We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Lakeland's Q1 Earnings Miss Estimates, Sales Increase Y/Y
Read MoreHide Full Article
Lakeland Industries, Inc. (LAKE - Free Report) reported first-quarter fiscal 2026 (ended April 30, 2025) adjusted loss of 41 cents per share. The Zacks Consensus Estimate was pegged at 27 cents.
Net sales of $46.7 million missed the Zacks Consensus Estimate of $49 million. However, the top line increased 28.7% from the year-ago quarter’s level. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Inside the Headlines
In the reported quarter, the company’s domestic sales were $20.7 million, up 44.8% year over year. International sales increased 18.2% year over year to $26.0 million.
Lakeland Industries, Inc. Price, Consensus and EPS Surprise
Lakeland’s cost of sales in the reported quarter was $31.1 million, up 54.5% year over year. Operating expenses were $20.3 million, up 45%. Interest expenses were $583 thousand compared with $172 thousand in the year-ago quarter.
Net loss in the fiscal first quarter was $3.9 million against the net income of $1.7 million a year ago. Its gross margin was 33.5% compared with 44.6% in the year-ago quarter.
Adjusted EBITDA (excluding FX losses) was $0.6 million, lower than $3.8 million in the year-ago period.
Balance Sheet/Cash Flow
Exiting the first quarter of fiscal 2026, LAKE had cash and cash equivalents of $18.6 million compared with $17.5 million at the end of January 2025. The company’s total liabilities were $74.7 million, higher than $65.9 million at fiscal 2025-end.
In the fiscal first quarter, the company used cash of $4.8 million in operating activities against $0.3 million cash provided in the year-ago quarter.
Exiting the fiscal first quarter, its total stockholders' equity was $143.4 million compared with $146.6 million a year ago.
Guidance
For fiscal 2026 (ending January 2026), Lakeland expects revenues in the range of $210-$220 million.
LAKE expects an adjusted EBITDA in the band of $24-$29 million.
LAKE’s Zacks Rank
The company currently carries a Zacks Rank #3 (Hold).
AZZ Inc. (AZZ - Free Report) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.95. This compares with earnings of $0.93 per share a year ago.
AZZ reported revenues of $351.88 million, missing the consensus estimate by 3.77%. This compares with year-ago revenues of $366.5 million.
Valmont Industries (VMI - Free Report) reported revenues of $969.31 million in the second quarter of 2025, declining 0.9% on a year-over-year basis. Earnings per share of $4.32 for the same period compare with $4.32 a year ago.
The reported revenues compare with the Zacks Consensus Estimate of $975.6 million. The company delivered an earnings surprise of 1.89%, with the consensus estimate being $4.24 per share.
Pentair plc (PNR - Free Report) came out with quarterly earnings of $1.11 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $1.01. This compares with earnings of $0.94 per share a year ago.
Pentair posted revenues of $1.01 billion for the quarter, surpassing the consensus estimate by 2.68%. This compares with year-ago revenues of $1.02 billion.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Lakeland's Q1 Earnings Miss Estimates, Sales Increase Y/Y
Lakeland Industries, Inc. (LAKE - Free Report) reported first-quarter fiscal 2026 (ended April 30, 2025) adjusted loss of 41 cents per share. The Zacks Consensus Estimate was pegged at 27 cents.
Net sales of $46.7 million missed the Zacks Consensus Estimate of $49 million. However, the top line increased 28.7% from the year-ago quarter’s level. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Inside the Headlines
In the reported quarter, the company’s domestic sales were $20.7 million, up 44.8% year over year. International sales increased 18.2% year over year to $26.0 million.
Lakeland Industries, Inc. Price, Consensus and EPS Surprise
Lakeland Industries, Inc. price-consensus-eps-surprise-chart | Lakeland Industries, Inc. Quote
Costs & Margins
Lakeland’s cost of sales in the reported quarter was $31.1 million, up 54.5% year over year. Operating expenses were $20.3 million, up 45%. Interest expenses were $583 thousand compared with $172 thousand in the year-ago quarter.
Net loss in the fiscal first quarter was $3.9 million against the net income of $1.7 million a year ago. Its gross margin was 33.5% compared with 44.6% in the year-ago quarter.
Adjusted EBITDA (excluding FX losses) was $0.6 million, lower than $3.8 million in the year-ago period.
Balance Sheet/Cash Flow
Exiting the first quarter of fiscal 2026, LAKE had cash and cash equivalents of $18.6 million compared with $17.5 million at the end of January 2025. The company’s total liabilities were $74.7 million, higher than $65.9 million at fiscal 2025-end.
In the fiscal first quarter, the company used cash of $4.8 million in operating activities against $0.3 million cash provided in the year-ago quarter.
Exiting the fiscal first quarter, its total stockholders' equity was $143.4 million compared with $146.6 million a year ago.
Guidance
For fiscal 2026 (ending January 2026), Lakeland expects revenues in the range of $210-$220 million.
LAKE expects an adjusted EBITDA in the band of $24-$29 million.
LAKE’s Zacks Rank
The company currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Other Companies
AZZ Inc. (AZZ - Free Report) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.95. This compares with earnings of $0.93 per share a year ago.
AZZ reported revenues of $351.88 million, missing the consensus estimate by 3.77%. This compares with year-ago revenues of $366.5 million.
Valmont Industries (VMI - Free Report) reported revenues of $969.31 million in the second quarter of 2025, declining 0.9% on a year-over-year basis. Earnings per share of $4.32 for the same period compare with $4.32 a year ago.
The reported revenues compare with the Zacks Consensus Estimate of $975.6 million. The company delivered an earnings surprise of 1.89%, with the consensus estimate being $4.24 per share.
Pentair plc (PNR - Free Report) came out with quarterly earnings of $1.11 per share in the second quarter of 2025, beating the Zacks Consensus Estimate of $1.01. This compares with earnings of $0.94 per share a year ago.
Pentair posted revenues of $1.01 billion for the quarter, surpassing the consensus estimate by 2.68%. This compares with year-ago revenues of $1.02 billion.