LAKELAND INDUSTRIES, INC. (NASDAQ:LAKE) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On August 16, 2017, the Company issued a press release (the “press release”) announcing preliminary revenue, net income, earnings per share, and earnings before interest, taxes, depreciation and amortization (EBITDA) estimates for the three months ended July 31, 2017. A copy of the Company’s press release is furnished to Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 7.01 | Regulation FD Disclosure. |
The information set forth in Item 2.02 is incorporated by reference herein.
In the press release, the Company also announced that it intends to offer shares of its common stock in an underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The shares of common stock will be registered under the Company’s effective shelf registration statement on Form S-3 and offered to a prospectus supplement that will describe the specific terms of the offering.
The information furnished to this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities and Exchange Act, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 | Press Release, dated August 16, 2017. |
LAKELAND INDUSTRIES INC ExhibitEX-99.1 2 v473515_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 3555 Veterans Memorial Highway,…To view the full exhibit click here
About LAKELAND INDUSTRIES, INC. (NASDAQ:LAKE)
Lakeland Industries, Inc. (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves. The Company’s products are sold by its in-house customer service group, its regional sales managers and independent sales representatives to a network of over 1,200 North American safety and mill supply distributors. These distributors in turn supply end user industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries and high technology electronics manufacturers, as well as scientific and medical laboratories.
