RONKONKOMA, N.Y., March 5, 2018 /PRNewswire/ -- Lakeland
Industries, Inc. (NASDAQ: LAKE), a leading global manufacturer of
protective clothing for industry, healthcare and to first
responders on the federal, state and local levels, today announced
that its management is scheduled to participate in the
30th Annual ROTH Conference on March 13, 2018.
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Event:
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30th
Annual ROTH Conference
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Date:
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Tuesday, March 13,
2018
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Location:
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The Ritz-Carlton,
Laguna Niguel-Dana Point, CA
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Presentation
Time:
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2:30
p.m. Pacific Time in Purple – Salon 1 Track
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In its most recent financial results for the fiscal 2018 third
quarter ended October 31, 2017,
Lakeland reported a 19% increase in net income to $1.8 million, up from $1.5
million in the prior year period. Free cash flow
increased to $2.6 million, up 24.5%
from $2.0 million in the fiscal 2017
third quarter. Cash at October 31,
2017 increased to $21.5
million, or approximately $2.71 per share, from $10.4 million at beginning of its fiscal year.
Total debt was reduced by 61% to $2.3
million at October 31, 2017
from $5.8 million at the beginning of
the fiscal year.
The ROTH event provides an opportunity to present to a group
audience as well as to meet on a 1:1 basis throughout the day with
institutional investors. To schedule a meeting with management,
please contact the Company's investor relations representative
Jordan Darrow at 512-551-9296 or
jdarrow@darrowir.com. The presentation materials utilized during
the conference will be available on the investor relations section
of Lakeland's website at www.lakeland.com.
About Lakeland Industries, Inc.:
Lakeland Industries,
Inc. (NASDAQ: LAKE) manufactures and sells a comprehensive line of
safety garments and accessories for the industrial protective
clothing market. The Company's products are sold by a direct sales
force and through independent sales representatives to a network of
over 1,000 safety and mill supply distributors. These distributors
in turn supply end user industrial customers such as
chemical/petrochemical, automobile, steel, glass, construction,
smelting, janitorial, pharmaceutical and high technology
electronics manufacturers, as well as hospitals and laboratories.
In addition, Lakeland supplies federal, state, and local government
agencies, fire and police departments, airport crash rescue units,
the Department of Defense, the Centers for Disease Control and
Prevention, and many other federal and state agencies.
For more information concerning Lakeland, please visit the
Company online at www.lakeland.com.
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SOURCE Lakeland Industries, Inc.