Welcome to our dedicated page for Jerash Hldgs Us news (Ticker: JRSH), a resource for investors and traders seeking the latest updates and insights on Jerash Hldgs Us stock.
Jerash Holdings (US), Inc. (NASDAQ: JRSH) is an apparel manufacturer that, according to its public statements, manufactures and exports custom, ready-made sportswear and outerwear for leading global brands and retailers. The company’s news flow centers on its operations in Jordan, where it operates six factory units and four warehouses and employs approximately 6,000 people, as disclosed in recent press releases.
On this page, readers can follow JRSH news related to quarterly and annual financial results, including revenue trends, gross margin performance, operating income, and net income or loss as reported in earnings releases and accompanying Form 8‑K filings. Jerash’s announcements often discuss changes in customer demand, logistics conditions affecting shipments, and the impact of production planning and cost controls on its apparel manufacturing business.
Jerash also issues news about dividend declarations, with its board approving regular quarterly dividends of $0.05 per share on several occasions, as reflected in press releases and related 8‑K filings. Investors and followers can track these dividend announcements, payment dates, and record dates through the company’s news items.
Additional JRSH news includes updates on capacity expansions and strategic collaborations. The company has reported completing an expansion of its main production building to increase capacity by about 15% and has discussed collaborations with groups such as Hansoll Textile. News releases may also describe participation in investor conferences and virtual showcases, where management presents Jerash’s business to the investment community.
By monitoring this news feed, users can see how Jerash communicates developments in its sportswear and outerwear manufacturing operations, customer relationships with major global brands, logistics and supply chain adjustments, and corporate actions such as dividends and governance events like annual stockholder meetings.
Jerash Holdings (Nasdaq:JRSH) announced a share repurchase program totaling $3.0 million, effective until March 31, 2023. The board's decision indicates confidence in the company's short- and long-term prospects. Share repurchases will occur through various methods including open market transactions and may be adjusted based on market conditions. Jerash, known for manufacturing and exporting sportswear for major brands, emphasizes its strong cash position to support this investment and return value to shareholders.
Jerash Holdings (NASDAQ:JRSH) has announced a quarterly dividend of $0.05 per share, payable around June 3, 2022, to shareholders on record by May 27, 2022. The company, a manufacturer of custom, ready-made sportswear and outerwear, supplies major global brands such as VF Corporation, New Balance, and Walmart. Jerash operates six factories and four warehouses, employing approximately 5,500 people.
Jerash Holdings (NASDAQ:JRSH), a prominent manufacturer and exporter of sportswear and outerwear, has announced a significant new partnership with Timberland, part of VF Corporation. The agreement includes an initial order of approximately 200,000 pieces of fleece outerwear, reflecting Jerash's expertise and prior collaborations with high-profile brands like The North Face. This contract marks an important addition to Jerash's branded customer roster, showcasing its manufacturing capabilities in Jordan.
Jerash Holdings (NASDAQ:JRSH) will present at the D.A. Davidson Consumer Growth Conference on March 10, 2022, at 9:30 a.m. ET. Presenters include Eric Tang, Head of Jordan Operation, and Gilbert Lee, Chief Financial Officer. The conference presentation will be available to view live and archived through Jerash's website. The company is a major manufacturer and exporter of sportswear and outerwear for global brands, employing about 5,500 people across six factories and four warehouses.
Jerash Holdings (JRSH) reported a record revenue of $36.8 million for Q3 fiscal 2022, marking a 78.2% increase year-over-year, along with a gross profit of $6.9 million, a 186.7% rise. The gross margin expanded to 18.8% from 11.7%. Net income soared to $1.7 million ($0.13 per diluted share), compared to $94,000 ($0.01 per diluted share) last year. Guidance for Q4 revenue is projected between $29 million and $31 million, up from $23.8 million in Q4 FY2021. The company also declared a quarterly dividend of $0.05 per share.
Jerash Holdings (NASDAQ:JRSH) has announced a quarterly dividend of $0.05 per share, payable on February 22, 2022, to stockholders of record as of February 15, 2022. This decision reflects the company's commitment to returning value to its shareholders. Jerash is a key manufacturer of custom sportswear and outerwear for renowned global brands, employing approximately 5,500 people across its facilities. The company collaborates with major retailers such as VF Corporation, New Balance, and Walmart, demonstrating its significant market presence.
Jerash Holdings (NASDAQ:JRSH) will announce its fiscal 2022 third-quarter financial results on February 10, 2022, before market opening. The company specializes in manufacturing custom sports and outerwear for top global brands. An investor conference call is scheduled for the same day at 9:00 a.m. ET. Interested parties can join via phone or access a live and archived webcast on Jerash's investor relations website. The company employs approximately 5,500 people across its six factories and four warehouses, working with brands like VF Corporation, New Balance, and Walmart.
Jerash Holdings (NASDAQ:JRSH) reported strong financial results for the fiscal 2022 second quarter, ending September 30, 2021. Revenue surged by 68.8% to $45.7 million, driven by increased shipments and demand. Gross profit rose 71.8% to $10.1 million, with a gross margin of 22.1% compared to 21.7% last year. Comprehensive income reached $4.4 million or $0.39 per share, up from $2.6 million or $0.23 per share. The company anticipates fiscal 2022 revenue between $125 million and $130 million, reflecting strong demand and improved capacity.
Jerash Holdings (NASDAQ:JRSH) has announced a regular quarterly dividend of $0.05 per share, effective on or about November 29, 2021. This dividend will be payable to stockholders of record by November 22, 2021. Jerash specializes in the manufacturing and exporting of custom sportswear and outerwear for renowned global brands, including Walmart and Costco. The company operates six factory units and four warehouses and employs around 5,500 people.
Jerash Holdings (NASDAQ:JRSH) announced it will release its fiscal 2022 second quarter financial results on November 10, 2021, after market close. The company, known for manufacturing and exporting custom sportswear for global brands, will host a conference call on November 11, 2021, at 9:00 a.m. ET. Investors can access the call at jerashholdings.com. The announcement highlights Jerash's ongoing relationship with major retailers like Walmart and Costco, showcasing its robust manufacturing capacity with six factories and approximately 5,500 employees.