LAKE News

DECATUR, AL / ACCESSWIRE / April 1, 2020 / Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2020 fourth quarter ended January 31, 2020, on Monday, April 15, 2020, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D. Roberson, President and CEO, and Allen E. Dillard, Chief Financial Officer.

DECATUR, AL / ACCESSWIRE / May 14, 2020 / Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced that its management will participate in the 17th Annual Craig-Hallum Institutional Investor Conference being held virtually on Wednesday, May 27, 2020. Lakeland President and Chief Executive Officer Charles D. Roberson and Chief Financial Officer Allen Dillard will be participating in the conference.

NEW YORK, NY / ACCESSWIRE / April 15, 2020 / Lakeland Industries, Inc. (NASDAQ:LAKE) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on April 15, 2020 at ...

DECATUR, AL / ACCESSWIRE / May 27, 2020 / Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2021 first quarter ended April 30, 2020, on Tuesday, June 9, 2020, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D. Roberson, President and CEO, and Allen E. Dillard, Chief Financial Officer.

Q4 2020 Lakeland Industries Inc Earnings Call

Annual Revenues Increase 9% to Record Level as Net Income Jumps 125%; Fourth Quarter Revenues Increase Over 12% Driven by Organic Growth and COVID-19 Demand DECATUR, AL / ACCESSWIRE / April 15, 2020 / ...

Is (LAKE) Outperforming Other Industrial Products Stocks This Year?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

With the Dow Jones and the S&P; 500 plummeting as a result of the coronavirus pandemic, a number of interesting micro-cap stocks have emerged as interesting bets Continue reading...

Is (LAKE) Outperforming Other Industrial Products Stocks This Year?

Today's 5 Stock Ideas: * Sonnet Biotherapeutics (SONN) \- One of Tuesday's most talked-about stocks, shares rallied 60% despite a lack of news from the company. Late Monday, a so-called "think tank" and non-profit, Altru Institute, issued a promotional-leaning research report on Sonnet that highlighted the company's platform as related to coronavirus. Benzinga reached out to Altru to learn more about the organization and the report, but has not yet heard back. * Marriott (MAR) \- Reported occupancy level for 870 hotels in North America was around 10%, while occupancy for 500 hotels in Europe was recently under 10%. * Tractor Supply (TSCO) \- A play on same-day delivery. The company Tuesday reported it had become the first general merchandise retailer to launch same-day delivery from 100% of its stores. * Carnival (CCL) \- A play on continued concerns related to the cruise line industry. After Tuesday news Carnival will extend a pause on operations for two of its cruise lines til June 30, the company's CEO said in a CNBC interview its 2021 bookings were "strong." * Lakeland Industries (LAKE) \- One of the original plays (years before the coronavirus pandemic) on protective apparel/equipment as a tool against infectious disease. The company will report Q4 results after the close Wednesday.See more from Benzinga * Benzinga Pro's Top 5 Stocks To Watch For Fri., Feb. 28, 2020: BYND, TLRY, W, LAKE, FL(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

DECATUR, AL / ACCESSWIRE / March 13, 2020 / Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today addressed the impact on its operations from organic growth and demand relating to the CoVID-19 (or "coronavirus") pandemic. Lakeland's manufacturing facilities in China, Vietnam and India produce disposable personal protective equipment (PPE) apparel that are the most commonly requested type of garments for use amid viral outbreaks such as coronavirus and the Company is experiencing heightened demand for these products.

Silgan (SLGN) puts up a stellar show in Q1 on record volumes across all business segments.

