Recent Updates — AXIL
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.
AXIL Brands reported fiscal fourth quarter and full-year results ending May 31, 2026. Q4 net revenues rose 48.9% to a record $8.6 million, with net income of $1.5 million ($0.18 diluted EPS), compared to a loss in the prior year period. Full-year net revenue reached $30.8 million, yielding net income of $2.7 million ($0.33 diluted EPS). The company expanded its retail footprint to approximately 6,000 locations, including new Walmart and Sportsman's Warehouse partnerships, while maintaining a cash balance of $4.5 million with no debt. AXIL Brands manufactures and markets hearing protection products under the AXIL brand and hair care products under Reviv3.