Tearsheet

Lakeland Industries (LAKE)


Market Price (4/22/2026): $10.97 | Market Cap: $107.6 Mil
Sector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods

Lakeland Industries (LAKE)


Market Price (4/22/2026): $10.97
Market Cap: $107.6 Mil
Sector: Consumer Discretionary
Industry: Apparel, Accessories & Luxury Goods

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%

Megatrend and thematic drivers
Megatrends include Industrial Safety & Protection. Themes include Personal Protective Equipment (PPE), Hazardous Material Protection, and Industrial Fire Safety.

Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -82%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.1%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -1.7%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8.2%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -9.3%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27%

Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.79

Key risks
[LAKE] key risks include [1] operational inefficiencies leading to elevated inventory, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%
1 Megatrend and thematic drivers
Megatrends include Industrial Safety & Protection. Themes include Personal Protective Equipment (PPE), Hazardous Material Protection, and Industrial Fire Safety.
2 Weak multi-year price returns
2Y Excs Rtn is -70%, 3Y Excs Rtn is -82%
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -14 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7.1%
5 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -1.7%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -8.2%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -9.3%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -27%
8 Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 15.79
9 Key risks
[LAKE] key risks include [1] operational inefficiencies leading to elevated inventory, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Lakeland Industries (LAKE) stock has gained about 25% since 12/31/2025 because of the following key factors:

1. Analyst Reaffirmation and Optimistic Price Targets. Following a significant decline in December 2025 due to missed earnings, analysts from Roth Capital and Lake Street issued "Buy" ratings and price targets as high as $19.0 on December 10, 2025, just before the specified period. This positive reassessment of Lakeland Industries' valuation likely contributed to renewed investor interest and provided a floor for the stock after it closed at $9.16 on December 10, 2025.

2. Strategic Pivot and Certifications in the Fire Services Segment. Lakeland Industries continued its strategic pivot into the fire services market, which saw substantial growth in fiscal year 2026. The company's net sales increased by 15.2% to $192.6 million for the full fiscal year, with fire services revenue specifically surging by 48.6% to $93.6 million, now representing approximately 49% of total sales. Additionally, the achievement of "numerous NFPA 1970 2025 certifications" for its fire brands was highlighted by management as a "commercial unlock" to drive future sales in this key segment.

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Stock Movement Drivers

Fundamental Drivers

The 23.8% change in LAKE stock from 12/31/2025 to 4/21/2026 was primarily driven by a 25.0% change in the company's P/S Multiple.
(LTM values as of)123120254212026Change
Stock Price ($)8.8410.9423.8%
Change Contribution By: 
Total Revenues ($ Mil)193193-0.4%
P/S Multiple0.40.625.0%
Shares Outstanding (Mil)1010-0.5%
Cumulative Contribution23.8%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/21/2026
ReturnCorrelation
LAKE23.8% 
Market (SPY)-5.4%50.6%
Sector (XLY)-0.4%41.5%

Fundamental Drivers

The -25.9% change in LAKE stock from 9/30/2025 to 4/21/2026 was primarily driven by a -24.2% change in the company's P/S Multiple.
(LTM values as of)93020254212026Change
Stock Price ($)14.7710.94-25.9%
Change Contribution By: 
Total Revenues ($ Mil)1921930.5%
P/S Multiple0.70.6-24.2%
Shares Outstanding (Mil)1010-2.8%
Cumulative Contribution-25.9%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/21/2026
ReturnCorrelation
LAKE-25.9% 
Market (SPY)-2.9%16.8%
Sector (XLY)-0.5%17.5%

Fundamental Drivers

The -45.8% change in LAKE stock from 3/31/2025 to 4/21/2026 was primarily driven by a -43.6% change in the company's P/S Multiple.
(LTM values as of)33120254212026Change
Stock Price ($)20.2010.94-45.8%
Change Contribution By: 
Total Revenues ($ Mil)15219326.9%
P/S Multiple1.00.6-43.6%
Shares Outstanding (Mil)710-24.2%
Cumulative Contribution-45.8%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/21/2026
ReturnCorrelation
LAKE-45.8% 
Market (SPY)16.3%35.6%
Sector (XLY)21.2%33.4%