Amid the devastation from the novel coronavirus comes changes to our lexicon. Today, Americans are all too familiar with the term "social distancing." But another phrase has far more crucial implications: personal protective equipment (PPE). With medical professionals and first responders throughout the nation struggling to address the pandemic, Lakeland Industries (NASDAQ:LAKE), a hazard-protection gear manufacturer, has come into the spotlight. As a result, it's no wonder that Lakeland Industries stock has skyrocketed.At the beginning of the year, shares were trading hands just below $11. At its intraday peak, Lakeland Industries stock was approaching the $30 level. Although it didn't quite get there, the surge in momentum symbolized the arrival of a paradigm shift. With the rapidly rising equity price came the realization that this was no longer a foreign problem.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTo further emphasize our new normal, hospitals in hard-hit states became quickly overwhelmed with thousands of daily Covid-19 cases. Although the Trump administration made appeals to companies like 3M (NYSE:MMM) and Honeywell (NYSE:HON) to provide critical PPE, the virus spread faster than many experts anticipated. Unfortunately, this led to hospitals in New York having to come to grips with the fact that they must do without protective equipment.Given the tremendous humanitarian need, this circumstance naturally bolstered the profile of Lakeland Industries stock. Essentially, the coronavirus forced all PPE companies to think in patriotic terms. Furthering this concept, President Trump in early April invoked the Defense Production Act to prevent the export of surgical masks and gloves.Later, the federal government doubled down on this warning. While this environment helps Lakeland Industries stock, the longer-term outlook is questionable. Lakeland Industries Stock No Longer Has Low-hanging FruitIn early March, my colleague Louis Navellier mentioned that LAKE featured solid fundamentals before the pandemic. Obviously, the company today carries the same fundamentals along with a huge uptick in technical sentiment. Further, more investors will likely continue to keep tabs on Lakeland Industries stock after this virus passes. * 7 Penny Stocks To Buy with Massive Upside Potential Certainly, I don't think shares will go to zero. As Navellier stated, the company was relevant before Covid-19 and will be so afterward. Indeed, whether we go back to the old normal or enter a new one, we won't soon forget about PPEs.But does that mean you should buy Lakeland Industries stock at this point? I have serious reservations, primarily because the low-hanging fruit is all gone.For this argument, a visual aid is most appropriate. In this chart, I compare Lakeland Industries stock to worldwide coronavirus cases. As you can see, Wall Street early birds were closely watching developments in China back in January of this year. Gambling on a big outbreak, they bid shares up to $16.10 from $10.97 -- a near-47% increase. Click to Enlarge Source: Chart by Matt McCall Research Team However, sentiment quickly declined as it appeared at one point that the coronavirus could be contained in China. Soon, though, it became apparent that the crisis would deteriorate into a pandemic. In the second half of February, shares surged to $21.11 from $12.05 -- a 75.2% lift.At the time, the move wasn't completely unjustified. Since the end of February, the coronavirus has virtually impacted every corner of the world.However, from late February to April 7, global coronavirus cases increased 1,591%. A big jump, yes, but consider that from late January to late February, cases increased nearly 14,500%.In other words, you'd be buying LAKE toward the end of this crisis. Just Do the MathOf course, I'm not an epidemiologist and I don't claim to know when this crisis will fade exactly. But that's not my point. Rather, I'm discussing the sentiment toward LAKE stock and how it relates to Covid-19 trends.As you can see from the chart, sentiment for the stock has consistently led the rise in coronavirus cases. To put it another way, the massive burst in market value came from investor anticipation. In hindsight, these speculators accurately predicted the first two waves of Covid-19 infections.But will the third time be the charm? I doubt it.You don't have to be a medical expert to know that all health-related hazards eventually fade with time. Mathematically, the cases have already sharply decelerated. If you buy Lakeland Industries stock now, you're gambling that cases will continue to rise sharply.Yes, anything is possible. But with most U.S. jurisdictions (and several countries) imposing emergency shelter-in-place orders, that's a bet that I'm not willing to take.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post The Best Buy Opportunity in Lakeland Industries Stock Is Long Gone appeared first on InvestorPlace.

Grainger (GWW) reports an improvement in the first-quarter 2020 top line despite the coronavirus-induced uncertainty.

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

DECATUR, AL / ACCESSWIRE / April 1, 2020 / Lakeland Industries, Inc. (LAKE) (the "Company" or "Lakeland"), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, will release its financial results for the fiscal 2020 fourth quarter ended January 31, 2020, on Wednesday, April 15, 2020, after the closing of the stock market and will conduct a conference call thereafter on the same day at 4:30 p.m. eastern. The conference call will be hosted by Charles D. Roberson, President and CEO, and Allen E. Dillard, Chief Financial Officer.

In order to sustain margins, Greif (GEF) announces price hikes for coated recycled paperboard and uncoated recycled paperboard in the wake of rising input costs.

