LAKELAND INDUSTRIES INC
For the period ended Oct 31, 2025. Filed Dec 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Dec 9, 2025
LAKE$9.00+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
($000’s)
| Nine Months EndedOctober 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net (loss) income | $(19,102) | $363 |
| Adjustments to reconcile net (loss) income to net cash used in operating activities | ||
| Deferred income taxes | 2,280 | (431) |
| Depreciation and amortization | 3,615 | 3,011 |
| Lease impairments | 3,577 | — |
| Amortization of step-up in inventory basis | 1,179 | 629 |
| Stock based and restricted stock compensation | 3,022 | 1,081 |
| Loss on disposal of property and equipment | 23 | 75 |
| Gain on sale-leaseback transaction | (4,333) | — |
| Equity in loss of equity investment | — | 384 |
| Change in fair value of earnout consideration | — | (711) |
| Change in operating assets and liabilities, net of effect of business acquisitions | ||
| Accounts receivable, net | (1,178) | (3,219) |
| Inventories | (4,169) | (12,587) |
| Prepaid VAT and other taxes | (497) | (218) |
| Other assets | (2,058) | (2,019) |
| Accounts payable | (1,878) | 7,197 |
| Accrued expenses and other liabilities | 1,993 | (4,147) |
| Operating lease liabilities | (64) | (1,902) |
| Net cash used in operating activities | (17,590) | (12,494) |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (784) | (1,485) |
| Acquisitions, net of cash acquired | (6,165) | (22,950) |
| Proceeds from sale of fixed assets | 5,652 | — |
| Investments in convertible debt instruments | — | (952) |
| Net cash used in investing activities: | (1,297) | (25,387) |
| Cash flows from financing activities: | ||
| Term loan borrowings | 2,086 | 2,880 |
| Payments on debt facilities | (18,835) | (3,418) |
| Credit line borrowings | 36,364 | 29,900 |
| Dividends paid | (858) | (664) |
| Shares returned to pay employee taxes under restricted stock program | (362) | (447) |
| Net cash provided by financing activities | 18,395 | 28,251 |
| Effect of exchange rate changes on cash and cash equivalents | 210 | 247 |
| Net decrease in cash and cash equivalents | (282) | (9,383) |
| Cash and cash equivalents at beginning of period | 17,476 | 25,222 |
| Cash and cash equivalents at end of period | $17,194 | $15,839 |
| Supplemental disclosure of cash flow information: | ||
| Cash paid for interest | $1,525 | $1,032 |
| Cash paid for taxes | $2,550 | $2,631 |
| Stock issued for acquisition | $3,295 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.