Lakeland Industries to Announce Q4 Earnings on April 16
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy LAKE?
Source: seekingalpha
- Earnings Announcement Schedule: Lakeland Industries is set to announce its Q4 2023 earnings on April 16 after market close, with consensus EPS estimate at -$0.26 and revenue estimate at $50.25 million, indicating challenges in profitability.
- Historical Performance Review: Over the past year, Lakeland has beaten EPS estimates 0% of the time while exceeding revenue estimates 75% of the time, suggesting stable revenue growth but a need for improvement in profitability metrics.
- Estimate Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, reflecting a cautious market sentiment regarding the company's future earnings potential, which may impact investor confidence.
- Executive Appointment: Lakeland recently appointed Calven Swinea as CFO, a move that may aim to enhance financial performance and management efficiency through new leadership perspectives and strategies.
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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: 9.460
Low
14.00
Averages
18.50
High
27.00
Current: 9.460
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. The Company also provides decontamination, repair and rental services that complement its fire services portfolio. The Company's authorized distributors supply end users across various industries, including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry. It also supplies federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. In addition to the United States, the Company sells its products in more than 50 foreign countries.
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 Industries to Announce Q4 Earnings on April 16
- Earnings Announcement Schedule: Lakeland Industries is set to announce its Q4 2023 earnings on April 16 after market close, with consensus EPS estimate at -$0.26 and revenue estimate at $50.25 million, indicating challenges in profitability.
- Historical Performance Review: Over the past year, Lakeland has beaten EPS estimates 0% of the time while exceeding revenue estimates 75% of the time, suggesting stable revenue growth but a need for improvement in profitability metrics.
- Estimate Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, reflecting a cautious market sentiment regarding the company's future earnings potential, which may impact investor confidence.
- Executive Appointment: Lakeland recently appointed Calven Swinea as CFO, a move that may aim to enhance financial performance and management efficiency through new leadership perspectives and strategies.
See More
Multiple Companies Facing Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries faces allegations of significant production and shipping issues from December 2023 to December 2025, which led to a severe deterioration in financial results, with investors claiming these issues were not disclosed, resulting in shareholder losses.
- Franklin BSP Realty Lawsuit: Franklin BSP Realty Trust is accused of making false statements from November 2024 to February 2026, overstating its ability to maintain a $0.355 dividend, which misled investors regarding the company's prospects.
- Apollo Global Lawsuit: Apollo Global Management is alleged to have concealed communications with Jeffrey Epstein from May 2021 to February 2026, harming the company's reputation and impacting investor confidence in its business outlook.
- Boston Scientific Lawsuit: Boston Scientific is accused of failing to disclose unsustainable growth in its U.S. electrophysiology segment from July 2025 to February 2026, misleading investors about the company's future growth potential.
See More
Lakeland Industries Class Action Notice Issued
- Class Action Deadline: Rosen Law Firm reminds investors who purchased Lakeland Industries (NASDAQ:LAKE) securities between December 1, 2023, and December 9, 2025, that they must apply to be lead plaintiff by April 24, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Lakeland failed to disclose significant issues with its Pacific Helmets and Jolly businesses, including shipping delays and production problems, which led to a severe overstatement of the company's financial results, causing investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first by ISS for the number of securities class action settlements in 2017, demonstrating its expertise in this field.
- Investor Guidance: The firm advises investors to select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure they receive the best representation and support in the class action.
See More
Lakeland Industries Faces Class Action Lawsuit
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Lakeland Industries in the Southern District of New York, representing investors who purchased securities between December 2023 and December 2025, seeking damages for violations of federal securities laws, highlighting the increasing legal risks faced by the company.
- Declining Financial Performance: Lakeland reported a Q4 FY 2025 GAAP EPS of -$2.42, significantly missing consensus estimates, which led to a 14.33% drop in stock price on April 10, 2025, reflecting substantial challenges in post-acquisition integration and market conditions.
