Q2 FY27 net sales at LAKE fell 4.5% y/y as gross margin rose
LAKE reported Q2 FY27 net sales declined 4.5% year-over-year but rose sequentially. Fire segment revenue rose 12% sequentially and gross margin improved to 37.0%. Adjusted EBITDA excluding FX more than doubled sequentially, and operating cash flow and inventory management improved.
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