Jerash Holdings Q4 revenue rises on higher exports

Jerash Holdings (US), Inc.

Jerash Holdings (US), Inc.

JRSH

0.00


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


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