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scanx.trade
scanx.trade > stock-market-news > companies > lakeland-industries-settles-monterrey-lease-dispute > 44980616

Lakeland Industries settles Monterrey lease dispute

9+ hour, 48+ min ago   (428+ words) Lakeland Industries has settled a dispute over its Monterrey, Mexico facility lease, terminating the agreement and ending litigation. The resolution removes remaining lease obligations and legal costs, with financial terms undisclosed. A $3.6 million non-cash impairment charge was recorded in the…...

scanx.trade
scanx.trade > stock-market-news > companies > lakeland-fire-safety-q2fy27-results-adjusted-ebitda-ex-fx-up-145-qoq > 50530703

Lakeland Q2 EPS misses, wins £220m UK fire tender

9+ hour, 17+ min ago   (376+ words) The results reflect a strategic shift toward its higher-growth Fire segment, which now accounts for over half of total revenue. Management emphasized that the underlying business is improving despite headwinds from currency fluctuations and one-time charges impacting GAAP profitability. GAAP…...