Last $6.14 USD
Change Today +0.158 / 2.64%
Volume 17.3K
LAKE On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

lakeland industries inc (LAKE) Snapshot

Open
$5.90
Previous Close
$5.98
Day High
$6.15
Day Low
$5.83
52 Week High
06/10/14 - $7.96
52 Week Low
09/3/13 - $4.00
Market Cap
32.9M
Average Volume 10 Days
6.0K
EPS TTM
$0.37
Shares Outstanding
5.4M
EX-Date
--
P/E TM
16.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for LAKELAND INDUSTRIES INC (LAKE)

lakeland industries inc (LAKE) Related Bloomberg News

View More Bloomberg News

lakeland industries inc (LAKE) Related Businessweek News

No Related Businessweek News Found

lakeland industries inc (LAKE) Details

Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells safety garments and accessories for the industrial protective clothing market worldwide. The company provides limited use/disposable protective clothing, such as coveralls, lab coats, shirts, pants, hoods, aprons, sleeves, and smocks; high-end chemical protective suits to provide protection from highly concentrated and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which is used for the maintenance of high temperature equipment, and for military and airport crash and rescue teams. It also offers reusable woven garments, including electrostatic dissipative apparel used in the pharmaceutical and automotive industries, clean room apparel to prevent human contamination in the manufacturing processes, flame resistant and fire resistant cotton coveralls used in chemical and petroleum plants and for wild land firefighting, and extrication suits for police and ambulance workers; flame retardant and reflective garments for use in the fire industry, utilities, industrial uniforms, and state departments of transportation; and gloves and sleeves that are used in the automotive, glass, metal fabrication, and food service industries. The company sells its products to a network of approximately 1,200 North American safety and mill supply distributors through a customer service group, regional sales managers, and independent sales representatives. Its products are used by industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, high technology electronics manufacturers, and scientific and medical laboratories, as well as federal, state, and local governmental agencies and departments. The company was founded in 1982 and is headquartered in Ronkonkoma, New York.

1,427 Employees
Last Reported Date: 08/13/14
Founded in 1982

lakeland industries inc (LAKE) Top Compensated Officers

Chief Executive Officer, President, Secretary...
Total Annual Compensation: $331.1K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $194.0K
Chief Operating Officer and Director
Total Annual Compensation: $229.0K
Compensation as of Fiscal Year 2014.

lakeland industries inc (LAKE) Key Developments

Lakeland Industries Inc. Announces Prepayment of Subordinated Debt

Lakeland Industries Inc. announced the prepayment of $500,000 of subordinated debt due 2018. The prepayment results in a reduction of approximately 15% of the Company's total outstanding amounts under its secured term loan credit facility which had been $3.5 million, exclusive of accrued Payment-In-Kind (PIK) interest. The prepayment penalty has been waived by the lender.

Lakeland Industries, Inc. Retains WeiserMazars LLP Replacing Warren Averett, LLC as its Independent Registered Public Accountants

On July 16, 2014, Lakeland Industries Inc. dismissed Warren Averett, LLC as its independent registered public accounting firm. The decision to dismiss Warren Averett was made and approved by the Audit Committee of the company's Board of Directors. The decision to retain WeiserMazars LLP as the new independent registered public accountants was made and approved by the Audit Committee of the company's Board of Directors and, effective as of July 16, 2014, the Audit Committee so engaged WeiserMazars.

Lakeland Industries Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 30, 2014; Provides Financial Guidance for the Fiscal Year 2015

Lakeland Industries Inc. reported unaudited consolidated earnings results for the first quarter ended April 30, 2014. For the quarter, the company reported revenue of $23.5 million, up 8.1% from $21.7 million reported in the same quarter last year. Net loss was $64. Basically, it's a breakeven versus an $800,000 loss and $0.16 per diluted share loss last year. Operating profit was $0.582 million against operating loss of $0.237 million reported last year. Income before taxes was $23,000 against loss before taxes of $0.666 million reported last year. Adjusted EBITDA worldwide increased 124% to $1.6 million against $0.7 million reported last year. EBITDA was $1.04 million against $41,000 reported last year. Capital expenditure declined 89% to $90,000 in the first quarter of fiscal 2015 as compared with $830,000 in the prior year. Given the demand trends the company is seeing and the position, the company expects continued solid performance on a consolidated basis for the balance of fiscal year 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LAKE:US $6.14 USD +0.158

LAKE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EI du Pont de Nemours & Co $66.15 USD +0.22
Honeywell International Inc $95.30 USD -0.27
Kimberly-Clark Corp $108.14 USD -0.78
View Industry Companies
 

Industry Analysis

LAKE

Industry Average

Valuation LAKE Industry Range
Price/Earnings 48.2x
Price/Sales 0.4x
Price/Book 0.7x
Price/Cash Flow 44.2x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LAKELAND INDUSTRIES INC, please visit www.lakeland.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.