雷克兰工业 2026年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________Commission File Number: 0-15535 LAKELAND INDUSTRIES, INC.(Exact name of Registrant as specified in its charter) (Registrant's telephone number, including area code) (256) 350-3873 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act: Large accelerated filerNonaccelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revisedfinancial accounting standards pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)YesNo Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date. LAKELAND INDUSTRIES, INC.AND SUBSIDIARIES FORM 10-Q The following information of the Registrant and its subsidiaries is submitted herewith: PART I - FINANCIAL INFORMATION: Item 1.Financial Statements (Unaudited)Condensed Consolidated Statements of Operations for the three months ended April 30, 2026 and 20253Condensed Consolidated Statements of Comprehensive Income (Loss) for the three months ended April 30, 2026and 20254Condensed Consolidated Balance Sheets as of April 30, 2026 and January 31, 20265Condensed Consolidated Statements of Stockholders’ Equity for the three months ended April 30, 2026 and 20256Condensed Consolidated Statements of Cash Flows for the three months ended April 30, 2026 and 20258Notes to Condensed Consolidated Financial Statements9Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures About Market Risk28Item 4.Controls and Procedures29PART II - OTHER INFORMATION:Item 1.Legal Proceedings31Item 2.Unregistered Sales of Equity Securities and Use of Proceeds31Item 5Other Information31Item 6.Exhibits32Signature Pages33 LAKELAND INDUSTRIES, INC.AND SUBSIDIARIES LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)($000’s except for share and per share information) LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(UNAUDITED)($000’s) Three Months EndedApril 30,20262025Net income (loss)$369$(3,913)Other comprehensive income:Foreign currency translation adjustments387751Comprehensive income (loss)$756$(3,162) The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. ,LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(UNAUDITED)(000’s except for share information) LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY(UNAUDITED)(000’s except for share information) LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED)($000’s) LAKELAND INDUSTRIES, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 1.Business Lakeland Industries, Inc. and Subsidiaries, doing business as “Lakeland Fire + Safety” (“Lakeland,” the “Company,” “we,”“our” or “us”), manufacture and sell a comprehensive line of fire services and industrial protective clothing and accessories forthe industrial and first responder markets. In addition, we provide decontamination, repair and rental services that complementour fire services portfolio. Our products are sold globally by our in-house sales teams, our customer service group, andauthorized independent sales representatives to a strategic and selective global network of authorized distribution partners. Ou