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Lakeland Industries posts 4Q profit

RONKONKOMA, N.Y. (AP) _ Lakeland Industries Inc. (LAKE) on Wednesday reported fiscal fourth-quarter net income of $944,000, after reporting a loss in the same period a year earlier.

The Ronkonkoma, New York-based company said it had profit of 13 cents per share.

The safety garments manufacturer posted revenue of $20.3 million in the period.

For the year, the company said profit was nearly unchanged at $3.9 million. Annual earnings per share also remained unchanged at 53 cents. Revenue was reported as $86.2 million.

Lakeland Industries shares have risen nearly 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.80, a climb of 15 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAKE at https://www.zacks.com/ap/LAKE


Keywords: Lakeland Industries, Earnings Report