- Lower than expected sales in Brazil for the quarter ended January 31, 2013 resulting in anticipated operating loss in Brazil
- $11.5 million goodwill impairment charge in Brazil
- Potential default on bank line of credit with TD Bank
Trade-Ideas LLC identified Lakeland Industries (LAKE) as a weak on high relative volume candidate
Lakeland Industries (LAKE) shares are climbing after-hours after beating analysts' fourth quarter earnings and revenue expectations.
These heavily shorted stocks could get squeezed much higher if they report positive earnings this week.