Lakeland Industries, Inc.: Business Overview, Financials & Competitive Analysis
Lakeland Industries, Inc. scores 3/10 on the AskCyborg Cyborg Score (Weak). A growth-story turnaround play facing severe near-term profitability challenges; needs margin stabilization to justify investment thesis. Last quarter earnings were −1.64 USD per share versus estimation of 0.26 USD. Adjusted gross margin fell dramatically to 31.3% from 41.7% in the prior year period, coupled with higher adjusted operating expenses.
What is Lakeland Industries, Inc.'s industry? Lakeland Industries, Inc. (lakeland.com) operates in Industrial Protective Clothing & Apparel Manufacturing. AskCyborg classifies Lakeland Industries, Inc. under Industrial Protective Clothing & Apparel Manufacturing in its company registry.
Lakeland Industries (NASDAQ: LAKE) is a global leader in the manufacturing of protective clothing to help improve the quality of safety for the industrial workforce. The company serves diverse industries including uti...
Cyborg Score thesis
A growth-story turnaround play facing severe near-term profitability challenges; needs margin stabilization to justify investment...
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Get Current Report FreeLakeland Industries, Inc. Overview
Pro stress-test →Lakeland Industries (NASDAQ: LAKE) is a global leader in the manufacturing of protective clothing to help improve the quality of safety for the industrial workforce. The company serves diverse industries including utilities, petrochemicals, hazardous waste sites, fire services, and first responders through a broad portfolio of protective apparel and accessories.
Strategic Profile
Pro stress-test →Fire Services products were a bright spot with a 31% revenue increase, while U.S. sales grew 25% to $19.2 million, partly driven by acquisitions. The company is executing a strategic shift toward higher-margin fire services and performance products, though this transition has created near-term margin pressure and operational challenges including facility consolidations and inventory management.
Competitive Landscape
Pro stress-test →Lakeland competes in the industrial protective clothing market against manufacturers serving utilities, hazmat, chemical, and first responder markets. The company differentiates through specialized fire services products (49% of Q2 revenue) and acquisitions, but faces competition from larger diversified safety equipment providers and struggles with margin pressures that limit competitive flexibility.
Industry Context
Lakeland Industries, Inc. operates in Industrial Protective Clothing & Apparel Manufacturing.
Key facts
Founded: 1982 · Headquarters: Huntsville, Alabama, USA · Employees: 2,100 · Revenue: $191.6M (TTM as of July 2025)