The earnings call highlighted substantial revenue growth and successful expansion plans, indicating strong demand and full bookings. However, the company faced significant challenges with shipping delays, increased costs, and a high tax rate, leading to minimal net income for the quarter.
Company Guidance
During the fiscal 2025 third-quarter call for Jerash Holdings, several key metrics and guidance were provided. The company reported a 28.6% increase in revenue to $35.4 million, despite facing logistical challenges due to geopolitical issues, which delayed approximately $6 million worth of shipments. The gross profit increased by 20.6% to $5.4 million, although the gross margin declined to 15.2% from 16.2% in the previous year, primarily due to increased logistics costs. Operating income rose by 88.3% to $708,000, while net income was $6,000, compared to $232,000 the previous year. The company is also expanding its manufacturing capacity by 15% by June 2025 and an additional 5-10% by the end of the calendar year. Looking ahead, Jerash Holdings expects fourth-quarter revenue to grow by 50-53% compared to the prior year, with a gross margin goal of approximately 15-16%. The company also announced a regular quarterly dividend of $0.05 per share, payable on February 25, 2025.
Revenue Growth
Revenue for the fiscal 2025 third quarter increased 28.6% to $35.4 million from $27.5 million for the same quarter last year.
Operating Income Increase
Operating income increased 88.3% to $708,000 in the fiscal 2025 third quarter from $376,000 in the same quarter last year.
Expansion Plans
Expansion of existing manufacturing facilities underway, expected to increase capacity by 15% by June. Additionally, planning further expansion in Al-Hasa to increase production capacity by another 5%-10% by the end of 2025.
High Demand and Full Bookings
Factories are fully booked through August with increasing orders from global brand customers, supported by the tariff-free advantage of exporting from Jordan.
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Jerash Holdings (US) (JRSH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JRSH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 11, 2025
$3.60
$3.62
+0.56%
Nov 12, 2024
$2.92
$3.25
+11.30%
Aug 13, 2024
$2.78
$2.66
-4.32%
Jun 27, 2024
$2.88
$2.86
-0.69%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Jerash Holdings (US) Inc (JRSH) report earnings?
Jerash Holdings (US) Inc (JRSH) is schdueled to report earning on Jun 26, 2025, TBA Not Confirmed.
What is Jerash Holdings (US) Inc (JRSH) earnings time?
Jerash Holdings (US) Inc (JRSH) earnings time is at Jun 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.