$Lakeland Industries (LAKE.US)$ NEWS Lakeland Industries, In...
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Lakeland Industries, Inc. reports fiscal 2024 net sales of $124.7 million with a gross margin of 41.1%. The company acquired Jolly Boots and the LHD Group fire and rescue business. FY 25 revenue is expected to be between $140 million to $150 million. Despite challenges in the Asia business, the U.S. and Latin American operations saw significant growth in the past year.
🔸Fiscal 2024 net sales of $124.7 million with a gross margin of 41.1%
🔸Acquisition of Jolly Boots and the LHD Group fire and rescue business
🔸Expected FY 25 revenue range of $140 million to $150 million
🔸Strong growth in U.S. and Latin American operations
🔸Fire services business expanded by over 80% compared to last fiscal year
🔸Acquisition of Jolly Boots and the LHD Group fire and rescue business
🔸Expected FY 25 revenue range of $140 million to $150 million
🔸Strong growth in U.S. and Latin American operations
🔸Fire services business expanded by over 80% compared to last fiscal year
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