Lakeland Industries (LAKE) Reports Q1 EPS of $1.08, Revenues Surge 85%

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Lakeland Industries, Inc. Reports Fiscal 2021 First Quarter Financial Results

June 9, 2020 4:05 PM EDT

- Revenues Increase 85% to $45.6 Million as Net Income Jumps to $8.6 Million, Both Record Levels;
- Performance Driven by COVID-19 Demand as Manufacturing Capabilities and Operating Leverage Magnified;
- Company Ends Quarter with Cash Increasing $8.9 Million to $23.5 Million

DECATUR, AL / ACCESSWIRE / June 9, 2020 / Lakeland Industries, Inc. (NASDAQ: LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2021 first quarter ended April 30, 2020.

Fiscal 2021 First Quarter... More