- M&A Strategy Under Pressure: Despite Lakeland's claims that acquisitions of Pacific Helmets and Jolly would drive growth, operational issues such as shipping delays and slow product rollouts have distorted financial expectations, undermining investor confidence.
- Uncertain Future Outlook: Lakeland withdrew its financial guidance for FY 2026 due to certification delays and material flow issues, leaving the market increasingly concerned about the company's operational capabilities and future performance.
See More
Lakeland Industries Faces Class Action Lawsuit
- Lawsuit Background: Lakeland Industries is facing a class action lawsuit for failing to disclose significant production and shipping issues with its Pacific Helmets and Jolly businesses during the Class Period from December 1, 2023, to December 9, 2025, resulting in investor losses, with a deadline of April 24, 2026, to file as lead plaintiff.
- Poor Financial Performance: In September 2024, Lakeland reported second-quarter 2025 revenue of $38.51 million, missing consensus estimates by $1.39 million due to 'shipment timing' delays, leading to a 7.8% drop in stock price, directly impacting investors.
- Ongoing Losses: In April 2025, Lakeland released its fourth-quarter and full-year results, again missing expectations, with stock price falling 14.3% due to production issues and delays in product rollouts, highlighting significant challenges in post-acquisition integration.
- Executive Changes and Uncertain Outlook: In December 2025, Lakeland terminated its CFO and withdrew its 2026 financial guidance, resulting in a 38.97% stock price drop, reflecting major uncertainties and a severe loss of investor confidence.
See More
Lakeland Launches NFPA Certified FireFlex Elite-L100 Firefighting Boot
- New NFPA Certification: Lakeland's FireFlex Elite-L100 firefighting boot has achieved NFPA 1970:2025 certification, further solidifying the company's position in the firefighter personal protective equipment sector by meeting stringent structural and proximity protection standards.
- Enhanced Product Performance: The new boot features an 8-inch height, melt-resistant soles, and puncture protection, which not only improves firefighters' mobility and safety in extreme conditions but also provides departments with a high-performance footwear solution, enhancing market competitiveness.
- Production and Fulfillment Plans: Lakeland expects to quickly commence production of the FireFlex Elite-L100 boots and fulfill pre-orders received, reflecting the company's strong reputation for delivering high-quality and safe products.
- Future Product Outlook: The company plans to showcase new certified products at the FDIC 2026 event and anticipates launching a second NFPA boot in the fall, further expanding its firefighting gear product line and solidifying its market leadership.
See More
Lakeland Industries to Announce Q4 Earnings on April 16
- Earnings Announcement Schedule: Lakeland Industries is set to announce its Q4 2023 earnings on April 16 after market close, with consensus EPS estimate at -$0.26 and revenue estimate at $50.25 million, indicating challenges in profitability.
- Historical Performance Review: Over the past year, Lakeland has beaten EPS estimates 0% of the time while exceeding revenue estimates 75% of the time, suggesting stable revenue growth but a need for improvement in profitability metrics.
- Estimate Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, reflecting a cautious market sentiment regarding the company's future earnings potential, which may impact investor confidence.
- Executive Appointment: Lakeland recently appointed Calven Swinea as CFO, a move that may aim to enhance financial performance and management efficiency through new leadership perspectives and strategies.
See More
Multiple Companies Facing Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries faces allegations of significant production and shipping issues from December 2023 to December 2025, which led to a severe deterioration in financial results, with investors claiming these issues were not disclosed, resulting in shareholder losses.
- Franklin BSP Realty Lawsuit: Franklin BSP Realty Trust is accused of making false statements from November 2024 to February 2026, overstating its ability to maintain a $0.355 dividend, which misled investors regarding the company's prospects.
- Apollo Global Lawsuit: Apollo Global Management is alleged to have concealed communications with Jeffrey Epstein from May 2021 to February 2026, harming the company's reputation and impacting investor confidence in its business outlook.
