Jerash holdings (US) Inc

Jerash Holdings (US), Inc. operates as a holding company. It engages in manufacturing customized ready-made outerwear from knitted fabric and exporting produced apparel for retailers such as Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corp., and Philip-Van Heusen. The firm offers trousers and urban styling outerwear and different types of natural and synthetic materials. The company was founded in January 2016 and is headquartered in Fairfield, NJ.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Jerash Holdings (US), Inc. engages in the manufacturing and exporting of customized, ready-made sportswear, and outerwear from knitted fabric and personal protective equipment. It operates through the United States, Hong Kong, Jordan, and Others geographical segments. The company was founded in January 2016 and is headquartered in Fairfield, NJ.

FAIRFIELD, NJ / ACCESSWIRE / June 13, 2022 / Jerash Holdings (US), Inc. (Nasdaq:JRSH) (the "Company" or "Jerash"), a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, today announced that its board of directors authorized a share repurchase program under which the Company may repurchase up to $3.0 million of its outstanding shares of common stock. The share repurchase program will be in effect through the end of the Company's current fiscal year, March 31, 2023.

Jerash Holdings Board Authorizes $3.0 Million Share Repurchase Program

Chico's FAS

These undervalued apparel stocks are set for healthy gains as consumer spending continues to rebound throughout 2022. The post 3 Apparel Stocks Under $10 Worth Trying On appeared first on InvestorPlace.

3 Apparel Stocks Under $10 Worth Trying On

Casey's General Stores

Columbia Sportswear Company

Gildan Activewear

Target

These two retail trends have a long tail, so it will pay to stay invested in them.

2 Retail Trends Worth Buying Into

FAIRFIELD, NJ / ACCESSWIRE / March 10, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, today announced the addition of a new branded customer, with the receipt of orders to manufacture clothing for Timberland, an outdoor lifestyle brand and part of VF Corporation. "We are excited to add Timberland to our growing branded customer roster," said Sam Choi, Jerash's chairman and chief executive officer.

Jerash Holdings to Manufacture Clothing for Timberland Brand

Jerash (JRSH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Jerash (JRSH) Moves to Buy: Rationale Behind the Upgrade

FAIRFIELD, NJ / ACCESSWIRE / March 2, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, today announced that Eric Tang, its Head of Jordan Operation, and Gilbert Lee, its Chief Financial Officer, will present at the D.A. Davidson Consumer Growth Conference on March 10, 2022, at 9:30 a.m.

Jerash Holdings to Present at the D.A. Davidson Consumer Growth Conference, March 10 at 9:30 a.m.

Jerash Holdings (US), Inc. (JRSH) CEO Sam Choi on Q3 2022 Results - Earnings Call Transcript

FAIRFIELD, NJ / ACCESSWIRE / February 10, 2022 / Jerash Holdings (US), Inc. ("Jerash") (NASDAQ:JRSH), which manufactures and exports custom, ready-made sportswear and outerwear for leading global brands, today announced financial results for its fiscal 2022 third quarter, ended December 31, 2021. Financial Highlights - Fiscal 2022 Third Quarter Versus Fiscal 2021 Third Quarter Record revenue of $36.8 million, an increase of 78.2 percent.

Jerash Holdings Reports Results for Fiscal 2022 Third Quarter; Increases Revenue Guidance for Fourth Quarter

FAIRFIELD, NJ / ACCESSWIRE / February 2, 2022 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced it will release its financial results for its fiscal 2022 third quarter, which ended December 31, 2021, before the market opens on Thursday, February 10, 2022. The Company will host an investor conference call the same day.

Jerash Holdings to Report Financial Results for Fiscal 2022 Third Quarter on Thursday, February 10, 2022

Jerash Holdings (US), Inc. (JRSH) Management on Q2 2022 Results - Earnings Call Transcript

FAIRFIELD, NJ / ACCESSWIRE / November 10, 2021 / Jerash Holdings (US), Inc. ("Jerash") (NASDAQ:JRSH), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced financial results for its fiscal 2022 second quarter, ended September 30, 2021. Financial Highlights - Fiscal 2022 Second Quarter Versus Fiscal 2021 Second Quarter Revenue of $45.7 million, an increase of 68.8 percent, reflecting higher shipments Gross profit of $10.1 million, an increase of 71.8 percent, due to higher revenue and gross margin Gross margin of 22.1 percent versus 21.7 percent, reflecting improved product mix and higher sales volumes Comprehensive income attributable to Jerash's common stockholders of $4.4 million, or $0.39 per share, vs.

Jerash Holdings Reports Record Revenue and Earnings for Fiscal 2022 Second Quarter; Increases Revenue Guidance for Full Fiscal Year

FAIRFIELD, NJ / ACCESSWIRE / November 1, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced it will release the financial results for its fiscal 2022 second quarter, which ended September 30, 2021, after the market closes on Wednesday, November 10, 2021. The Company will host an investor conference call the following day.

