MRO Magazine

Lakeland Industries Announces Preliminary Schedule for Reporting of Fiscal 2015 Financial Results

By PRN NewsWire   



RONKONKOMA, N.Y., April 28, 2015 /PRNewswire/ — Lakeland Industries, Inc. (NASDAQ: LAKE), a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first responders on the federal, state and local levels, today announced a preliminary schedule for reporting of its financial results for fiscal year 2015 ended January 31, 2015.

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Due to the ongoing exploration of strategic alternatives and other issues relating to the Company’s operations in Brazil, management of Lakeland Industries intends to submit a Form 12b-25 with the Securities and Exchange Commission for an extension of the filing of the annual report on Form 10-K by May 1, 2015, which is the final day of the allowable financial reporting period for the fiscal year ended January 31, 2015. Prior to the 12b-25 filing, the Company also intends to make a separate announcement pertaining to certain developments relating to its operations in Brazil following approval by its Board of Directors. The Company expects to announce its fiscal 2015 year-end results as soon as practical. While there are no assurances as to the exact date for the financial results announcement and investment community conference call to discuss the results, the Company presently expects the results announcement and conference call to take place by the middle of May.

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 1,200 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.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. All statements, other than statements of historical facts, which address Lakeland’s expectations of sources or uses for capital or which express the Company’s expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. As a result, there can be no assurance that Lakeland’s future results will not be materially different from those described herein as “believed,” “projected,” “planned,” “intended,” “anticipated,” “estimated” or “expected,” or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company’s expectations or any change in events conditions or circumstances on which such statement is based.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lakeland-industries-announces-preliminary-schedule-for-reporting-of-fiscal-2015-financial-results-300073346.html

Photo: http://photos.prnewswire.com/prnh/20120611/NY21959LOGOLakeland Industries, Inc.

CONTACT: Lakeland Industries, 631-981-9700, Christopher Ryan,CJRyan@lakeland.com, Gary Pokrassa, GAPokrassa@lakeland.com; DarrowAssociates, 631-367-1866, Jordan Darrow, jdarrow@darrowir.com

Web site: http://www.lakeland.com/

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