Company expects a favorable impact to fiscal 2027 gross margin from a $910,000 CBP duty refund
AXIL Brands enters fiscal 2027 with expanded retail footprint and deeper product portfolio
Company believes it is in early stages of multi-year growth trajectory
Key details
Metric
Actual
Q4 Revenue
$8.6 mln
Q4 Gross Margin
72%
Growth drivers
Big-box retail orders - Co said Q4 revenue growth was primarily driven by material orders from big-box retail chains in hearing enhancement and protection segment
Retail footprint expansion - Co expanded Walmart partnership to 1,250 locations and entered Sportsmans Warehouse, increasing total store count to about 6,000 from 1,800 last year
New product launches - Co launched MX II Series earmuffs with SonicShieldX technology and AXIL CRX in-ear protection, broadening product portfolio
Quarterly results
US hearing protection and personal care maker's Q4 revenue rose 49% year-over-year