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ARGYLE Haus of Apparel Announces the Debut of Innovative Sleepwear Brand SLEPT IN
Globenewswire· 2025-12-16 13:02
LOS ANGELES, Dec. 16, 2025 (GLOBE NEWSWIRE) -- ARGYLE Haus of Apparel, a Los Angeles–based clothing manufacturer specializing in startups, today announced the official launch of SLEPT IN, an innovative new sleepwear brand redefining modern comfort and everyday style. Designed to be worn all day, from the bedroom to the bodega, SLEPT IN blends functionality, versatility, and elevated design in cozy sleepwear made in the USA. Founded by Michaela Hutton and Kirsten Mancini, SLEPT IN challenges traditional slee ...
UNISYNC Corp. Reports Fiscal 2025 Results
Globenewswire· 2025-12-10 12:00
TORONTO, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Unisync Corp. (“Unisync") (TSX:“UNI”) (OTC:“USYNF”) today announced its financial results for the twelve months ended September 30, 2025, highlighted by a return to profitability, a second consecutive year of gross margin improvement, and a growing base of contracted new business. For fiscal 2025, Unisync posted $1.5 million in pre-tax income on $84.5 million in revenue, compared with a $6.6 million pre-tax loss the prior year. The Company recorded net income of $0 ...
Gildin's HanesBrands Integration in Focus as Major Holder Sells 137,548 Shares
The Motley Fool· 2025-12-04 17:21
The HanesBrands deal could reshape Gildan’s future—here’s what investors should watch next.Connecticut-based Ararat Capital Management cut its stake in Gildan Activewear (GIL +2.10%) by 137,548 shares in the third quarter, reducing its position by approximately $4.9 million, according to a November 14 SEC filing.What HappenedAccording to the SEC filing dated November 14, Ararat Capital Management LP reduced its exposure to Gildan Activewear by selling 137,548 shares during the third quarter. The position’s ...
Gildan Completes the Acquisition of HanesBrands
Globenewswire· 2025-12-01 14:20
(all amounts are in U.S. dollars except where otherwise indicated) MONTREAL, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) announced today that it has completed the previously announced acquisition of HanesBrands Inc. (“HanesBrands”), creating a global apparel leader. “Today marks the beginning of an exciting new chapter. By welcoming HanesBrands into the Gildan family, we are doubling our scale, combining iconic brands with our world-class, low-cos ...
This Fund Sold $49.5 Million of Gildan as the Apparel Maker Pursues $2.2 Billion HanesBrands Merger
The Motley Fool· 2025-11-29 17:53
One big investor walked away just as Gildan prepares its biggest transformation in years.On November 14, Connecticut-based Coliseum Capital Management fully exited its position in Gildan Activewear (GIL 2.65%), reducing exposure by $49.5 million, according to a new SEC filing.What HappenedAccording to a U.S. Securities and Exchange Commission (SEC) filing dated November 14, Coliseum Capital Management reported a complete sale of its stake in Gildan Activewear, amounting to a reduction of about 1 million sha ...
知知观察|“老派”还是时髦?探访贵阳服装定制市场
Sou Hu Cai Jing· 2025-11-20 09:16
在贵阳市府路另一家手工定制工作室里,经验丰富的裁缝师傅正专注地忙碌着。裁剪台上,一块块精心挑选的面料在师傅的巧手下逐渐变成一件件初具雏 形的大衣。裁缝郑师傅一边熟练地操作着缝纫机,一边介绍:"手工定制大衣,每一个环节都讲究精细。从面料的选择,到裁剪的精准度,再到缝制的针 法,都直接影响着大衣的品质和穿着效果。我们这里选用的大多是高品质的羊毛、羊绒面料,保暖性好,质感上乘。而且每一针每一线都亲手缝制,能更 好地把控细节,让大衣更加合身、耐用。" 记者注意到,在工作室的一角,摆放着各种辅料,如纽扣、拉链、内衬等。郑师傅笑着说:"别小看这些小东西,它们也是决定大衣品质的关键因素。我 们会根据大衣的整体风格和顾客的喜好,精心挑选合适的辅料,让大衣在细节处也能展现出独特的魅力。" 在贵阳,除了手工定制的裁缝店,布料市场也占据了一席之地,在延安巷这家主打特色面料经营的店铺内,各类布料琳琅满目,既有经典的传统织物,也 有紧跟潮流的新型材质,它们被巧妙搭配,展现出别具一格的魅力。 店主向记者介绍道:"我们经营布料多年,一直注重在保留传统面料特色优势的基础上,紧跟时尚步伐。而且会密切关注当下流行的色彩、图案和材质趋 势,把这些 ...
