Menswear maker Jerash Holdings Q2 revenue beats estimates

Jerash Holdings (US)

12/11/2025 13:07

Overview

Jerash Holdings fiscal Q2 2026 revenue grows 4.3%, beating analyst expectations

Gross margin for fiscal Q2 2026 declines to 15% from 17.5% last year

Net income for fiscal Q2 2026 falls to $479,000 from $665,000 last year

Outlook

Jerash expects fiscal 2026 Q3 revenue to rise 19-21% year-over-year

Company targets fiscal 2026 Q3 gross margin of 13-15%

Jerash plans long-term expansion amid growing demand and trade uncertainties

Result Drivers

DIVERSIFIED CUSTOMER BASE - Revenue growth driven by increased shipments to the U.S. due to a more diverse customer base

FACILITY EXPANSION - Completed expansion of manufacturing facilities, adding 15% to production capacity

PRODUCT MIX IMPACT - Gross margin decline due to diversification of customer base and product mix

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$42 mln
$41 mln (2 Analysts)
Q2 Gross Profit
$6.30 mln
Q2 Operating Expenses
$5.20 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the textiles & leather goods peer group is "buy"

Wall Street's median 12-month price target for Jerash Holdings (US) Inc is $4.00, about 18.5% above its November 11 closing price of $3.26

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nACSSW3WDa

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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.)