaction.
- Stock Price Plunge: Following the announcement, Lakeland's stock plummeted by 38.97% on December 10, 2025, indicating severe investor concern regarding the company's future prospects, which may lead to a decline in investor confidence.
- Class Action Preparation: Rosen Law Firm is preparing a class action to seek recovery for investors' losses, allowing participation without upfront fees, demonstrating the firm's commitment to protecting investor rights.
See More
Lakeland Industries Under Securities Investigation by Rosen Law Firm
- Investigation Launched: Rosen Law Firm has initiated an investigation into Lakeland Industries for potential securities claims due to allegations of misleading business information affecting shareholder rights.
- Financial Guidance Withdrawal: On December 9, 2025, Lakeland withdrew its financial guidance for fiscal year 2026, resulting in a 38.97% stock price drop the following day, indicating severe market concerns about the company's outlook.
- Class Action Preparation: The Rosen Law Firm is preparing a class action to seek compensation for affected investors, with no upfront costs required, thus lowering the barrier for participation.
- Firm's Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and capability in handling such cases.
See More
Lakeland Secures Major UK Firefighting Gloves Contract
- Contract Award: Lakeland Industries' Eagle FR subsidiary has secured a multi-year contract to supply Ultimate Glow+ firefighting gloves to seven County Fire and Rescue Services in the UK, representing a significant endorsement of the company's technical capabilities and product performance despite undisclosed terms.
- Product Innovation: The Ultimate Glow+ gloves are designed to reduce firefighter exposure to harmful contaminants while enhancing situational awareness, achieving the top rank in evaluations based on independent technical assessments and wearer trials across multiple services, showcasing a competitive edge in firefighter safety.
- Market Potential: This contract not only reflects Lakeland's commitment to firefighter safety and performance but also provides a solid platform for continued growth within the UK public safety market, further solidifying its position as a trusted long-term partner in the sector.
- Industry Impact: Lakeland's product line includes a comprehensive range of firefighting and industrial protective clothing, serving various industries including government agencies, and will continue to meet market demands through innovation and adherence to high procurement standards.
See More
