"Adjusted EBITDA reached the highest level in three years – from when we first encountered challenges in Brazil.  As previously disclosed, we believe the turnaround of Brazil to be on schedule and with the additional financing options we are exploring, we anticipate a reversal of losses year to date and for Brazil to finish FY15 at or near breakeven. In the first quarter of fiscal 2015, Brazil was close to breakeven on an Adjusted EBITDA basis with only a modest reduction in sales from last year.  

 

Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first #

"The operating loss in the quarter for Brazil was reduced by 70% from last year.  We are beginning to benefit from the growth in most of our businesses around the world along with improvements in Brazil as our consolidated operating profit increased by nearly 340% to a $580,000 profit from a loss of $240,000 in the prior year.  Global growth trends are positively impacting Lakeland Industries and we are in the best position in years to drive improved operating performance."

 

Lakeland Industries, Inc., a leading global manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first #