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Jun 16, 2026 12:10 PM

Why Is Jerash Holdings Stock Gaining Tuesday?

Jerash Holdings Inc. (NASDAQ:JRSH) stock surged Tuesday after the apparel manufacturer reported stronger-than-expected fourth-quarter 2026 results and issued first-quarter revenue guidance that topped Wall Street estimates.

Fourth-Quarter Results Beat Expectations

Jerash reported fourth-quarter earnings of 12 cents per share, compared with the analyst consensus estimate for a loss of 1 cent.

Revenue rose to $42.9 million from $29.3 million a year earlier, exceeding the consensus estimate of $36.2 million.

The company manufactures customized sportswear and outerwear for major U.S. retailers, including Walmart Inc. and Costco Wholesale Corp.

Full-Year Revenue Reaches Record

For fiscal 2026, revenue increased 14% to a record $166.3 million from $145.8 million a year earlier.

Gross margin improved ...