Considering the strong earnings reported in the most recent two quarters, LAKE has proven to be managing its position during this pandemic very effectively. A summary from the latest conference call on earnings does well to explain their situation:
"The takeaways for Lakeland are that we have developed a resilient and flexible global manufacturing platform, a...
Long term support level has been solidly building over the past years and fundamentally the company is improving (debt reductions, revenue stabilisation, consistent dividend payments etc). Dip for ex-div will come after February 21st, then see a good rise towards $15.
