Lakeland Industries (LAKE) Reports Q2 EPS of $1.16

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Go back to Lakeland Industries (LAKE) Reports Q2 EPS of $1.16

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

September 9, 2020 4:05 PM EDT

Second Quarter Records Set for Revenues, Operating Income, and Free Cash Flow Driven by COVID-19 Demand and New Industrial Customers;Gross Margins of 49.5% at Highest Level in Company History;Improved Profitability Measures and Operating Efficiencies/Leverage Deliver 269% Increase in Operating Income;Visibility Raised for Sustained Improvements Post-COVID-19;Second Quarter Ends with Cash of $34.9 Million Up 49% from End of First Quarter

DECATUR, AL / ACCESSWIRE / September 9, 2020 / Lakeland Industries, Inc. (NASDAQ:... More