Fundamental Drivers

The -23.6% change in LAKE stock from 3/31/2023 to 4/21/2026 was primarily driven by a -42.7% change in the company's P/S Multiple.
(LTM values as of)33120234212026Change
Stock Price ($)14.3110.94-23.6%
Change Contribution By: 
Total Revenues ($ Mil)11119374.1%
P/S Multiple1.00.6-42.7%
Shares Outstanding (Mil)810-23.4%
Cumulative Contribution-23.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/21/2026
ReturnCorrelation
LAKE-23.6% 
Market (SPY)63.3%30.1%
Sector (XLY)62.7%28.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LAKE Return-20%-39%41%39%-65%23%-59%
Peers Return20%-13%18%11%13%-1%52%
S&P 500 Return27%-19%24%23%16%4%89%

Monthly Win Rates [3]
LAKE Win Rate42%42%58%67%42%50% 
Peers Win Rate62%45%45%55%55%55% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
LAKE Max Drawdown-31%-48%-18%-17%-69%-14% 
Peers Max Drawdown-4%-30%-13%-10%-17%-9% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DD, MMM, MSA, KMB, CDRE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/21/2026 (YTD)

How Low Can It Go

Unique KeyEventLAKES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-75.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven308.0%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-39.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven64.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven35 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-39.3%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven64.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven220 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-66.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven199.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,031 days1,480 days

Compare to DD, MMM, MSA, KMB, CDRE

In The Past

Lakeland Industries's stock fell -75.5% during the 2022 Inflation Shock from a high on 2/9/2021. A -75.5% loss requires a 308.0% gain to breakeven.

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About Lakeland Industries (LAKE)

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire. The company also provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, and FR cotton coveralls/pants/jackets used in petrochemical, refining operations, and electrical utilities; FR fabrics; and cotton and polycotton coveralls, lab coats, pants, and shirts. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of approximately 1,600 safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was incorporated in 1982 and is headquartered in Huntsville, Alabama.

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Carhartt for industrial hazard protection.

Under Armour for industrial safety apparel.

A highly focused Honeywell specializing in protective industrial clothing.

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  • Limited Use/Disposable Protective Clothing: Protective garments such as coveralls, lab coats, shirts, and pants designed for single or short-term use.
  • High-End Chemical Protective Suits: Specialized suits offering protection against highly concentrated chemicals and biological toxins.
  • Firefighting and Heat Protective Apparel: Garments and accessories designed to protect against fire and extreme heat.
  • Durable Woven Garments: Long-lasting clothing including electrostatic dissipative apparel, flame-resistant wear, and standard cotton/polycotton workwear.
  • High Visibility Clothing: Reflective garments such as vests, jackets, and T-shirts for enhanced safety in low-light conditions.
  • Industrial Gloves and Sleeves: Hand and arm protection for various industrial applications like automotive, glass, and metal fabrication.
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Lakeland Industries (LAKE) primarily sells its products to other companies. The company sells to a network of approximately 1,600 safety and industrial supply distributors worldwide. The provided information does not identify specific major customer companies by name or their public symbols, indicating a diversified customer base within the distribution sector.

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James M. Jenkins, President, Chief Executive Officer and Executive Chairman

James M. Jenkins assumed the role of President and CEO of Lakeland Industries on June 1, 2024, and also serves as Executive Chairman, a position he took on in August 2023. Prior to his current roles, he served as Acting CEO from February 1, 2024. Mr. Jenkins' involvement with Lakeland's board of directors dates back to 2016, with an earlier period from 2012 to 2015. Before joining Lakeland, he was the Chief Legal Officer, Corporate Development Officer, and Corporate Secretary at Transcat, Inc., where he was recognized for significantly increasing the company's market capitalization and revenue, notably through leading an acquisition strategy that involved ten company acquisitions. Earlier in his career, he was a partner at Harter Secrest & Emery LLP, a law firm, where he chaired the firm's Securities Practice Group and was a member of its Management Committee.

Calven Swinea, Chief Financial Officer

Calven Swinea was appointed Chief Financial Officer of Lakeland Industries, effective February 17, 2026. He previously served as Interim CFO since January 2026 and as Vice President of Finance since September 2020. Before his tenure at Lakeland, Mr. Swinea held the position of Global Corporate Controller at Elliott Group, a turbomachinery manufacturer, from September 2019 to September 2020. He also worked as a consultant for various public companies from October 2015 to September 2019. From August 2010 to October 2015, he was the Vice President of Administration and Vice President of Internal Audit for Walter Energy, Inc., a metallurgical coal producer. His professional background also includes finance positions at Avocent Corporation and Sanmina Corporation, and he previously served as a senior manager at EY LLP.

