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Jerash holdings (US) Inc - JRSH STOCK NEWS

Welcome to our dedicated news page for Jerash holdings (US) (Ticker: JRSH), a resource for investors and traders seeking the latest updates and insights on Jerash holdings (US).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jerash holdings (US)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jerash holdings (US)'s position in the market.

Rhea-AI Summary
Jerash Holdings (JRSH) announced its financial results for the fiscal year 2024 third quarter, highlighting the impact of the Middle East situation on its operations. The ongoing turmoil in the region has caused supply chain disruptions, leading to delays in shipments of raw materials. Despite the challenges, the company's operations in Jordan remain active, and exports from Jordan are open. Jerash has implemented contingency plans to fulfill customer orders and has adopted an alternative route for raw material imports through the Port of Jebel Ali in the United Arab Emirates. Although revenue was down compared to the prior year period, the company achieved profitability for the quarter and continued to attract new customer orders from established global brands.
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Rhea-AI Sentiment
End-of-Day
1.63%
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Rhea-AI Summary
Jerash Holdings (US), Inc. (NASDAQ:JRSH) has announced the approval of a regular quarterly dividend of $0.05 per share on the Company's common stock. The dividend is payable on or
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Rhea-AI Sentiment
End-of-Day
1.6%
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dividends
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Rhea-AI Summary
Jerash Holdings (US), Inc. (JRSH) is set to release its fiscal 2024 third-quarter financial results on February 8, 2024. The company, known for manufacturing and exporting custom sportswear and outerwear for global brands, will also host an investor conference call on the same day. The call will be available via phone and webcast, providing an opportunity for investors to gain insights into the company's performance.
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Rhea-AI Sentiment
End-of-Day
0.98%
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conferences earnings
Rhea-AI Summary
Jerash Holdings (US), Inc. (NASDAQ:JRSH) Announces Fiscal Year 2024 Second Quarter Financial Results
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End-of-Day
-7.55%
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Rhea-AI Summary
Jerash Holdings (US), Inc. (NASDAQ:JRSH) will release its financial results for fiscal 2024 Q2 on November 13, 2023. The Company manufactures and exports custom, ready-made sportswear and outerwear. An investor conference call will be held on the same day.
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Rhea-AI Sentiment
End-of-Day
0.31%
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conferences earnings
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Jerash Holdings (US), Inc. announces the approval of a regular quarterly dividend of $0.05 per share on the Company's common stock.
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Rhea-AI Sentiment
End-of-Day
0.94%
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dividends
Rhea-AI Summary
Jerash Holdings announces joint venture with Newtech Textile to build sustainable fabric facility in Jordan.
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0.95%
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Jerash Holdings (US), Inc. announces re-election of all nominated directors at annual meeting
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Rhea-AI Summary
Jerash Holdings (US), Inc. (NASDAQ:JRSH) announced financial results for Q1 2024. Revenue increased slightly, but profitability was impacted by a shift to lower margin items. The company is receiving new inquiries from global brands and expects meaningful orders for its joint venture in Q4. They are also in discussions for a joint venture in sustainable textile dyeing technology. Q1 revenue was $34.7 million, up 3.9% YoY. Gross profit was $5.6 million, operating income was $1.1 million, and net income was $495,000.
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Rhea-AI Sentiment
End-of-Day
-0.55%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.9%
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dividends
Jerash holdings (US) Inc

Nasdaq:JRSH

JRSH Rankings

JRSH Stock Data

37.33M
6.04M
56.16%
3.45%
0.03%
Apparel Accessories and Other Apparel Manufacturing
Manufacturing
Link
United States
Fairfield

About JRSH

jerash holdings (us), inc., through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. the company offers jackets, polo shirts, t-shirts, pants, and shorts made from knitted fabric. it serves various brand-name retailers in the united states, jordan, and internationally. the company was founded in 2016 and is based in fairfield, new jersey.