Jerash Holdings to Report Fiscal 2022 Second Quarter Financial Results on November 10; Host Conference Call on November 11

FAIRFIELD, NJ / ACCESSWIRE / October 11, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced that its wholly owned subsidiary, Jerash Garments and Fashions Manufacturing Co., Ltd., has completed the previously announced acquisition of Mustafa and Kamal Ashraf Trading Company (Jordan) for Manufacture of Ready-Made Clothes LLC ("MK Garments"), which operates a 71,000 square-foot apparel manufacturing facility in Amman, Jordan, for approximately $2.8 million in cash.

Jerash Holdings Completes Acquisition of MK Garments

FAIRFIELD, NJ, / ACCESSWIRE / September 29, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which is a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, today announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at a public offering price of $7.00 per share. In addition, Merlotte Enterprise Limited, a stockholder of Jerash, is selling 400,000 shares of Jerash's common stock in the offering at the same price.

Jerash Holdings (US), Inc. Announces Pricing of $7.0 Million Public Offering of Common Stock

FAIRFIELD, NJ / ACCESSWIRE / September 29, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which is a premium manufacturer and exporter of custom, ready-made, sportswear and outerwear for leading global brands, together with Merlotte Enterprise Limited, a stockholder of Jerash, today announced the commencement of a proposed underwritten public offering of common stock of Jerash Holdings (US), Inc. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. D.A. Davidson & Co. and Lake Street Capital Markets, LLC are acting as joint book-running managers for this offering.

Jerash Holdings (US), Inc. Commences Public Offering of Common Stock

Jerash Holding is a clothing company based in Jordan. The FTA gives them advantages over manufacturers in other countries.

Jerash Holdings Undervalued But Risky

FAIRFIELD, NJ / ACCESSWIRE / September 16, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced the results of its annual meeting of stockholders, held on September 15, 2021. Items submitted for stockholder approval were approved and adopted, including: Election of five nominated directors, Sam Choi, Kitty Yang, Ibrahim Saif, Bill Korn and Mak Chi Yan.

Jerash Holdings Announces Results of 2021 Annual Meeting of Stockholders

FAIRFIELD, NJ / ACCESSWIRE / September 9, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced that Gilbert Lee, its chief financial officer, will participate at Lake Street Capital Management's Best Ideas Growth (BIG5) Conference, being held virtually on September 15, 2021. Management will conduct one-on-one meetings with investors during the conference.

Jerash Holdings to Present at Lake Street's 5th Annual Best Ideas Growth Conference, September 15

Jerash Holdings (US), Inc. (JRSH) CEO Choi Lin Hung on Q1 2022 Results - Earnings Call Transcript

Shares of Jerash Holdings (US) (NASDAQ:JRSH) fell 0.7% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 142.86% over the past year to $0.17, which beat the estimate of $0.12.

Jerash Holdings: Q1 Earnings Insights

FAIRFIELD, NJ / ACCESSWIRE / August 11, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced financial results for its fiscal 2022 first quarter, ended June 30, 2021. Financial Highlights - Fiscal 2022 First Quarter Versus Fiscal 2021 First Quarter Revenue of $29.9 million, an increase of 59.8 percent, reflecting higher shipments Gross profit of $5.6 million, an increase of 84.5 percent, due to higher revenue and gross margin Gross margin of 18.8 percent vs.

Jerash Holdings Reports Record Results for the Fiscal 2022 First Quarter, Increases Revenue Guidance for Full Fiscal Year

FAIRFIELD, NJ / ACCESSWIRE / August 2, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced it will release its financial results for its fiscal 2022 first quarter, which ended June 30, 2021, before the market opens on Wednesday, August 11, 2021. The Company will host an investor conference call the same day.

Jerash Holdings to Report Financial Results for Fiscal 2022 First Quarter on Wednesday, August 11, 2021

Focused on Women Recruitment, Company Provides Free Healthcare and Daycare to Workforce, Including Syrian Refugees Humanitarian Efforts Recognized by United Nations FAIRFIELD, NJ / ACCESSWIRE / July 27, 2021 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced that it expects to surpass its goal of employing 500 workers at its new manufacturing facility in Al-Hasa by the end of 2021. The Al-Hasa facility is the result of a joint project between Jerash and Jordan's Ministry of Labor that began in 2018 to create employment opportunities for women in remote areas with unemployment rates as high as 70 percent.

Jerash Holdings to Double Worker Capacity at Facility in Al-Hasa As Part of Special Humanitarian Project with Jordanian Government

FAIRFIELD, NJ / ACCESSWIRE / July 26, 2021 / Jerash Holdings (US), Inc. (Nasdaq:JRSH) (the "Company" or "Jerash"), which manufactures and exports custom, ready-made, sports and outerwear for leading global brands, today announced that Gilbert Lee, its chief financial officer, will present at the D.A. Davidson Bison Select Conference on August 4, 2021, at 11 a.m.

Jerash Holdings to Present at the D.A. Davidson Bison Select Conference, August 4 at 11 a.m.

Jerash Holdings (US) Inc's (NASDAQ: JRSH) subsidiary, Jerash Garments and Fashions Manufacturing Co Ltd,  has acquired  the physical premises of the previously announced MK Garments manufacturing factory in Amman, Jordan, for $2.7 million in cash. The premises consist of a 71,000 square-foot building and land that houses the apparel manufacturing operations.

News for Jerash holdings (US) Inc Stock (JRSH)