Kroger (NYSE:KR) stock is in rare company. Among stocks with a market capitalization over $10 billion, only about 12% have risen so far in 2020. Fewer than 5% have outperformed Kroger stock, which has gained a healthy 5.6%.Source: Jonathan Weiss / Shutterstock.com It's tempting to chalk up the gains to the novel coronavirus pandemic. Consumers have stocked up on essentials ahead of shelter-in-place orders. and that trend has given a big short-term boost to Kroger sales.But there's been more to the 2020 gains than just a short-term boost. And there's more to the long-term case, as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis is one of the country's best companies. Even after the gains, KR stock still looks cheap. In fact, it looks too cheap. And that's just one of the reasons why Kroger stock should keep rallying. Kroger Gets a BoostOn Wednesday, Kroger provided a business update for investors. The company noted "strong sales" in February, the first month of its fiscal year 2020. But March was far more impressive. * 7 Penny Stocks To Buy with Massive Upside Potential According to the release, same-store sales excluding fuel rose a staggering 30%. As a result, Kroger expects its adjusted earnings per share (EPS) growth in the first quarter to be better than its original full-year guidance. That guidance suggested a 5-10% year-over-year increase in FY20.Investors might see even that guidance as conservative. It could be, but it's worth considering two important factors.First, Kroger's costs are going up as well. The company is providing a "hero bonus" of $2 per hour to its hourly frontline employees. Increased sanitation and installation of safety measures like plexiglass partitions will also increase expenses.Certainly, Kroger's first quarter earnings will look solid. But it's unlikely that earnings will grow at the same pace as sales, given higher costs.Secondly, a short-term boost alone doesn't make KR stock a buy. That's true for any stock. Indeed, I've made that argument in expressing caution toward "pandemic plays" like Lakeland Industries (NASDAQ:LAKE) and Alpha Pro Tech (NYSEAMERICAN:APT) that have seen huge gains.The burst in demand will put some extra cash on Kroger's balance sheet. That's helpful, but doesn't make Kroger stock a buy. However, the March figures do show that one key risk might not be what investors believed. Competition for KrogerKR stock hasn't exactly lit the world on fire in recent years. The stock entered 2020 at the same levels at which it traded in late 2014.One key reason for this has been competition. Walmart (NYSE:WMT) has improved its execution and spent heavily on omnichannel retail and grocery delivery and pickup. Meanwhile, Target (NYSE:TGT) has also turned itself around.Additionally, low-cost German operators Aldi and Lidl have expanded across the country. And while competition in the industry always is intense, Kroger has more and better competitors out there now.That's put a lid on the multiple assigned to KR stock. Free cash flow actually has increased over the last six years, as well as adjusted EBITDA. Yet, investors have paid less for those earnings -- due at least in part to competitive fears.What recent results show, however, is that Kroger is holding its own. It's not just the 30% increase in March same-store sales, either. Same-store sales excluding fuel (fuel revenues are significantly impacted by gasoline prices) rose a solid 2% in fiscal 2019.Overall, Kroger is competing hard in a tough space. And while it's not exactly dominating competitors, it's at least driving growth. That growth, however, doesn't seem reflected in the KR stock price. KR Stock Looks CheapIn updating on its sales trends for February and March, Kroger reaffirmed full-year fiscal 2020 adjusted earnings per share guidance of $2.30-$2.40.At the midpoint of that range, EPS would increase about 7.5%. But, Kroger stock trades at less than 14 times the midpoint of that guidance.That multiple doesn't seem to reflect the growth profile of the business -- even excluding the short-term bounce. As recent results show, KR is a defensive stock, whose earnings can and will hold up even in a recession. Profits are still growing, but the valuation assigned KR stock treats its future growth as close to zero.That's not what is happening now. It's not what happened in a particularly strong fourth quarter, either, in which adjusted EPS increased 19% year-over-year.Even the year-to-date rally doesn't seem to incorporate that growth. Kroger is still one of the cheapest large-cap stocks out there. Its business clearly is built for pretty much any environment, and it's matched the efforts of larger rivals in delivery and pickup.That said, it's that combination that underpins the long-term case for KR stock. That case looks solid, and will stay that way even once this crisis passes.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post After a Strong Start to 2020, Kroger Stock Still Has Upside Ahead appeared first on InvestorPlace.

Shares of Lakeland Industries (NASDAQ:LAKE) rose 4.24% Wednesday to close at $17.20. After the bell, the company reported Q4 results.Quarterly Results Earnings per share were up 162.50% year over year to $0.15, which beat the estimate of $0.14.Revenue of $28,189,000 rose by 12.57% from the same period last year, which beat the estimate of $26,360,000.How To Listen To The Conference Call Webcast URL: https://www.lakeland.com/us/investor-relationsTechnicals 52-week high: $28.00View more earnings on LAKE52-week low was at $9.70Price action over last quarter: Up 62.72%Company Description Lakeland Industries Inc manufactures and sells safety garments and accessories for industrial protective clothing market. It offers limited use / disposable protective clothing, chemical protective suits, and firefighting and heat protective apparel. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, as well as scientific and medical laboratories. The company made its sales to more than 40 foreign countries but primarily in China, European Economic Community, Canada, Chile, Argentina, Russia, Colombia, Mexico, Ecuador, Australia and Southeast Asia. It derives the sales primarily from the sale of limited use/disposable protective clothing.See more from Benzinga * Price Over Earnings Overview: American Airlines Group * P/E Ratio Insights for Netflix * Stocks That Hit 52-Week Lows On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.