AXIL Brands Q3 revenue rises on hearing protection unit strength

AXIL Brands

08/04/2026 13:23

Overview

US hearing protection and skincare maker's fiscal Q3 revenue rose 5.4% yr/yr

Adjusted EPS for fiscal Q3 fell to $0.02 as net income declined

Company expanded retail partnerships with Home Depot, Sportsman's Warehouse, and Walmart

Outlook

AXIL Brands expects Q4 revenue between $8 mln and $10 mln, up 39% to 74% y/y

Company expects Q4 gross margin between 67% and 71%

AXIL Brands sees full-year 2026 revenue between $30.2 mln and $32.2 mln, up 15% to 23%

Result Drivers

HEARING PROTECTION DEMAND - Revenue growth was driven by increased demand for hearing enhancement and protective equipment products

HAIR AND SKIN CARE WEAKNESS - Lower sales in the hair and skin care segment, due to the absence of a significant distributor order from the prior year, partially offset revenue growth

HIGHER TARIFFS - Gross margin declined mainly due to increased customs duties and tariffs

INCREASED MARKETING SPEND - Operating expenses rose mainly due to higher sales and marketing costs related to retail expansion and brand-building initiatives

Company press release: ID:nGNXzszvp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$7.30 mln
Q3 EPS
$0.02


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)