Hui ("Helena") An, Chief Operating Officer

Hui ("Helena") An serves as the Chief Operating Officer of Lakeland Industries and has also been noted as the Vice President of Procurement & Asia Operation. She was identified as a member of the company's executive management team in an October 2023 announcement.

Joshua Sletten, Vice President of Corporate Development and Strategy

Joshua Sletten holds the role of Vice President of Corporate Development and Strategy at Lakeland Industries. He was recognized as part of the company's executive management team in an October 2023 announcement.

Daniel L. Edwards, Senior Vice President of Sales for North America

Daniel L. Edwards is the Senior Vice President of Sales for North America at Lakeland Industries.

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Key Risks to Lakeland Industries (LAKE)

  1. Exposure to Economic Downturns and Cyclical Industries: Lakeland Industries primarily serves industrial sectors such as oil, chemical/petrochemical, automobile, steel, construction, and manufacturing. These industries are often cyclical and highly sensitive to broader economic conditions. A slowdown in global or regional economic activity, reduced industrial production, or decreased capital expenditures within these sectors could lead to a significant decrease in demand for protective clothing, directly impacting Lakeland's sales and profitability.
  2. Compliance with Evolving Safety Standards and Regulations: The protective clothing market is subject to stringent and often changing safety standards and regulations across various industries and geographies, covering aspects like chemical protection, fire resistance, and electrostatic discharge. Lakeland Industries must continuously monitor, adapt to, and comply with these evolving requirements. Failure to meet current or future standards could result in product recalls, legal liabilities, reputational damage, and loss of market access or competitive advantage, while also requiring significant investment in research and development or manufacturing adjustments.
  3. Raw Material Price Volatility and Supply Chain Disruptions: As a manufacturer of protective clothing, Lakeland Industries relies on a variety of raw materials, including specialized fabrics, chemicals, and other components. Fluctuations in the global prices of these raw materials due to supply and demand imbalances, geopolitical events, trade policies, or natural disasters could significantly increase the company's cost of goods sold and reduce profit margins. Furthermore, disruptions to the global supply chain, such as transportation delays, labor shortages, or supplier failures, could impact production schedules and the ability to deliver products to customers in a timely manner.

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Lakeland Industries (symbol: LAKE) operates in several significant addressable markets for its diverse range of industrial protective clothing and accessories. While individual product market sizes can vary across different research reports, the following provides an overview of the addressable markets for its main product categories, along with their respective regions.

Industrial Protective Clothing (Overall)

  • The global industrial protective clothing market was valued at approximately USD 12.23 billion in 2023 and is projected to reach around USD 20.63 billion by 2032, with a compound annual growth rate (CAGR) of 5.98% during this period.
  • Another estimate places the global industrial protective clothing market at USD 19.55 billion in 2025, with a projection to reach USD 69.12 billion by 2034, growing at a significant CAGR of 15.06%.
  • North America is a leading market for industrial protective clothing, holding approximately 40% of the global market share. Europe also held a substantial share, dominating the global market in 2022 with 38%.

High-End Chemical Protective Suits

  • The global chemical protective suits market was estimated at approximately USD 9.49 billion in 2024 and is projected to grow to around USD 20.15 billion by 2035, at a CAGR of 7.08%.
  • Another report indicated the global chemical protective suits market size was USD 10.25 billion in 2024 and is projected to reach USD 18.64 billion by 2033, with a CAGR of 6.9%.
  • North America held the largest revenue share in the chemical protective suits market, accounting for 31.6% in 2024.
  • The broader hazmat suits market, which includes chemical protective suits, was valued at USD 6.73 billion in 2020 and is projected to reach USD 11.61 billion in 2030.

Firefighting and Heat Protective Apparel (Flame Resistant Clothing)

  • The global flame retardant clothing market was valued at approximately USD 2.04 billion in 2024 and is projected to grow to USD 2.71 billion by 2034, at a CAGR of 4.2%.
  • The global flame retardant apparel market size was USD 3.91 billion in 2024 and is projected to grow at a CAGR of 6.70% from 2025 to 2034.
  • The global firefighter personal protective equipment (PPE) market was valued at USD 2.10 billion in 2024 and is projected to reach USD 3.23 billion by 2033, with a CAGR of 5.0%.
  • North America is the largest market for flame retardant apparel, holding approximately 45% of the global market share.

