Lakeland Industries' Arizona PPE marks 10 years of service with Phoenix Fire Department for PPE maintenance and decontamination.
Quiver AI Summary
Lakeland Industries, Inc. announced that its subsidiary, Arizona PPE Recon, has completed ten years of providing advanced decontamination, inspection, and repair services for personal protective equipment (PPE) to the City of Phoenix Fire Department. This continued partnership, which began in 2016, highlights Arizona PPE's commitment to customer service and the maintenance of firefighter safety gear in compliance with NFPA 1850 standards. The Phoenix Fire Department, one of the busiest in the nation, employs over 1,900 firefighters and responds to more than 231,000 emergency calls annually. Lakeland's President and CEO, Jim Jenkins, noted that this long-term collaboration demonstrates the value of quality service in building trust and ensuring the safety of first responders.
Potential Positives
- Renewal of a 10-year contract with the City of Phoenix Fire Department demonstrates sustained customer satisfaction and reliability in service delivery.
- The press release highlights Arizona PPE's growth and positioning as a leading provider of PPE care and maintenance services in the Arizona firefighting market.
- The long-term partnership signifies a proven track record of quality service, which could enhance Lakeland's reputation and trust within the firefighting community.
- Increased focus on documented inspection and care practices aligns with industry standards, supporting firefighter health and safety, which is a crucial aspect of the company’s mission.
Potential Negatives
- While the press release highlights a long-standing partnership with the Phoenix Fire Department, it also underscores the company's reliance on a limited number of contracts, which may pose a risk to its revenue stability if these contracts are not renewed in the future.
- The emphasis on standards and regulations (NFPA 1850) implies that failure to adhere to these could result in legal or financial repercussions, potentially damaging the company's reputation and operational status.
- The inclusion of a cautionary statement about forward-looking statements suggests inherent uncertainties in the company's future performance, which could concern investors and stakeholders regarding the reliability of its projected growth or financial health.
FAQ
What milestone did Arizona PPE achieve with the Phoenix Fire Department?
Arizona PPE marked its 10th consecutive year providing PPE services to the Phoenix Fire Department.
How many firefighters are employed by the Phoenix Fire Department?
The Phoenix Fire Department employs over 1,900 sworn firefighters and more than 400 civilian personnel.
What services does Arizona PPE offer to firefighters?
Arizona PPE provides advanced decontamination, inspection, and repair services for personal protective equipment (PPE).
Which standards does Arizona PPE adhere to in its services?
Arizona PPE follows NFPA 1850 requirements for the maintenance and cleaning of protective gear.
What additional products does Lakeland Fire + Safety provide?
Lakeland Fire + Safety offers a variety of fire services and industrial protective clothing, including cleaning products and rental services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LAKE Insider Trading Activity
$LAKE insiders have traded $LAKE stock on the open market 8 times in the past 6 months. Of those trades, 7 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $LAKE stock by insiders over the last 6 months:
- ROGER D SHANNON (Chief Financial Officer) sold 8,869 shares for an estimated $71,484
- JAMES M. JENKINS (President, CEO & Exec. Chair) has made 2 purchases buying 2,391 shares for an estimated $20,022 and 0 sales.
- AN HUI (Chief Operating Officer) purchased 2,000 shares for an estimated $17,940
- LAUREL A. YARTZ (Chief Human Resources Officer) purchased 1,349 shares for an estimated $10,999
- BARRY G PHILLIPS (Chief Revenue Officer - Fire) purchased 1,250 shares for an estimated $10,887
- JAMES CALVEN JR. SWINEA (Interim CFO) purchased 1,000 shares for an estimated $8,710
- CAMERON STOKES (See Remarks) purchased 450 shares for an estimated $4,243
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$LAKE Revenue
$LAKE had revenues of $47.6M in Q3 2026. This is an increase of 3.99% from the same period in the prior year.
You can track LAKE financials on Quiver Quantitative's LAKE stock page.
$LAKE Hedge Fund Activity
We have seen 26 institutional investors add shares of $LAKE stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERRITT CAPITAL MANAGEMENT INC removed 554,840 shares (-92.7%) from their portfolio in Q3 2025, for an estimated $8,211,632
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$LAKE Analyst Ratings
Wall Street analysts have issued reports on $LAKE in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Roth Capital issued a "Buy" rating on 12/10/2025
- Lake Street issued a "Buy" rating on 12/10/2025
- DA Davidson issued a "Buy" rating on 09/11/2025
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$LAKE Price Targets
Multiple analysts have issued price targets for $LAKE recently. We have seen 3 analysts offer price targets for $LAKE in the last 6 months, with a median target of $19.0.
Here are some recent targets:
- Michael Shlisky from DA Davidson set a target price of $14.0 on 12/10/2025
- Gerry Sweeney from Roth Capital set a target price of $19.0 on 12/10/2025
- Mark Smith from Lake Street set a target price of $19.0 on 12/10/2025
Full Release
HUNTSVILLE, Ala., March 04, 2026 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Arizona PPE Recon, Inc. (“Arizona PPE”) subsidiary, which specializes in personal protective equipment (PPE) care and maintenance services, has marked a milestone with the City of Phoenix, Arizona Fire Department (“Phoenix Fire Dept.”) for ongoing PPE advanced decontamination, inspection and repair services for the 10 th consecutive year.
The Phoenix Fire Dept. employs over 1,900 sworn firefighters and more than 400 civilian personnel. As one of the busiest departments in the U.S., it operates 59+ stations, with over 400 firefighters on duty across three shifts. Phoenix Fire provides coverage for an area of approximately 520 square miles, supporting over 1.4 million residents, with the department responding to over 231,000 emergency calls annually.
“Phoenix Fire Dept. was Arizona PPE’s first customer in 2016, and this 10 th year of support is a testament to its customer service, attention to detail and efficiency,” said Jim Jenkins, President and CEO of Lakeland Fire + Safety. “This ongoing relationship also highlights that Arizona PPE has become a long-term partner to the Phoenix Fire Dept. by offering verified, standards-based care and maintenance programs for turnout gear with proven processes, documentation, and demonstrated service quality. This renewal reflects ten years of evidence that relentless service quality builds lasting retention and a trusted partnership dedicated to protecting the health and safety of first responders and their families.”
The scope of work includes the maintenance and cleaning of personal protective equipment (PPE) gear in accordance with NFPA 1850 requirements, including documented inspection and care practices designed to help departments maintain gear readiness and support firefighter health and safety.
Arizona PPE is a leading and rapidly expanding UL-certified ISP in the Arizona firefighting services market and provides advanced decontamination, repair, and inspection of firefighting personal protective equipment, along with rental services and sales of cleaning detergents, extractors, and dryers.
About Lakeland Fire + Safety
Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. In addition, we provide decontamination, repair and rental services that complement our fire services portfolio. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, including integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Commonwealth of Independent States (“CIS”) Region, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.
For more information about Lakeland, please visit the Company's website at www.lakeland.com .
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
This press release contains estimates, predictions, opinions, goals and other "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, references to the Company's predictions or expectations of future business or financial performance as well as its goals and objectives for future operations, financial and business trends, business prospects, and management's expectations for earnings, revenues, expenses, inventory levels, capital levels, liquidity levels, or other future financial or business performance, strategies or expectations, including without limitation our M&A strategy and tariff mitigation plans. 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. 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. 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," "can," "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, except as may be required by law.
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us