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Lakeland Industries, Inc Reports Fiscal 2021 Fourth Quarter and Year End Financial Results
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Lakeland Industries, Inc. Reports Fiscal 2021 Fourth Quarter and Year End Financial Results
- Net Income for Fiscal 2021 Increases 970% Driven by Operating Leverage
- Revenues from International Markets Continue to Outpace Domestic Growth
- Performance Bolstered by Sustainable Improvements from:
Technology Implementation
Continuing SKU Rationalization
- Cash Jumps $38 Million in Fiscal 2021, Ending Year at $52.6 Million with No Debt
DECATUR, AL / ACCESSWIRE / April 15, 2021 / Lakeland Industries, Inc. (NASDAQ:LAKE) (the Company or Lakeland ), a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, today announced financial results for its fiscal 2021 fourth quarter and full year ended January 31, 2021.