High Visibility Clothing

  • The global high visibility clothing market was valued at approximately USD 1.78 billion in 2024 and is predicted to grow to about USD 3.68 billion by 2035, at a CAGR of 6.83%.
  • Other estimates for the global high-visibility clothing market range from USD 1.70 billion to USD 1.90 billion in 2024, with projections to reach between USD 2.53 billion and USD 3.14 billion by 2032-2034.
  • Asia Pacific dominated the global revenue share for high visibility clothing in 2024, accounting for 34.0%. However, North America was also noted as the most significant global market with a 35.45% market revenue share in 2024.

Gloves and Sleeves (Cut-Resistant Gloves)

  • The global cut-resistant gloves market size was valued at USD 5.84 billion in 2024 and is expected to reach USD 7.99 billion by 2032, at a CAGR of 4.00%.
  • Another estimate for the global cut-resistant gloves market size was USD 1.82 billion in 2024, projected to grow to USD 2.36 billion by 2034 with a CAGR of 3.9%.
  • For cut-resistant gloves specifically for material handling, the global market size reached USD 2.14 billion in 2024 and is projected to expand to USD 4.01 billion by 2033, with a CAGR of 7.1%.
  • North America is the largest market for cut-resistant gloves, holding approximately 40% of the global market share. The Asia Pacific region is also a significant and rapidly growing market.

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Here are 3-5 expected drivers of future revenue growth for Lakeland Industries (LAKE) over the next 2-3 years:

  1. Strategic Acquisitions and Integration: Lakeland Industries has been actively pursuing and integrating strategic acquisitions, such as Veridian, LHD, Jolly Scarpe, Pacific Helmets, Arizona PPE Recon, and California PPE Recon. These acquisitions are contributing significantly to revenue growth and are expanding the company's product lines and service offerings, particularly in the Fire Services sector.
  2. Growth in Fire Services Product Line and Related Services: The Fire Services product line is a key area of strong growth for Lakeland Industries. This includes protective apparel for firefighters, as well as decontamination, repair, and rental services. This segment has shown substantial increases in sales and is a strategic focus for future revenue generation.
  3. Organic Sales Growth in Key Geographic Markets: Beyond acquisitions, Lakeland Industries is experiencing organic revenue growth in crucial regions such as the United States, Canada, and Europe. This growth is driven by the performance of its core industrial and Fire Services businesses in these markets.
  4. Expansion of Global Footprint and Market Penetration: The company is focused on expanding its global presence and increasing market share by entering new territories and deepening its penetration in existing markets. Acquisitions contribute to this expansion by extending geographic customer reach, and Lakeland leverages its established global manufacturing and distribution capabilities for further growth.

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Share Repurchases

  • Lakeland Industries' shares outstanding decreased from 7.84 million in 2021 to 7.42 million in 2023, indicating net share repurchases during this period.

Share Issuance

  • Between 2024 and 2025, Lakeland Industries experienced a significant increase in shares outstanding, rising from 7.42 million to 9.75 million, representing a 31.29% change.
  • As of April 10, 2025, there were 9,498,604 shares of common stock outstanding, compared to 7,371,730 shares outstanding as of April 10, 2024.
  • Overall, the number of shares outstanding increased by 22.87% in the last year (as of March 2026).

Outbound Investments

  • Lakeland Industries completed several acquisitions, including the LHD Group Deutschland GmbH (and its subsidiaries in Hong Kong and Australia) in July 2024 for approximately $16.3 million, enhancing its global fire services market presence and adding firefighter gear and protective equipment.
  • The company acquired Jolly Scarpe S.p.A. and its Romanian affiliate in February 2024 for $2.16 million, specializing in professional footwear for emergency services.
  • Other acquisitions include Pacific Helmets NZ Limited for $8.5 million in November 2023 (helmets for firefighting and rescue), Arizona PPE Recon, Inc. and California PPE Recon, Inc. in 2025 (PPE decontamination and repair services), and Veridian Limited for $26.1 million in December 2025 (firefighter protective apparel).

Capital Expenditures

  • Capital expenditures for Lakeland Industries in the last 12 months (as of March 2026) amounted to approximately -$839,000.

