Business
Jerash Holdings Reports Fiscal 2026 Second Quarter Financial Results
FAIRFIELD, NEW JERSEY / ACCESS Newswire / November 12, 2025 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced ...
About this update from Jerash Holdings (us), Inc.
[{"type":"text","content":"FAIRFIELD, NEW JERSEY / ACCESS Newswire / November 12, 2025 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced financial results for its fiscal 2026 second quarter ended September 30, 2025.","length":349,"tagName":"p"},{"type":"text","content":"Fiscal 2026 Second Quarter Highlights","length":37,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue increased 4.3 percent to $42.0 million, from $40.2 million in the prior year quarter.","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin was 15.0 percent, compared with 17.5 percent in the prior year quarter.","length":84,"tagName":"p"}]},{"val":[{"type":"text","content":"Operating income was $1.09 million, compared with $1.13 million in the prior year quarter.","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was $479,000, compared with $665,000 in the prior year quarter.","length":74,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":341,"olType":false},{"type":"text","content":"Outlook","length":7,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue for the fiscal 2026 third quarter is expected to increase by 19 to 21 percent over the same quarter last year.","length":118,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":118,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Gross margin goal for the fiscal 2026 third quarter is approximately 13 to 15 percent.","length":86,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":86,"olType":false},{"type":"text","content":""Amid ongoing trade uncertainties, we continue to experience growing demand from our customers, as Jordan is increasingly becoming a preferred destination for global brands seeking to diversify their manufacturing partnerships beyond Asia," said Sam Choi, Jerash's chairman and chief executive officer.","length":316,"tagName":"p"},{"type":"text","content":""In late June, we completed an expansion of our existing manufacturing facilities, adding approximately 15 percent to our much-needed production capacity. With increasing capacity requests from our global customers and strategic part...