Lakeland Industries President And CEO Charlie Roberson Says 'Fire and other key high-value product lines is positive'; Says 'maintain our targeted level of profitability from a gross profit and Adj EBITDA margin standpoint'
Portfolio Pulse from Benzinga Newsdesk
Lakeland Industries President and CEO Charlie Roberson announced that the company's fire and other key high-value product lines are performing positively, and they are maintaining their targeted level of profitability in terms of gross profit and adjusted EBITDA margin.
June 07, 2023 | 8:38 pm
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Lakeland Industries ($LAKE) CEO Charlie Roberson announced positive performance in fire and key high-value product lines, maintaining targeted profitability levels.
The positive performance of Lakeland Industries' fire and key high-value product lines indicates strong demand and effective management. This, combined with the company maintaining its targeted profitability levels, suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100