Earnings ·
AXIL Brands reports $6.1M Q1 revenue and $0.05 diluted EPS
AXILAxil Brands, Inc.
AXIL Brands reported first-quarter fiscal 2027 net revenues of $6.1 million, an 11.2% decrease from the prior-year period, driven by a non-repeating big-box order and transition to its XCOR II product line. Diluted earnings per share were $0.05, up from $0.04 in the prior year, supported by improved gross margins of 82.6% which included a $0.55 million customs duty refund benefit. The company generated $3.8 million in operating cash flow and ended with $7.9 million in cash and no debt. Initial XCOR II orders exceeded $3.6 million as of late September, with shipments underway for the next fiscal quarter. AXIL Brands is a manufacturer and marketer of hearing protection products and hair care brands.