Jerash Holdings (JRSH) Earnings Report Analysis
Financial Modeling Prep· 2025-11-13 05:00
Core Insights - Jerash Holdings (NASDAQ:JRSH) reported an earnings per share (EPS) of $0.04, missing the estimated $0.14, indicating a shortfall in profitability expectations [1][6] - The company achieved a revenue of approximately $41.97 million, surpassing the estimated $41 million, reflecting a 4.3% year-over-year increase from $40.2 million [2][6] Financial Performance - The gross margin decreased to 15% from 17.5% in the prior year quarter, indicating challenges in maintaining profitability despite revenue growth [3] - Operating income slightly declined to $1.09 million from $1.13 million, and net income fell to $479,000 from $665,000 in the previous year [3] Financial Ratios and Liquidity - The price-to-earnings (P/E) ratio is approximately 50.92, suggesting investors are willing to pay about 51 times the company's earnings over the past year [4] - The current ratio stands at 2.85, indicating a strong liquidity position with nearly three times current assets compared to current liabilities [5][6] - The debt-to-equity ratio is 0.08, reflecting a relatively low level of debt compared to equity [5] Future Outlook - Jerash Holdings anticipates a revenue increase of 19 to 21% for the fiscal 2026 third quarter, with a gross margin target of approximately 13 to 15% [5]
Jerash Holdings(JRSH) - 2026 Q2 - Earnings Call Transcript
2025-11-12 15:00
Financial Data and Key Metrics Changes - Revenue for Q2 2026 increased by 4.3% to $42 million compared to $40.2 million in Q2 2025, driven by higher shipment volumes to U.S. customers [12] - Gross profit was $6.3 million, down from $7.1 million in the same quarter last year, with gross profit margin declining to 15.0% from 17.5% [12] - Operating expenses decreased to $5.2 million from $5.9 million in the same quarter last year, primarily due to better control of export costs [13] - Net income was $479,000 or $0.04 per diluted share, compared to $665,000 or $0.05 per diluted share in the same quarter last year [14] - Cash and restricted cash totaled $13.7 million, with net working capital of $35.2 million as of September 30, 2025 [14] Business Line Data and Key Metrics Changes - The company successfully completed the expansion of manufacturing facilities, increasing production capacity by approximately 15% to support growing demand [6] - The initial phase of a major collaboration order of over three million pairs of girls' shorts was shipped, with the second phase scheduled for completion by the end of November [9] Market Data and Key Metrics Changes - Apparel exports from Jordan to the U.S. remain favorable with a current effective tariff rate of 15%, compared to rates of 20% to over 60% from other sourcing countries [5] - Jordan's free trade agreements with key markets, including the E.U., U.K., and Canada, enhance its attractiveness as a manufacturing hub [5] Company Strategy and Development Direction - The company is focusing on diversifying its customer base and product mix to enhance year-round production stability and reduce seasonality impacts [6] - A long-term expansion plan is being initiated, which includes evaluating potential acquisitions and developing land to meet evolving market demand [6] - The goal is to gradually improve gross margins to approximately 20% through increased production automation and economies of scale [7] Management's Comments on Operating Environment and Future Outlook - Management anticipates a slightly lower average gross margin in the near term due to new customer acquisitions and product mix shifts [7] - The company expects revenue for Q3 2026 to increase by 19% to 21% over the same quarter last year, with gross margin expected to be approximately 13% to 15% [15][16] Other Important Information - The board of directors approved a regular quarterly dividend of $0.05 per share, payable on November 26, 2025 [15] - The company is closely monitoring regional geopolitical uncertainties and evolving tariff regulations as it advances its growth strategy [7] Q&A Session Summary Question: Revenue guidance for the third quarter breakdown - The company does not break down revenue guidance by capacity increase versus demand increase, but overall capacity has increased by about 10% to 15% [18] Question: Path to achieving 20% gross margin - Achieving a 20% gross margin will take a few years, with improvements expected through expansion, increasing volume, and economies of scale [20][21] Question: Context on inventory increase - Inventory is up 30% year-over-year due to taking on a large volume customer and procuring more raw materials for production during traditionally slower seasons [28][29] Question: Expansion plans and customer details - Expansion is driven by increasing orders from both existing and new customers, including major brands like North Face and New Balance [33][35] Question: Shift in customer orders post-tariff changes - Customers are shifting orders from countries like China and India to Jordan due to lower tariff rates, with significant growth in shipping to Europe as well [37][41] Question: Q4 outlook compared to previous years - Q4 is expected to be better than previous years, with capacity fully booked through February and a more stable demand outlook [43]
