Lakeland Industries Sees FY 2025 Revenue $160M - $170M Vs $165.65M Est.; Sees Adj. EBITDA Excl. FX $18M - $21.5M
Portfolio Pulse from Benzinga Newsdesk
Lakeland Industries projects its FY 2025 revenue to be between $160M and $170M, compared to the estimated $165.65M. The company also forecasts an adjusted EBITDA, excluding foreign exchange impacts, of $18M to $21.5M.
September 04, 2024 | 8:48 pm
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Lakeland Industries has provided a revenue forecast for FY 2025 of $160M-$170M, slightly above the current estimate of $165.65M. The adjusted EBITDA is expected to be $18M-$21.5M, excluding FX impacts.
The revenue forecast is slightly above the current estimate, which is a positive indicator for the company's financial health. The adjusted EBITDA range also suggests stable profitability, excluding FX impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100