Lakeland Industries Reports Fiscal Year 2025 Third Quarter Financial Results
Portfolio Pulse from
Lakeland Industries reported a 45% increase in net sales to $45.8 million for Q3 FY 2025, driven by a 245% rise in fire services products. Gross profit rose 39% to $18.6 million. The company expects FY 2025 revenue of at least $165 million and adjusted EBITDA of at least $18 million.
December 05, 2024 | 9:45 pm
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POSITIVE IMPACT
Lakeland Industries reported strong Q3 FY 2025 results with a 45% increase in net sales and a 39% rise in gross profit. The company is optimistic about FY 2025, expecting revenue of at least $165 million.
The significant increase in net sales and gross profit, along with a positive outlook for FY 2025, suggests a strong performance by Lakeland Industries. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100