Lakeland Industries, Inc. Files Amended Annual Report on Form 10-K/A: Correction to Shares Outstanding

Huntsville, AL — April 21, 2026 — Lakeland Industries, Inc. (“Lakeland” or the “Company”), a global manufacturer of protective clothing for industry, has filed an Amendment No. 1 on Form 10-K/A with the U.S. Securities and Exchange Commission (SEC) for the fiscal year ended January 31, 2026.

Key Points for Investors

• Correction to Shares Outstanding: Lakeland amended its previously filed annual report to correct the number of shares of common stock outstanding as of April 10, 2026. The original report had erroneously stated this figure as 10,723,205 shares. The correct number of shares outstanding is 9,836,286 shares.
• Scope of Amendment: This amendment is limited solely to the correction of the shares outstanding on the cover page. No other sections, including the financial statements or other disclosures, have been updated or modified.
• Regulatory Compliance: In accordance with SEC rules, new certifications by the Company’s principal executive officer (President and Chief Executive Officer and Executive Chairman, James M. Jenkins) and principal financial officer (Chief Financial Officer and Secretary, J. Calven Swinea) are included in this filing. These certifications affirm the accuracy and completeness of this amendment.
• No Financial Statement Restatements: The amendment does not reflect any changes, corrections, or restatements to previously issued financial statements. The Company has indicated that there are no financial statement errors or restatements included in this amended filing.

Details of the Amendment

• The only change made is the restatement of the number of shares outstanding. The error was found in the cover page of the Company’s original 10-K filing for fiscal 2026.
• The Amended 10-K includes only the cover page, an explanatory note regarding the correction, the exhibit index, the signature page, and new Section 302 certifications under the Sarbanes-Oxley Act.
• No events occurring after the original filing date (April 16, 2026) are reflected or discussed in this amendment.
• Certifications pursuant to Section 906 of the Sarbanes-Oxley Act are not included, as no financial statements are being filed or amended.

Regulatory and Market Impact

• Price Sensitivity: The correction to the number of shares outstanding is a potentially price-sensitive disclosure. The number of shares outstanding is used in the calculation of key metrics such as earnings per share, market capitalization, and public float.
• Market Capitalization and Public Float: As of July 31, 2025, the Company’s public float was reported as \$132.4 million. The correct share count should be used by investors and analysts when modeling valuation metrics.
• SEC Status: Lakeland remains an “Accelerated Filer” and confirms its compliance with all SEC filing requirements for the year.

Other Corporate Information

• Ticker Symbol: LAKE
• Stock Exchange: NASDAQ
• Business Address: 1525 Perimeter Parkway, Suite 325, Huntsville, AL 35806

Key Takeaway for Shareholders

The corrected share count is a material disclosure as it can affect calculations of ownership percentage, earnings per share, and market capitalization. Investors should use the revised number of 9,836,286 shares outstanding as of April 10, 2026 for all relevant analyses. No other financial or operational information has changed. The Company remains in compliance with all SEC reporting requirements.

Disclaimer

This article is provided for informational purposes only and does not constitute investment advice. Investors should review the full SEC filings and consult with their financial advisors before making investment decisions. The author and publisher of this article accept no liability for actions based on the information contained herein.

View LAKELAND INDUSTRIES INC Historical chart here