Lakeland Industries Shares Drop Premarket After Guidance is Withdrawn

Dow Jones12-10

By Robb M. Stewart

Lakeland Industries' shares were under pressure Wednesday after the safety-gear manufacturer swung to a loss in the latest quarter and pulled its full-year guidance as price pressures and uncertainty squeeze its margins.

In premarket trading, the shares were 24% lower after ending the prior session at $15.01. The stock has already fallen more than 40% so far this year.

The maker of protective clothing and apparel warned that macroeconomic challenges, as well as problems within its business, are weighing on revenue, including pressures from tariffs and raw material supply-chain cost inflation.

Lakeland said revenue softness was visible across its portfolio in the U.S., Canada, Latin America, and parts of the Europe, Middle East and Africa region amid political uncertainty. The company's acquired businesses also came in below plan due to timing, certification delays, and material flow issues, it said.

The company swung to a loss in the third quarter of $16 million, compared with a year-earlier profit of $86,000.

Revenue was $47.6 million, missing analysts' estimate of $56.6 million.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

December 10, 2025 07:04 ET (12:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Stewart \n\n\n \n\n\n  Lakeland Industries' shares were under pressure Wednesday after the safety-gear manufacturer swung to a loss in the latest quarter and pulled its full-year guidance as price pressures and uncertainty squeeze its margins. \n\n\n  In premarket trading, the shares were 24% lower after ending the prior session at $15.01. The stock has already fallen more than 40% so far this year. \n\n\n  The maker of protective clothing and apparel warned that macroeconomic challenges, as well as problems within its business, are weighing on revenue, including pressures from tariffs and raw material supply-chain cost inflation. \n\n\n  Lakeland said revenue softness was visible across its portfolio in the U.S., Canada, Latin America, and parts of the Europe, Middle East and Africa region amid political uncertainty. The company's acquired businesses also came in below plan due to timing, certification delays, and material flow issues, it said. \n\n\n  The company swung to a loss in the third quarter of $16 million, compared with a year-earlier profit of $86,000. \n\n\n  Revenue was $47.6 million, missing analysts' estimate of $56.6 million. \n\n\n \n\n\n  Write to Robb M. 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