Lakeland Industries targets high single-digit revenue growth for FY 2027

Lakeland Industries

16/04/2026 21:15

Overview

US protective clothing maker's Q4 FY26 revenue fell 1.7% yr/yr as Fire Services grew

Gross profit and adjusted EBITDA declined on lower margins and higher costs

Company completed HPFR and HiViz divestiture in March, raising $14 mln in cash

Outlook

Lakeland targets high single-digit revenue growth for FY 2027

Company expects positive operating cash flow in FY 2027

Lakeland sees improved margin consistency from cost reductions and inventory discipline in FY 2027

Result Drivers

FIRE SERVICES GROWTH - Fire Services revenue increased in Q4, partially offsetting declines in other product lines

MARGIN PRESSURE - Gross margin declined due to product mix, underutilized manufacturing, and higher raw material and tariff costs

COST CONTROL AND INVENTORY MANAGEMENT - Improved cost control and inventory discipline supported operating cash flow despite lower revenue

Company press release: ID:nGNX6tWyCJ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Gross Profit
$14.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories peer group is "buy"

Wall Street's median 12-month price target for Lakeland Industries Inc is $15.00, about 60.1% above its April 15 closing price of $9.37

The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 37 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)