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Company Overview
Jerash Holdings (US) Inc manufactures and exports custom and ready-made sportswear and outerwear using high-quality knitted fabric. Specializing in apparel such as jackets, polo shirts, t-shirts, pants, and shorts, the company caters to a diversified client base including well-known brand-name retailers in the United States, Jordan, and international markets. With deep roots in the textile and apparel manufacturing industry, Jerash exemplifies expertise in custom apparel manufacturing and sportswear production.
Manufacturing and Operational Excellence
Operating production facilities from Jordan and managing a comprehensive supply chain network, the company has honed processes that ensure precise manufacturing and timely export delivery. The production facilities are strategically organized to handle both customized orders and ready-made batches, enabling the firm to maintain a high level of quality assurance while meeting the distinct demands of various global brands.
Product Portfolio
Jerash Holdings offers an extensive range of products including:
Jackets and outerwear designed for both functional performance and style
Polo shirts and crew neck shirts produced with a focus on durability and comfort
T-shirts, pants, and shorts made from knitted fabrics that ensure flexibility and a modern look
This diverse product mix allows the company to address seasonal trends and long-standing demand across multiple market segments.
Market Position and Clientele
The company maintains robust relationships with top-tier, globally recognized retailers and brand-name partners. By manufacturing for major retailers and engaging with notable brands, the company reinforces its reputation for precision, reliability, and consistent quality. This strategic client base has enabled Jerash to secure a significant presence in the US market and extend its reach into international territories.
Competitive Landscape
Jerash Holdings competes in the textile and apparel sector by leveraging advanced manufacturing techniques and a keen understanding of supply chain dynamics. Its competitive advantage stems from the ability to adapt production capacity, manage logistical challenges effectively, and continuously meet the high standards demanded by international brands. This positions the company as a reliable partner in the often volatile environment of global apparel manufacturing.
Industry Expertise and Quality Standards
With a focus on quality control and customization, Jerash integrates modern textile manufacturing practices with traditional craftsmanship. The company’s emphasis on innovation and quality allows it to navigate the complexities of production planning, operational scaling, and international regulatory compliance. By upholding rigorous quality standards, Jerash builds long-term trust with its clientele and partners.
Operational Strategies and Supply Chain Management
Recognizing the challenges posed by global logistics and supply chain fluctuations, the company has developed resilient operational strategies. These include diversified sourcing approaches, contingency planning, and agile production scheduling that help mitigate risks associated with international shipping delays or raw material shortages. Such strategic measures contribute to its operational continuity and ability to meet large-volume orders reliably.
Conclusion
Jerash Holdings (US) Inc continues to solidify its role as a pivotal player in the custom sportswear and outerwear manufacturing industry. Through comprehensive production capabilities, strong client relationships, and a commitment to quality, the company efficiently serves a wide spectrum of market segments while reinforcing its competitive edge in a dynamic industry landscape.
Jerash Holdings (NASDAQ:JRSH) announced its financial results for Q4 and FY 2024, ending March 31, 2024. The company faced significant disruptions in the Red Sea, affecting material shipments and production. Q4 revenue dropped 9.3% to $21.6 million, and the gross margin declined to 7% due to higher logistics costs. Operating loss was $3 million, with a net loss of $3.1 million, or $0.25 per share. For the full fiscal year, revenue fell to $117.2 million, from $138.1 million in FY 2023, and the company reported a net loss of $2 million, or $0.16 per share. Despite these challenges, Jerash forecasts a 14-15% revenue increase in Q1 FY 2025 and 15-18% for the full fiscal year. The company is shifting material sourcing to Turkey and Egypt to mitigate shipping issues and has seen a rise in orders from both long-term and new high-profile customers.
Jerash Holdings (NASDAQ: JRSH) will announce its financial results for the fiscal year ending March 31, 2024, on Thursday, June 27, 2024, before the market opens.
The company, which specializes in manufacturing and exporting custom sportswear and outerwear for global brands, will also host an investor conference call on the same day at 9:00 a.m. ET.
The call can be accessed domestically at 888-506-0062 and internationally at 973-528-0011 using the conference ID 933383.
A live and archived webcast will be available on Jerash's investor relations website for approximately one year.
Jerash Holdings (Nasdaq: JRSH), a manufacturer and exporter of custom sportswear and outerwear for global brands, announced a quarterly dividend of $0.05 per share.
This dividend will be payable on or around June 7, 2024, to shareholders recorded by May 31, 2024.
The board of directors approved this regular quarterly dividend, continuing the company's policy of returning value to shareholders.
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