Business
Lakeland Fire + Safety Added to Russell 3000® and Russell 2000® Indexes
HUNTSVILLE, Ala., June 30, 2025 (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 it has been added to the broad-market Russell 3000® Index and Russell 2000® Index effective after the U.S. market close on June 27, 2025, as part of FTSE Russell’s annual reconstitution. “Our inclusion in the Russell Indexes is an i
About this update from Lakeland Industries, Inc.
[{"type":"image","alt":"Lakeland Industries, Inc.","displaySize":"","headline":null,"caption":"Lakeland Industries, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":41,"url":"https://media.zenfs.com/en/globenewswire.com/aa136739a539d22b81539d986d96cab8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/UeAvQCDCavvqfGgDZPKg3Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU3O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/aa136739a539d22b81539d986d96cab8","width":300,"height":41}},"lazy":false},{"type":"text","content":"HUNTSVILLE, Ala., June 30, 2025 (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 it has been added to the broad-market Russell 3000® Index and Russell 2000® Index effective after the U.S. market close on June 27, 2025, as part of FTSE Russell’s annual reconstitution.","length":454,"tagName":"p"},{"type":"text","content":"“Our inclusion in the Russell Indexes is an important milestone and builds upon our recently reported sales revenue growth of 29%, led by a 100% increase in Fire Services revenue and ongoing momentum from our recent acquisitions,” said Jim Jenkins, President, Chief Executive Officer and Executive Chairman. “We have made considerable progress in the last twelve months with our four completed acquisitions and continue to pursue M&A opportunities, particularly within the fire suit rental, decontamination, and services business, to further consolidate the fragmented fire market. We believe that with these added product line extensions, innovative new products, and expanded global markets, channels, and customer base, we are well-positioned to grow our global head-to-toe fire portfolio and continue to see strong momentum in the fiscal second half of FY2026 and over the coming years.”","length":895,"tagName":"p"},{"type":"text","content":"The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value sty...