Earnings Call Insights: Lakeland Industries, Inc. (LAKE) Q1 fiscal 2027 Management View "Net sales for the quarter were $47.4 million, an increase of $0.7 million or 1.4% compared to $46.7 million in the prior year period, supported by 11% growth in Fire Services," said (President, CEO & Executive Chairman James Jenkins), adding, "Net income was approximately $0.4 million or $0.04 per basic and di...
Earnings Call Insights: Lakeland Industries, Inc. (LAKE) Q1 fiscal 2027 Management View "Net sales for the quarter were $47.4 million, an increase of $0.7 million or 1.4% compared to $46.7 million in the prior year period, supported by 11% growth in Fire Services," said (President, CEO & Executive Chairman James Jenkins), adding, "Net income was approximately $0.4 million or $0.04 per basic and diluted share." "Demand across our Fire Services platform remains encouraging," said (President, CEO & Executive Chairman Jenkins), highlighting "Our NFPA 1970:2025 certified head-to-toe fire portfolio" and calling the service platform "an important recurring revenue and customer retention opportunity," while also saying, "we are actively pursuing small strategic M&A candidates in attractive and growing geographies within North America." "We expect to open another ISP location in Denver, Colorado, and we are expanding our Arizona PPE facility in Phoenix," said (President, CEO & Executive Chairman Jenkins), and added, "We've also added a CO2 decontamination machine in Fresno, California, to enhance our decontamination capabilities." "During the quarter, we completed the divestiture of our high-performance FR and HiViz product lines for approximately $14 million in cash proceeds," said (President, CEO & Executive Chairman Jenkins), calling it a move that "simplified the business" and "strengthened our balance sheet." "We also strengthened our governance and executive team during the quarter with the appointment of Lee Rudow to our Board of Directors, the appointment of Calven Swinea as chief financial officer, and the appointment of Kevin Rae as executive vice president, EMEA Fire Sales," said (President, CEO & Executive Chairman Jenkins). "Adjusted gross margin was 33.6% compared to 35.2% in the prior year period," said (CFO & Secretary J. Swinea), while also noting, "Net cash provided by operating activities was $5.8 million in the quarter." Outlook "We continue to expect hig...
A viral post of a couple lying and cuddling in the middle of a public field in Malaysia has drawn outrage and calls for religious authorities to act in the Muslim-majority country, where public intimacy can quickly turn into a morality row. In one of the clips, uploaded to social media on Tuesday, a man and woman lie facing each other at Dataran Kemerdekaan in Shah Alam, the capital of Selangor st...
A viral post of a couple lying and cuddling in the middle of a public field in Malaysia has drawn outrage and calls for religious authorities to act in the Muslim-majority country, where public intimacy can quickly turn into a morality row. In one of the clips, uploaded to social media on Tuesday, a man and woman lie facing each other at Dataran Kemerdekaan in Shah Alam, the capital of Selangor state. Another shows the woman with her head on the man’s lap. Social media users claimed the pair...
Goldman Sachs significantly raised Micron's price target: 'Q3 results' will be impressive, and supply-demand tightness is expected to persist through 2027! Moomoo
Goldman Sachs significantly raised Micron's price target: 'Q3 results' will be impressive, and supply-demand tightness is expected to persist through 2027! Moomoo
Chemical fertilizers being loaded onto a ship in Yantai Port, Shandong on April 27, 2026. Photo: VCG Amid mounting geopolitical friction and shifting global trade winds, China’s export engine is roaring back to life. But the primary fuel isn’t cheap apparel or plastic toys — it is the global artificial intelligence boom. In May 2026, China’s exports surged 19.4% year-over-year. A deeper look at th...
Chemical fertilizers being loaded onto a ship in Yantai Port, Shandong on April 27, 2026. Photo: VCG Amid mounting geopolitical friction and shifting global trade winds, China’s export engine is roaring back to life. But the primary fuel isn’t cheap apparel or plastic toys — it is the global artificial intelligence boom. In May 2026, China’s exports surged 19.4% year-over-year. A deeper look at the data reveals a stark transformation in the nation’s economic drivers. Integrated circuits and automatic data processing equipment contributed nearly half of all export growth. Concurrently, traditional labor-intensive exports, including clothing and toys, saw outright declines.
US Seeking 'Precise Info' On Iran's Enriched Uranium Via IAEA Board Via The Cradle Washington has turned to the International Atomic Energy Agency (IAEA) Board of Governors in order to determine the fate of Iran’s highly enriched uranium, according to reports by Reuters and other media outlets. Sources cited by Reuters – which obtained a draft of a resolution being pushed by the US – said that Ira...
US Seeking 'Precise Info' On Iran's Enriched Uranium Via IAEA Board Via The Cradle Washington has turned to the International Atomic Energy Agency (IAEA) Board of Governors in order to determine the fate of Iran’s highly enriched uranium, according to reports by Reuters and other media outlets. Sources cited by Reuters – which obtained a draft of a resolution being pushed by the US – said that Iran is being called on to “provide the Agency with precise information on nuclear material accountancy and safeguarded nuclear facilities in Iran.” via Reuter The US draft also calls on Tehran to grant “all access it requires to verify this information,” adding that Iranian cooperation is “essential and urgent” and must happen “without delay.” The text does not refer Iran to the UN Security Council, which would have followed up on the IAEA resolution declaring Tehran in breach of its obligations under the Non-Proliferation Treaty (NPT). That resolution was issued on 12 June 2025, a day before the US-backed 12-day war on Iran last year. Diplomats told Reuters that such a move was “under consideration.” Al Mayadeen also reported, citing its own draft copy of the resolution, that Washington is lobbying states on the IAEA Board to back its push. This came as IAEA chief Rafael Grossi called on Tehran to “re-engage” with the IAEA. “I call on Iran to engage the Agency constructively in order to facilitate the full and effective implementation of safeguards in Iran,” he said, adding that “It's very important that we re-engage.” Reuters reported earlier in June that the US was preparing a draft resolution to condemn Iran at an upcoming IAEA meeting. Tehran has repeatedly accused the IAEA of passing along sensitive information to Israel . At the end of the 12-day war last year, the US attacked key Iranian nuclear sites and claimed it “obliterated” Tehran’s entire nuclear program. Intelligence assessments indicated at the time that Washington’s claims were false. Since then, the IAEA h...