Picture of Jerash Holdings (US) logo

JRSH — Jerash Holdings (US) News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedSmall CapSuper Stock

Jerash Holdings Q4 revenue rises on higher exports

Jerash Holdings Q4 revenue rises on higher exports 


Overview

  • U.S. sportswear exporter reported fiscal Q4 revenue up 46.6% yr/yr

  • Net income for fiscal Q4 improved to $1.7 mln from a loss last year


Outlook

  • Jerash expects fiscal 2027 Q1 revenue to rise 20-22% over $39.6 mln last year

  • Company anticipates fiscal 2027 Q1 gross margin of about 15-17%

  • Company says production facilities are fully booked through December 2026


Result Drivers

  • HIGHER EXPORT SHIPMENTS - Q4 revenue growth was primarily driven by increased export shipments to key long-standing customers and new customers such as Hansoll Group

  • LOWER OPERATING EXPENSES - Operating expenses as a percentage of revenue fell due to improved control over export logistics costs and lower stock-based compensation

  • PRODUCTION EFFICIENCIES - Improved production efficiencies and reduced customer concentration helped smooth seasonality and supported higher sales and margins


Company press release: ID:nACSgGyRWa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$42.90 mln

$36.20 mln (2 Analysts)

Q4 Gross Margin

17.10%

Q4 Gross Profit

$7.40 mln

Q4 Operating Expenses

$5 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

Recent news on Jerash Holdings (US)

See all news