The chart below shows how LAKE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LAKE sees a -1.63% change in stock price 10 days leading up to the earnings, and a +1.20% change 10 days following the report. On the earnings day itself, the stock moves by +0.59%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Sales Surge in Fire Services: Sales increased by 45% to $45.8 million compared to $31.7 million for the third quarter last year, driven by a 245% increase in Fire Services products.
Gross Profit Surge: Gross profit increased by 39% to $18.6 million due to strong revenue growth and organic margin improvement.
Organic Revenue Increase: Organic revenue increased by 7.3% to $34 million for the third quarter of fiscal 2025 compared to $31.7 million for the same period last year, indicating a focus on efficiency.
Strong Liquidity Position: The company ended the quarter with cash and cash equivalents of approximately $15.8 million, showing strong liquidity.
Net Income Decline: Net income was $1 million or $0.01 per diluted share for the third quarter of fiscal 2025, compared to net income of $2.6 million or $0.34 per diluted share for the same period last year.
Negative
Operating Expenses Surge: Operating expenses increased by $8 million or 82.5% from $9.7 million for the third quarter of fiscal 2024 to $17.7 million for the third quarter of fiscal 2025.
Operating Profit Comparison: Operating profit was $800,000 for the third quarter of fiscal 2025 compared to an operating profit of $3.6 million for the third quarter of fiscal 2024 due to the previously mentioned impacts.
Operating Margin Decline: Operating margins were 1.8% for the third quarter of fiscal 2025 compared to 11.4% for the third quarter of fiscal 2024.
Net Income Decline: Net income was $1 million or $0.01 per diluted share for the third quarter of fiscal 2025, compared to net income of $2.6 million or $0.34 per diluted share for the third quarter of fiscal 2024.
Gross Margin Decline: Gross margin as a percentage of net sales decreased to 40.6% for the third quarter of fiscal 2025 from 42.2% in the third quarter of fiscal 2024.
Lakeland Industries Inc. (LAKE) Q3 2025 Earnings Call Transcript
LAKE.O
-1.59%