LAKE
Lakeland Industries, Inc.
LAKE Q2 2027 earnings
Published Sep 9, 2026
AI summary
- Net sales were $50.1 million for the second quarter, down 4.5% from the prior-year period.
- Fire segment revenue grew 2% year-over-year and 12% sequentially, representing 52% of total sales.
- Gross margin improved to 37.0% compared to 35.9% in the same quarter last year.
- The company reported a net loss of $4.9 million, impacted by a $3.2 million goodwill impairment charge.
- Operating cash flow improved by $15.1 million year-over-year to $5.4 million for the first six months.
Results vs analyst consensus
Revenue
Reported
$50.1M
Consensus not captured before release
−4.5% YoY
EPS
Not reported in this release.
Consensus: Yahoo Finance · Q2 2027
Revenue display rounded; difference uses exact result.
Next quarter outlook
No guidance in this release.
What to watch
- The company recorded a $3.2 million non-cash goodwill impairment charge related to its LHD Germany unit.
- Foreign exchange losses negatively impacted results by $1.3 million during the quarter.
- Operating expenses increased 7% year-over-year to $20.6 million.
Read original report
Source: Lakeland Industries, Inc. press release · SEC Form 8-K exhibit 99.1