Lakeland Industries' Plunge Warrants Concern (Downgrade)
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Daniel JonesInvesting Group LeaderFollow5ShareSavePlay(10min)CommentsSummaryLakeland Industries (LAKE) suffered a >40% share price drop after Q3 FY2026 results missed expectations and management withdrew guidance.Revenue growth was solely acquisition-driven; organic sales declined, and profitability collapsed, with EPS swinging from $0.01 to -$1.64 year-over-year.Management cites transitory macro and operational headwinds, but the absence of guidance and negative cash flow heighten uncertainty and risk.I downgrade LAKE to a soft ‘sell’ given crushed profits, lack of visibility, and elevated risk despite potential upside if turnaround materializes. Trevor Williams/DigitalVision via Getty Images December 10th was a disastrous day for shareholders of Lakeland Industries, Inc. (LAKE). Shares of the company dropped more than 40% at one point. The day before, after the market closed, management This article was written byDaniel Jones35.97K FollowersFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You