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LAKELAND INDUSTRIES INC (LAKE) filed an 8-K current report with the SEC on September 9, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Filing section contains only signature certification dated September 9, 2026.
LAKELAND INDUSTRIES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Filing section contains only signature certification dated September 9, 2026
- No fiscal 2026 operating results or financial metrics disclosed in the provided text
Item EX-99.1 · Exhibit EX-99.1
- Q2 FY27 sales $50.1M, down 4.5% YoY but up 5.7% sequentially, signaling stabilization entering the fiscal second half
- Fire revenue $26.1M, up 12% sequentially and 2% YoY, now 52% of sales; Fire Services revenue surged 78% to approximately $3.5M
- Adjusted EBITDA excluding FX $2.7M versus $1.1M in Q1, while gross margin improved to 37.0% from 31.4% sequentially
- Operating cash flow reached $5.4M year-to-date, inventory fell $15.3M YoY, and debt declined to $28.7M from $32.3M
- Key risks: Q2 net loss $4.9M, $1.3M FX headwind, and $3.2M goodwill impairment tied to LHD Germany કામગીરી
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