Lakeland Industries (LAKE) News Today

Lakeland Industries (NASDAQ:LAKE) saw its shares decline today after reporting mixed Q1 results and issuing guidance. While the company delivered record revenue growth, rising costs and margin pressures drove an EPS miss, prompting a cautious tone from analysts.

• Q1 net sales rose 29% to a record $46.7 million, led by a 100% increase in fire services and double-digit gains in U.S. (+42%) and Europe (+102%).
• FY 2026 revenue guidance of $210 million–$220 million underscores management’s confidence in acquisition integration and tariff-mitigation strategies.
• Lake Street Capital maintained a “buy” rating with a $26.00 price target, implying roughly 72.5% upside from current levels.
• Short interest remains negligible, with a 0.0 days-to-cover ratio, suggesting low bearish positioning.
• Management anticipates improving global tariff conditions to support sequential margin expansion in Q2.
• Q1 EPS of ($0.41) missed consensus by $0.68, as rising costs and shrinking gross margins weighed on profitability.
• Revenue of $46.75 million fell short of the $48.84 million estimate, highlighting execution challenges amid higher expenses.
• Shares dropped after the earnings release and cautious commentary on profit recovery in FY 2026.
• Lake Street Capital cut its price target from $30.00 to $26.00, signaling tempered expectations despite maintaining a buy rating.