Better Bets vs. Lakeland Industries (LAKE)

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Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
SKY_3312026_Dip_Buyer_FCFYield03312026SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
0.0%0.0%0.0%
DPZ_3272026_Dip_Buyer_FCFYield03272026DPZDomino's PizzaDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.1%3.1%0.0%
ETSY_3272026_Dip_Buyer_FCFYield03272026ETSYEtsyDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.6%5.6%0.0%
OLLI_3272026_Dip_Buyer_ValueBuy03272026OLLIOllie's Bargain OutletDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
3.1%3.1%0.0%
PATK_3272026_Insider_Buying_GTE_1Mil_EBITp+DE_V203272026PATKPatrick IndustriesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
3.4%3.4%-1.6%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LAKEDDMMMMSAKMBCDREMedian
NameLakeland.DuPont d.3M MSA Safe.Kimberly.Cadre  
Mkt Price10.9446.71148.47171.8196.6029.4571.66
Mkt Cap0.119.379.36.732.11.213.0
Rev LTM1937,52424,9481,87517,2336104,699
Op Inc LTM-149184,7913922,48975655
FCF LTM-18161,3962951,63957176
FCF 3Y Avg-9-5352,3661962,30950123
CFO LTM-165602,3063642,77764462
CFO 3Y Avg-77233,6022513,18456487

Growth & Margins

LAKEDDMMMMSAKMBCDREMedian
NameLakeland.DuPont d.3M MSA Safe.Kimberly.Cadre  
Rev Chg LTM15.2%1.4%1.5%3.7%-2.2%7.5%2.6%
Rev Chg 3Y Avg19.9%-11.9%-9.5%7.3%-4.8%10.2%1.2%
Rev Chg Q-1.7%-21.2%2.0%2.2%-0.6%-5.0%-1.2%
QoQ Delta Rev Chg LTM-0.4%-4.2%0.5%0.6%-0.1%-1.4%-0.3%
Op Inc Chg LTM-1,173.4%12.8%-0.6%-1.9%-15.2%3.1%-1.3%
Op Inc Chg 3Y Avg-414.7%-15.8%-69.1%13.5%-1.7%68.6%-8.8%
Op Mgn LTM-7.1%12.2%19.2%20.9%14.4%12.3%13.4%
Op Mgn 3Y Avg-0.5%11.9%-0.0%21.5%15.4%12.4%12.1%
QoQ Delta Op Mgn LTM-1.3%-1.3%-1.3%-0.1%0.5%-1.4%-1.3%
CFO/Rev LTM-8.2%7.4%9.2%19.4%16.1%10.4%9.8%
CFO/Rev 3Y Avg-3.0%10.2%13.9%13.7%18.4%10.4%12.0%
FCF/Rev LTM-9.3%0.2%5.6%15.8%9.5%9.3%7.5%
FCF/Rev 3Y Avg-4.2%-8.1%9.1%10.7%13.3%9.2%9.2%

Valuation

LAKEDDMMMMSAKMBCDREMedian
NameLakeland.DuPont d.3M MSA Safe.Kimberly.Cadre  
Mkt Cap0.119.379.36.732.11.213.0
P/S0.62.63.23.61.92.02.3
P/Op Inc-7.921.016.617.212.916.316.4
P/EBIT-6.9-87.415.416.913.116.314.2
P/E-4.2-24.824.424.115.927.720.0
P/CFO-6.834.534.418.511.519.218.8
Total Yield-22.5%-0.9%5.1%4.2%11.5%4.9%4.5%
Dividend Yield1.1%3.1%1.0%0.0%5.2%1.3%1.2%
FCF Yield 3Y Avg-9.0%-1.6%4.2%3.1%5.8%3.6%3.3%
D/E0.40.20.20.10.20.30.2
Net D/E0.30.10.10.10.20.20.1

Returns

LAKEDDMMMMSAKMBCDREMedian
NameLakeland.DuPont d.3M MSA Safe.Kimberly.Cadre  
1M Rtn41.7%10.1%5.1%1.0%-1.6%-6.7%3.1%
3M Rtn22.5%10.9%-4.5%-4.8%-3.6%-30.3%-4.1%
6M Rtn-33.6%45.3%-10.1%2.5%-17.5%-28.5%-13.8%
12M Rtn-28.9%98.3%19.9%22.2%-28.0%2.2%11.0%
3Y Rtn-10.1%77.4%88.2%36.0%-23.4%40.3%38.1%
1M Excs Rtn33.1%1.5%-3.4%-7.6%-10.2%-15.3%-5.5%
3M Excs Rtn18.6%7.0%-8.4%-8.7%-7.6%-34.2%-8.0%
6M Excs Rtn-37.3%42.1%-7.9%-1.3%-24.5%-33.3%-16.2%
12M Excs Rtn-63.1%64.5%-17.6%-13.0%-63.1%-36.9%-27.2%
3Y Excs Rtn-81.7%5.2%15.1%-34.6%-91.7%-34.5%-34.5%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Disposables50556710453
Fire Service2615889
Chemical2022243123
Wovens138772
High Performance Wear754210
High Visibility76648
Gloves22233
Total125113118159108


