2024-02-15 03:34:50 ET
Summary
- Lakeland Industries is a global manufacturer and seller of protective equipment for high-risk activities.
- The company has experienced significant changes in management and has made over $30 million in acquisitions.
- Despite these changes, Lakeland's operating dynamics have not improved, and its profitability remains low, making it an unattractive investment at current prices.
Lakeland Industries ( LAKE ) is a global manufacturer and seller of protective equipment for high-risk activities like firefighting, security, industrial, or healthcare....
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Lakeland Is Changing But Still Overvalued