Lakeland Industries Reports FY26 Financial Results Misses Expectations, Completes Four Acquisitions, and Strengthens Fire Protection Portfolio

lunes, 26 de enero de 2026, 8:33 am ET1 min de lectura
LAKE--

Lakeland Industries, a leading global manufacturer of protective clothing and apparel, issued a shareholder letter highlighting the challenges faced in FY2026. Despite completing four accretive acquisitions, the company's financial results did not meet expectations due to external and internal factors such as tariffs, freight cost increases, raw material inflation, and supply-chain disruptions. Notable commercial wins include a $5.6 million contract with the Hong Kong Fire Services Department and a $3.1 million order for fire intervention boots to the Italian Ministry of the Interior.

Lakeland Industries Reports FY26 Financial Results Misses Expectations, Completes Four Acquisitions, and Strengthens Fire Protection Portfolio

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