Sector: Consumer Cyclicals | Industry: Apparel & Accessories |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1525 Perimeter Parkway, Suite 325 HUNTSVILLE AL 35806 |
Tel: | 1-312-4452870 |
Website: | https://www.lakeland.com |
IR: | See website |
Key People | ||
James M. Jenkins Executive Chairman of the Board, Acting President and Chief Executive Officer | Roger D. Shannon Chief Financial Officer, Company Secretary | Hui An Chief Operating Officer |
Business Overview |
Lakeland Industries, Inc. manufactures and sells a line of industrial protective clothing and accessories for the industrial and public protective clothing market. Its product categories include firefighter protective apparel and accessories, high-end chemical protective suits, limited use/disposable protective clothing, durable woven garments, high visibility clothing and gloves and sleeves. Its products are sold globally by its in-house sales teams, its customer service group, and authorized independent sales representatives to a network of over 2,000 safety and industrial supply distributors. Its authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical and high technology electronics manufacturers and scientific, medical laboratories and the utilities industry. It offers structural firefighting, wildland firefighting and technical rescue helmets. |
Financial Overview |
For the fiscal year ended 31 January 2024, Lakeland Industries, Inc. revenues increased 10% to $124.7M. Net income applicable to common stockholders increased from $1.9M to $5.4M. Revenues reflect Fire segment increase of 80% to $26.5M, Wovens segment increase of 66% to $12.6M, High Performance Wear segment increase of 38% to $6.9M, Europe (UK) segment increase of 96% to $16.3M, USA Operations segment increase of 13% to $55.3M. |
Employees: | 1,700 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $101.05M as of Jan 31, 2024 |
Annual revenue (TTM): | $124.69M as of Jan 31, 2024 |
EBITDA (TTM): | $9.10M as of Jan 31, 2024 |
Net annual income (TTM): | $5.43M as of Jan 31, 2024 |
Free cash flow (TTM): | $7.94M as of Jan 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 7,371,730 as of Apr 10, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |