Lakeland Fire & Safety (LAKE) Q1 FY27 earnings call

Lakeland Fire & Safety delivered a transitional Q1 FY27, marked by strong 11% growth in Fire Services and significant improvement in net income and adjusted EBITDA, despite a year-over-year decline in gross margin due to strategic inventory build and certification costs. The company is focused on converting robust demand in Fire Services and key industrial channels into improved profitability and cash generation through operational execution and margin expansion initiatives in the latter half of the fiscal year. Strategic investments in the ISP platform and a simplified product portfolio are e