Lakeland Q2 FY27 net loss widens to $4.9 million; net sales fall 4.5% to $50.1 million

• Lakeland Industries posted Q2 FY2027 net loss of USD 4.9 million, turning from profit, on net sales down 4.5% to USD 50.1 million.
• Adjusted EBITDA (non-GAAP) fell 72.8% to USD 1.4 million; adjusted EBITDA excluding FX (non-GAAP) dropped 47.1% to USD 2.7 million.
• Gross margin rose 1.1 percentage points to 37.0%, aided by favorable Fire Products mix and a USD 1.4 million net tariff refund.
• Fire revenue increased 2% to USD 26.1 million, lifting mix to 52% of net sales; Fire Services revenue climbed 78% to about USD 3.5 million.
• Management flagged accelerating global tender activity across Fire, citing intended UK framework awards with potential value up to GBP 220 million over seven years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lakeland Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609091601PRIMZONEFULLFEED9824017) on September 09, 2026, and is solely responsible for the information contained therein.