Lakeland Industries, Inc. (NASDAQ: LAKE) - Valuation on November 25, 2021
Lakeland Industries, Inc. (NASDAQ: LAKE) - Valuation on November 25, 2021
The Business Model - Segments, Geographies, and Brands
Lakeland Industries, Inc. ($149.5 million market cap) manufactures and sells protective clothing and accessories for the industrial and public protective clothing markets worldwide. The company offers:
Limited Use/Disposable Protective Clothing: Disposable protective clothing such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. (69 per cent of revenue)
High-End Chemical Protective Suits: High-end chemical protective suits to prove protection from highly concentrated, toxic and lethal chemicals and biological toxins. (18 per cent of revenue)
Firefight and Heat Protective Apparel: Firefighting and heat protective apparel to protect against fire. (Six per cent of revenue)
Durable Woven Garments: Durable woven garments including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta-aramid, para-aramid, and FR cotton coveralls used in petrochemical, refinβ¦