Jerash Holdings(JRSH) - 2026 Q2 - Earnings Call Transcript
2025-11-12 15:00
Financial Data and Key Metrics Changes - Revenue for Q2 2026 increased by 4.3% to $42 million compared to $40.2 million in the same quarter last year [14] - Gross profit decreased to $6.3 million from $7.1 million, with gross profit margin declining to 15% from 17.5% [15] - Operating income slightly decreased to $1.09 million from $1.13 million [16] - Net income was $479,000 or $0.04 per diluted share, down from $665,000 or $0.05 per diluted share in the prior year [16] - Comprehensive income attributable to common stockholders decreased to $440,000 from $663,000 [17] - Cash and restricted cash totaled $13.7 million, with net working capital at $35.2 million [17] - Net cash provided by operating activities was approximately $318,000, down from $2.4 million in the same period last year [18] Business Line Data and Key Metrics Changes - The company successfully completed the expansion of manufacturing facilities, increasing production capacity by approximately 15% [6] - The diversification of the customer base and product mix is aimed at enhancing year-round production stability [7] Market Data and Key Metrics Changes - Jordan is increasingly recognized as a preferred manufacturing hub due to favorable tariff rates compared to other sourcing countries [5] - Apparel exports from Jordan to the U.S. benefit from a 15% tariff, significantly lower than rates from other countries [5] Company Strategy and Development Direction - The company is focusing on long-term expansion plans, including potential acquisitions and developing its own land [6] - The strategy includes diversifying the customer base and product mix to reduce seasonality impacts [7] - The goal is to gradually improve gross profit margins to approximately 20% through increased automation and economies of scale [8] Management's Comments on Operating Environment and Future Outlook - Management remains vigilant about regional geopolitical uncertainties and tariff developments while advancing growth strategies [8] - Revenue for Q3 2026 is expected to increase by 19% to 21% compared to the same quarter last year, with gross margin anticipated to be approximately 13% to 15% [19] Other Important Information - The Board of Directors approved a regular quarterly dividend of $0.05 per share payable on November 26, 2025 [18] Q&A Session Summary Question: Revenue guidance for the third quarter breakdown - The company does not break down revenue guidance by capacity increase versus demand increase, but overall capacity has increased by about 10% to 15% [22] Question: Path to improving gross margins to 20% - Management indicated that achieving a 20% gross margin is a long-term goal that will take a few years, with current margins expected to remain flat or lower due to new customer onboarding [24][25] Question: Context on inventory increase - Inventory is up 30% year-over-year due to preparing for a large volume customer, which is atypical for the season [30] Question: Expansion plans and customer details - Expansion is driven by both existing and new customers, with significant orders from legacy customers and new partnerships [35][36] Question: Tariff impact and customer sourcing - Customers are shifting orders from countries like China and India to Jordan due to lower tariffs, enhancing the company's competitive position [40][42] Question: Q4 performance expectations - Q4 is expected to be better than previous years, with full booking through February indicating a strong demand outlook [46]
3 Reasons Why Growth Investors Shouldn't Overlook Kontoor (KTB)
ZACKS· 2025-11-11 18:45
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Kontoor Brands (KTB) is highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth investors [2] Group 2: Earnings Growth - Kontoor's historical EPS growth rate is 7.8%, but the projected EPS growth for this year is 12.5%, significantly outperforming the industry average of 1.7% [4] Group 3: Asset Utilization - Kontoor's asset utilization ratio (sales-to-total-assets ratio) is 1.27, indicating that the company generates $1.27 in sales for every dollar in assets, which is higher than the industry average of 1.16 [5] Group 4: Sales Growth - The company's sales are expected to grow by 19.3% this year, contrasting sharply with the industry average of 0% [6] Group 5: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Kontoor, with the Zacks Consensus Estimate for the current year increasing by 0.8% over the past month [7] Group 6: Investment Potential - Kontoor has achieved a Growth Score of B and a Zacks Rank of 2 due to positive earnings estimate revisions, suggesting it is a solid choice for growth investors [9]