Lakeland Industries Reports Record Q2 2026 Sales Growth
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Lakeland Industries reported record Q2 2026 net sales of $52.5 million, a 36% year-over-year increase, driven by Fire Service products and acquisitions. The company is streamlining operations, including facility closures and a sale-leaseback expected to save $4 million annually. Lakeland's inclusion in the Russell 3000 and 2000 indices marks a growth milestone. Analysts rate LAKE stock as Hold with a $15.50 target, while Spark's AI Analyst gives it a Neutral score due to revenue growth but highlights profitability challenges and valuation concerns.
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