earnings
confidence high
sentiment positive
materiality 0.80
Jerash Q1 FY27 revenue $50.2M (+26.7%), net income $1.7M vs $324K
Jerash Holdings (US), Inc.
- Record revenue $50.2M, up 26.7% YoY from $39.6M; gross margin 16.4% (+100bps).
- Operating income $2.6M, up 174.4% from $959K; net income $1.7M ($0.13 diluted EPS) vs $324K ($0.03).
- Q2 FY27 outlook: revenue ~$49-51M, gross margin ~14-15% on higher transport costs.
- Board approved $0.05/share quarterly dividend, payable Aug 24 to holders of record Aug 17.
- Cites new duty-free access for Jordanian apparel to U.S. as competitive tailwind.