- Boston Scientific Lawsuit: Boston Scientific is accused of failing to disclose unsustainable growth in its U.S. electrophysiology segment from July 2025 to February 2026, misleading investors about the company's future growth potential.
See More
Lakeland Industries Class Action Notice Issued
- Class Action Deadline: Rosen Law Firm reminds investors who purchased Lakeland Industries (NASDAQ:LAKE) securities between December 1, 2023, and December 9, 2025, that they must apply to be lead plaintiff by April 24, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Lakeland failed to disclose significant issues with its Pacific Helmets and Jolly businesses, including shipping delays and production problems, which led to a severe overstatement of the company's financial results, causing investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first by ISS for the number of securities class action settlements in 2017, demonstrating its expertise in this field.
- Investor Guidance: The firm advises investors to select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure they receive the best representation and support in the class action.
See More
Lakeland Industries Faces Class Action Lawsuit
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Lakeland Industries in the Southern District of New York, representing investors who purchased securities between December 2023 and December 2025, seeking damages for violations of federal securities laws, highlighting the increasing legal risks faced by the company.
- Declining Financial Performance: Lakeland reported a Q4 FY 2025 GAAP EPS of -$2.42, significantly missing consensus estimates, which led to a 14.33% drop in stock price on April 10, 2025, reflecting substantial challenges in post-acquisition integration and market conditions.
- M&A Strategy Under Pressure: Despite Lakeland's claims that acquisitions of Pacific Helmets and Jolly would drive growth, operational issues such as shipping delays and slow product rollouts have distorted financial expectations, undermining investor confidence.
- Uncertain Future Outlook: Lakeland withdrew its financial guidance for FY 2026 due to certification delays and material flow issues, leaving the market increasingly concerned about the company's operational capabilities and future performance.
See More
Lakeland Industries Faces Class Action Lawsuit
- Lawsuit Background: Lakeland Industries is facing a class action lawsuit for failing to disclose significant production and shipping issues with its Pacific Helmets and Jolly businesses during the Class Period from December 1, 2023, to December 9, 2025, resulting in investor losses, with a deadline of April 24, 2026, to file as lead plaintiff.
- Poor Financial Performance: In September 2024, Lakeland reported second-quarter 2025 revenue of $38.51 million, missing consensus estimates by $1.39 million due to 'shipment timing' delays, leading to a 7.8% drop in stock price, directly impacting investors.
- Ongoing Losses: In April 2025, Lakeland released its fourth-quarter and full-year results, again missing expectations, with stock price falling 14.3% due to production issues and delays in product rollouts, highlighting significant challenges in post-acquisition integration.
- Executive Changes and Uncertain Outlook: In December 2025, Lakeland terminated its CFO and withdrew its 2026 financial guidance, resulting in a 38.97% stock price drop, reflecting major uncertainties and a severe loss of investor confidence.
See More
Lakeland Launches NFPA Certified FireFlex Elite-L100 Firefighting Boot
- New NFPA Certification: Lakeland's FireFlex Elite-L100 firefighting boot has achieved NFPA 1970:2025 certification, further solidifying the company's position in the firefighter personal protective equipment sector by meeting stringent structural and proximity protection standards.
- Enhanced Product Performance: The new boot features an 8-inch height, melt-resistant soles, and puncture protection, which not only improves firefighters' mobility and safety in extreme conditions but also provides departments with a high-performance footwear solution, enhancing market competitiveness.
- Production and Fulfillment Plans: Lakeland expects to quickly commence production of the FireFlex Elite-L100 boots and fulfill pre-orders received, reflecting the company's strong reputation for delivering high-quality and safe products.
- Future Product Outlook: The company plans to showcase new certified products at the FDIC 2026 event and anticipates launching a second NFPA boot in the fall, further expanding its firefighting gear product line and solidifying its market leadership.
See More
