Lakeland Is Changing But Still Overvalued [Seeking Alpha]
Lakeland Industries, Inc. (LAKE)
Last lakeland industries, inc. earnings: 9/9 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
lakeland.com/financial_information/?___store=lakeland
Company Research
Source: Seeking Alpha
The company has experienced significant changes in management and has made over $30 million in acquisitions. Despite these changes, Lakeland's operating dynamics have not improved, and its profitability remains low, making it an unattractive investment at current prices. Lakeland Industries ( NASDAQ: LAKE ) is a global manufacturer and seller of protective equipment for high-risk activities like firefighting, security, industrial, or healthcare. I last wrote about Lakeland in March 2023 , without recommending the company. The reason was that I considered the price excessive compared to the company's long-term profitability metrics. I also feared the company would use its cash reserves to make revenue-expanding, profit-reducing acquisitions. In this review, I find that the stock has appreciated almost 50% since my first article in September 2022 . However, the company's operating dynamics have not moved from what I expected in previous articles. However, Lakeland is also und
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LAKE
News
- Are Investors Undervaluing Lakeland Industries (LAKE) Right Now? [Yahoo! Finance]Yahoo! Finance
- Lakeland Industries Declares Cash Dividend for Second Quarter 2025Accesswire
- Lakeland Industries and LineDrive Announce Strategic Partnership [Yahoo! Finance]Yahoo! Finance
- Lakeland Industries and LineDrive Announce Strategic Partnership Accesswire
- Lakeland Industries to Participate in the Planet MicroCap Showcase: VEGAS 2024 ConferenceAccesswire
LAKE
Earnings
- 4/10/24 - Miss
LAKE
Sec Filings
- 5/1/24 - Form 8-K
- 5/1/24 - Form ARS
- 5/1/24 - Form DEFA14A
- LAKE's page on the SEC website