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Jerash Holdings (US) (JRSH)

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Earnings summaries and quarterly performance for Jerash Holdings (US).

Recent press releases and 8-K filings for JRSH.

Jerash Holdings to Acquire New Manufacturing Facility
JRSH
New Projects/Investments
Revenue Acceleration/Inflection
  • Jerash Holdings (US), Inc. (JRSH) has received approval to acquire an approximate 184,000 square-foot manufacturing building and associated land adjacent to its existing facilities in Amman, Jordan.
  • The purchase price for the property is approximately $3.4 million, with a $0.6 million down payment and the remaining $2.8 million financed by the Housing Bank over an eight-year period.
  • Jerash plans to invest an additional approximate $5.0 million for renovations and advanced manufacturing equipment, which is expected to increase its manufacturing capacity by at least 40 percent.
  • Renovations are anticipated to be completed before the end of 2026, and the new facility is expected to gradually employ up to approximately 2,500 workers.
1 day ago
Jerash Holdings Reports Q2 2026 Results and Provides Q3 2026 Guidance
JRSH
Earnings
Guidance Update
New Projects/Investments
  • Jerash Holdings reported Q2 2026 revenue of $42,000,000, a 4.3% increase year-over-year, with net income of $479,000 and diluted EPS of $0.04. The gross profit margin for the quarter declined to 15%.
  • For Q3 2026, the company expects revenue to increase by 19% to 21% over the same quarter last year, with a gross margin of approximately 13% to 15%.
  • The company completed a 15% expansion of its manufacturing facilities and initiated a long-term expansion plan, including evaluating potential acquisitions and developing its own land, to meet growing demand.
  • While near-term gross margins are expected to be lower due to customer and product mix diversification, Jerash Holdings aims to gradually improve gross profit margins to approximately 20% over several years through increased production automation and economies of scale.
  • A regular quarterly dividend of $0.05 per share was approved on November 7, 2025.
Nov 12, 2025, 2:00 PM
Jerash Holdings Reports Q2 2026 Financial Results and Provides Q3 Guidance
JRSH
Earnings
Guidance Update
New Projects/Investments
  • Jerash Holdings reported Q2 Fiscal 2026 revenue of $42 million, a 4.3% increase year-over-year, with a gross profit margin of 15.0%. Net income for the quarter was $479,000, or $0.04 per diluted share.
  • For Q3 Fiscal 2026, the company expects revenue to increase by 19% to 21% over the prior year, with a gross margin projected to be between 13% and 15%.
  • The company completed a 15% expansion of its manufacturing facilities and initiated a long-term expansion plan to meet growing demand, with current production capacity fully booked through February.
  • Jerash aims to gradually improve gross margins to approximately 20% over several years through increased automation and economies of scale, despite anticipating slightly lower margins in the near term due to diversification. The board also approved a regular quarterly dividend of $0.05 per share.
Nov 12, 2025, 2:00 PM
Jerash Holdings Reports Fiscal Q2 2026 Results and Provides Q3 Outlook
JRSH
Earnings
Guidance Update
Dividends
  • Jerash Holdings reported fiscal Q2 2026 revenue of $42.0 million, a 4.3% increase compared to the prior year quarter, with net income of $479,000 or $0.04 per diluted share for the quarter ended September 30, 2025.
  • For the first six months of fiscal 2026, revenue rose to $81.6 million, and the company achieved a net income of $803,000 or $0.06 per diluted share, compared to a net loss in the same period last year.
  • The company expects fiscal Q3 2026 revenue to increase by 19% to 21% over the same quarter last year, with a gross margin goal of approximately 13% to 15%.
  • Jerash Holdings completed a 15% expansion of manufacturing facilities in late June 2025 and approved a regular quarterly dividend of $0.05 per share, payable on November 26, 2025.
Nov 12, 2025, 1:10 PM
Jerash Holdings Discusses Capacity Expansion and Tariff Advantages
JRSH
New Projects/Investments
Revenue Acceleration/Inflection
  • Jerash Holdings, a contract manufacturer with six factories in Jordan, is fully booked until summer 2026 and is prioritizing capacity expansion to meet growing demand, including a new partnership with Hansel, a major supplier to Walmart.
  • The company benefits from Jordan's favorable tariff environment, with a 15% US duty compared to 70% for China and 38% for Vietnam, and a duty-free agreement with the EU.
  • Jerash is diversifying its customer base; while VF Corp accounted for over 80% of sales in February 2019, it is projected to be about 54% in fiscal year 2026, with New Balance growing to around 14%.
  • Planned capital expenditures for fiscal year 2026 are a few million dollars, with a larger new factory project costing $20 million to $30 million potentially starting in fiscal year 2027.
Aug 25, 2025, 7:00 PM