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Last $9.57 USD
Change Today +0.06 / 0.63%
Volume 40.6K
LAKE On Other Exchanges
As of 8:10 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

lakeland industries inc (LAKE) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/14/14 - $29.55
52 Week Low
08/11/14 - $5.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

lakeland industries inc (LAKE) Related Businessweek News

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lakeland industries inc (LAKE) Details

Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells safety garments and accessories for the industrial protective clothing market worldwide. The company provides limited use/disposable protective clothing, such as coveralls, lab coats, shirts, pants, hoods, aprons, sleeves, and smocks; high-end chemical protective suits to provide protection from highly concentrated and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which is used for the maintenance of high temperature equipment, and for military and airport crash and rescue teams. It also offers reusable woven garments, including electrostatic dissipative apparel used in the pharmaceutical and automotive industries, clean room apparel to prevent human contamination in the manufacturing processes, flame resistant and fire resistant cotton coveralls used in chemical and petroleum plants and for wild land firefighting, and extrication suits for police and ambulance workers; flame retardant and reflective garments for use in the fire industry, utilities, industrial uniforms, and state departments of transportation; and gloves and sleeves that are used in the automotive, glass, metal fabrication, and food service industries. The company sells its products to a network of approximately 1,200 North American safety and mill supply distributors through a customer service group, regional sales managers, and independent sales representatives. Its products are used by industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, high technology electronics manufacturers, and scientific and medical laboratories, as well as federal, state, and local governmental agencies and departments. The company was founded in 1982 and is headquartered in Ronkonkoma, New York.

1,427 Employees
Last Reported Date: 08/13/14
Founded in 1982

lakeland industries inc (LAKE) Top Compensated Officers

Chief Executive Officer, President, Secretary...
Total Annual Compensation: $331.1K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $194.0K
Chief Operating Officer and Director
Total Annual Compensation: $229.0K
Compensation as of Fiscal Year 2014.

lakeland industries inc (LAKE) Key Developments

Lakeland Industries Inc. announced delayed annual 10-K filing

On 04/30/2015, Lakeland Industries Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Lakeland Industries Plans To Exit Brazilian Market

Lakeland Industries Inc. (NasdaqGM:LAKE) negotiating terms to sell of Lakeland Brasil S.A. to a current officer of Lakeland Brasil. The Sale is approved by Lakeland Industries Board Of Directors. Its expected to be completed in second quarter of 2016. The sale is also subject to entry into definitive agreement and approval by Lakeland Industries senior lender, Alostar Bank of Commerce.

Lakeland Industries and Lakeland Protective Wear Enters into First Amendment to Loan and Security Agreement with Alostar Bank of Commerce

On March 31, 2015, Lakeland Industries Inc. and its wholly-owned subsidiary, Lakeland Protective Wear Inc., entered into a First Amendment to Loan and Security Agreement with AloStar Bank of Commerce relating to their senior revolving credit facility. Pursuant to the Amendment, the parties agreed to (i) reduce the rate of interest on the revolving loans by 200 basis points and correspondingly lower the minimum interest rate floor from 6.25% to 4.25% per annum, and (ii) extend the maturity date of the credit facility to June 28, 2017.


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Valuation LAKE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.6x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x

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