Lakeland Industries to Present at 30th Annual ROTH Conference

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 30^th Annual ROTH Conference on March 13, 2018.

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 [email protected]. 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.

SOURCE Lakeland Industries, Inc.