Price Behavior

Price Behavior
Market Price$10.94 
Market Cap ($ Bil)0.1 
First Trading Date03/26/1990 
Distance from 52W High-44.7% 
   50 Days200 Days
DMA Price$9.01$12.33
DMA Trenddowndown
Distance from DMA21.4%-11.3%
 3M1YR
Volatility64.1%68.0%
Downside Capture-0.280.42
Upside Capture65.8719.26
Correlation (SPY)27.9%21.0%
LAKE Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.391.341.380.941.241.05
Up Beta3.072.291.950.581.201.01
Down Beta2.111.671.531.531.631.47
Up Capture-11%62%111%-21%20%30%
Bmk +ve Days7162765139424
Stock +ve Days10203259126361
Down Capture143%130%121%129%129%101%
Bmk -ve Days12233358110323
Stock -ve Days11202962120373

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LAKE
LAKE-29.5%67.9%-0.19-
Sector ETF (XLY)29.2%19.4%1.2023.3%
Equity (SPY)23.7%12.7%1.5223.6%
Gold (GLD)41.4%27.5%1.250.5%
Commodities (DBC)22.4%16.2%1.25-7.2%
Real Estate (VNQ)14.2%13.8%0.7223.2%
Bitcoin (BTCUSD)-10.4%42.7%-0.1419.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LAKE
LAKE-16.7%47.8%-0.20-
Sector ETF (XLY)6.9%23.8%0.2524.9%
Equity (SPY)10.8%17.1%0.4927.3%
Gold (GLD)21.6%17.8%0.995.3%
Commodities (DBC)10.9%18.8%0.475.1%
Real Estate (VNQ)4.1%18.8%0.1220.9%
Bitcoin (BTCUSD)3.8%56.4%0.2913.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LAKE
LAKE-0.6%48.3%0.18-
Sector ETF (XLY)12.9%22.0%0.5413.6%
Equity (SPY)13.9%17.9%0.6711.6%
Gold (GLD)13.7%15.9%0.715.4%
Commodities (DBC)8.2%17.6%0.391.3%
Real Estate (VNQ)5.4%20.7%0.234.9%
Bitcoin (BTCUSD)68.0%66.9%1.078.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity1.6 Mil
Short Interest: % Change Since 31520267.1%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest15.8 days
Basic Shares Quantity9.8 Mil
Short % of Basic Shares16.1%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/16/202625.6%  
12/9/2025-39.0%-44.6%-40.9%
9/10/20253.2%5.5%25.5%
4/9/2025-14.3%-13.6%-7.0%
12/6/2024-4.0%-1.1%9.5%
9/4/2024-7.8%-17.7%-19.0%
4/11/2024-4.9%-10.6%0.1%
12/7/2023-1.8%2.6%14.5%
...
SUMMARY STATS   
# Positive469
# Negative15129
Median Positive7.4%3.8%11.0%
Median Negative-4.9%-10.0%-11.3%
Max Positive25.6%9.9%37.0%
Max Negative-39.0%-44.6%-40.9%

SEC Filings

Expand for More
Report DateFiling DateFiling
01/31/202604/16/202610-K
10/31/202512/09/202510-Q
07/31/202509/09/202510-Q
04/30/202506/09/202510-Q
01/31/202504/17/202510-K
10/31/202412/10/202410-Q
07/31/202409/06/202410-Q
04/30/202406/06/202410-Q
01/31/202404/11/202410-K
10/31/202312/07/202310-Q
07/31/202309/06/202310-Q
04/30/202306/07/202310-Q
01/31/202304/18/202310-K
10/31/202212/08/202210-Q
07/31/202209/08/202210-Q
04/30/202206/09/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2026 Earnings Reported 4/16/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2027 Revenue Growth7.0%8.5%10.0%  Higher New

Prior: Q3 2026 Earnings Reported 12/9/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Operating Expense Reduction 1.30 Mil    

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Jenkins, James MPresident, CEO & Exec. ChairDirectBuy10520268.881,12710,003839,733Form
2Phillips, Barry GChief Revenue Officer - FireDirectBuy122920258.711,25010,888163,765Form
3Yartz, Laurel AChief Human Resources OfficerDirectBuy122320258.151,35011,000128,979Form
4Jenkins, James MPresident, CEO & Exec. ChairDirectBuy121920257.921,26510,019740,029Form
5Shannon, Roger DChief Financial OfficerDirectSell121820258.068,86971,484290,370Form