Jerash Holdings (Us), Inc. Provides Revenue Guidance for the Third Quarter and Fiscal Year 2022
November 10, 2021 at 04:16 pm EST
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Jerash Holdings (US), Inc. provided revenue guidance for the third quarter and fiscal year 2022. For the quarter, the company expected revenue to be in the range of $31 million to $33 million.
For the fiscal year 2022, revenue expected to be in the range of $125 million to $130 million versus $90.2 million in fiscal 2021. Revenue in fiscal 2022 expected to be at record levels.
Jerash Holdings (US), Inc., through its wholly owned subsidiaries, is principally engaged in the manufacturing and exporting of customized, ready-made sportswear and outerwear from knitted fabric and personal protective equipment (PPE) produced in its facilities in the Hashemite Kingdom of Jordan (Jordan). The Company manufactures and exports custom, ready-made, sportswear and outerwear for global brands and retailers. The global brands and retailers include VF Corporation, which owns brands, such as The North Face, Timberland, and Vans; New Balance, G-III, which licenses brands, such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess; American Eagle; and Skechers. Its sportswear and outerwear product offering consists of jackets, polo shirts, t-shirts, pants, and shorts. Its primary product offerings include shorts, pants, and vests. Its PPE product offering consists of branded (washable) and disposable face masks, medical scrubs, protective coveralls, and surgical gowns.