Lakeland Industries stock, protective apparel

Lakeland Industries stock posts a mixed Q2 report

Published on 09/23/2026 at 17:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lakeland Industries stock reported USD 50.14 million in Q2 FY2027 revenue on September 9, 2026. Gross margin reached 37.0 percent despite a USD 4.9 million loss.

Lakeland Industries stock, protective apparel, Q2 FY2027 results, earnings, Nasdaq, Illustration mit AI erstellt.

Lakeland Industries (ISIN US5117951062) was trading at USD 10.23 on Nasdaq at 11:27 a.m. ET on September 23, 2026, after reporting a mixed fiscal Q2 FY2027. The company posted USD 50.14 million in quarterly revenue and a USD 4.9 million net loss for the period ended July 31, 2026, according to StockTitan.

Revenue improves sequentially

Q2 revenue increased 5.7 percent from USD 47.4 million in Q1 FY2027, but declined 4.5 percent from USD 52.5 million a year earlier. The comparison shows a recovery from the prior quarter, yet sales remained below the year-ago level.

Fire revenue provided the clearest operating support at USD 26.1 million, up 12 percent sequentially and 2 percent year over year. Fire products represented 52 percent of quarterly sales, compared with 49 percent in both Q2 FY2026 and Q1 FY2027, according to StockTitan.

Margins recover while losses widen

Gross margin reached 37.0 percent in Q2, up from 31.4 percent in Q1 and 35.9 percent a year earlier. Adjusted EBITDA excluding foreign exchange rose to USD 2.7 million from USD 1.1 million sequentially, although it was down 47.1 percent from USD 5.1 million a year earlier.

The bottom line remained the central risk: Lakeland posted a USD 4.929 million net loss versus USD 766,000 of net income in Q2 FY2026. The result included a USD 3.176 million goodwill impairment charge, while first-half operating cash flow reached USD 5.4 million.

Analyst target moves to USD 15

DA Davidson cut its price target from USD 18.00 to USD 15.00 on September 14, 2026, while maintaining a Buy rating, according to MarketBeat. The revised target remains above the USD 10.23 Nasdaq price, but the reduction reflects the tension between improving margins and continued earnings pressure.

Stock remains near its yearly midpoint

Lakeland Industries had a market capitalization of USD 100,961,548 on September 23, 2026. Its 52-week range was USD 7.15 to USD 18.00, placing the current price below the midpoint of that span and leaving the earnings recovery as the key operating variable.