Lakeland Industries reported fiscal second quarter results ending July 31, 2026, with net sales of $50.1 million, a 4.5% year-over-year decline but a 5.7% sequential increase from the prior quarter. Gross margin expanded to 37.0%, up from 35.9% in the prior-year period and 31.4% in Q1, driven by favorable product mix and $1.4 million in tariff refunds. Adjusted EBITDA excluding foreign exchange more than doubled sequentially to $2.7 million, while GAAP net loss widened to $4.9 million due to a $3.2 million non-cash goodwill impairment charge related to LHD Germany and $1.3 million in currency losses. Fire revenue grew 12% sequentially to $26.1 million, representing 52% of total sales, supported by strong demand for helmets and hoods. The company secured notifications for a UK National Fire Chiefs Council tender with potential value up to £220 million over seven years. Inventory decreased $15.3 million year-over-year to $74.9 million, and operating cash flow improved $15.1 million to $5.4 million year-to-date. Lakeland Industries is a global manufacturer of protective clothing and apparel for industry, healthcare, and first responders.

Lakeland Industries, Inc. issued a press release on June 9, 2026, announcing its financial results for the first quarter ended April 30, 2026. The filing includes supplemental slides for the earnings call held on the same day. Lakeland Industries, Inc. is a manufacturer of protective and specialty chemical products.