Hearing Protection and Enhancement
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AXIL Up 29.7% on Y/Y Earnings Rise in Q2 From Walmart, Retail Growth
ZACKS· 2026-01-15 17:11
Core Insights - AXIL Brands' shares increased by 29.7% following the release of its second-quarter fiscal 2026 results, driven by strong revenue growth, improved operating income, and enhanced profitability metrics supported by retail momentum [1] Financial Performance - For the quarter ending November 30, 2025, AXIL reported net sales of $8.1 million, a 5.2% increase from $7.7 million in the same quarter last year, primarily due to a significant order from a national retail chain [4] - Gross profit was $5.5 million, with a gross margin decline to 68.1% from 71.1%, attributed to a higher proportion of lower-margin wholesale and retail sales compared to direct-to-consumer sales [5] - Operating income rose by 34.2% year over year to $903,071, benefiting from operating leverage and reduced expense intensity [6] - Total operating expenses decreased to $4.6 million from $4.8 million, representing 57% of net sales compared to 62.4% in the prior year, driven by lower sales and marketing costs and reduced professional expenses [7] - Net income increased to $704,883 from $633,706 year over year, with basic EPS remaining flat at 10 cents and diluted EPS improving to 9 cents from 8 cents [7] - Adjusted EBITDA on a non-GAAP basis rose by 13.9% to $1.16 million, with the adjusted EBITDA margin expanding to 14.2% from 13.1% [8] Balance Sheet - AXIL ended the quarter with cash of $5 million, up from $4.8 million as of May 31, 2025, while accounts receivable increased to $2.4 million and inventory rose to $4.7 million, reflecting investments in working capital to support growth [9] Retail Strategy - The company is expanding its retail presence and direct-to-consumer platform, securing large national retail partnerships to enhance product visibility and drive volume growth [3] - AXIL announced the national distribution of its new X30i LT hearing protection product through Walmart, with an initial rollout in approximately 3,700 U.S. locations expected in early 2026 [11] - The company also launched the GS Extreme 3.0 tactical earbuds and expanded the Reviv3 brand through a partnership with Chatters, Canada's largest salon retailer [11]
AXIL Unveils MX II Next Generation Earmuffs Featuring Advanced SonicShieldX™ Technology
Globenewswire· 2025-12-18 10:00
Core Insights - AXIL Brands, Inc. is set to launch the MX II Series earmuffs featuring the next-generation SonicShieldX™ technology, aimed at providing superior hearing protection and sound enhancement for outdoor enthusiasts and professionals in high-noise environments [1][3] Product Launch Details - The MX II PRO model will be available for preorder starting January 5, 2026, with deliveries expected in February 2026. This model includes advanced Bluetooth connectivity, hearing amplification, and instant noise compression for sounds above 85 dB [2] - Additional variants, including the MX II Electronic and MX II Passive, are scheduled for release in May 2026, focusing on essential sound enhancement and reliable non-electronic noise reduction, respectively [2] Technological Advancements - The MX II Series incorporates enhanced automatic sound compression, improved ambient sound amplification (up to 6X for safe levels), and superior clarity in challenging environments [7] - The earmuffs are designed to be lightweight, sweat- and water-resistant, with adjustable headbands and easy-to-clean cushions for all-day comfort [7] - Customizable options include interchangeable ear pads and plates, along with eco-friendly packaging [7] Company Overview - AXIL Brands is a global consumer products company specializing in premium hearing enhancement and protection products, including ear plugs, earmuffs, and ear buds, marketed under the AXIL® brand [5] - The company also offers premium hair and skincare products under the Reviv3® brand, with a market presence in the United States, Canada, the European Union, and Asia [5]
AXIL Brands Launches X30i Filtered Earplug Bundle Pack on Costco.com
Globenewswire· 2025-09-25 09:00
Core Insights - AXIL Brands, Inc. has launched its X30i filtered earplugs in a two-pack bundle available on Costco.com, expanding its product offerings on the Costco platform [1][2] - The X30i earplugs feature advanced technology to protect against continuous and impulse noise, making them suitable for various high-noise environments [3] Product Details - The X30i earplugs come in two colors: black and desert tan, and are designed for extreme noise environments such as concerts, air travel, and construction [2][3] - The earplugs provide up to 25dB SNR of noise reduction while allowing users to maintain situational awareness through a toggle switch to switch between modes [3] Company Overview - AXIL Brands is a global consumer products company specializing in hearing protection and enhancement products under the AXIL® brand, as well as hair and skincare products under the Reviv3® brand [5] - The company markets its products in the United States, Canada, the European Union, and Asia, indicating a broad international presence [5]
AXIL Brands, Inc. Receives Prestigious Features in Leading Military Publications
Globenewswire· 2025-05-30 12:00
Core Viewpoint - AXIL Brands, Inc. has received significant recognition for its innovative hearing protection and enhancement solutions, particularly from military and technology media outlets, highlighting its commitment to advanced technology and performance in high-intensity environments [1][2][3]. Group 1: Product Features and Innovation - AXIL's hearing protection and enhancement solutions are designed to meet the specific needs of military personnel, outdoor enthusiasts, and professionals in demanding environments, emphasizing superior comfort and performance [2]. - The products utilize advanced digital sound processing to provide exceptional hearing protection while amplifying critical sounds, ensuring users maintain situational awareness during high-intensity activities [3]. Group 2: Company Background and Market Presence - AXIL Brands is a global consumer products company that manufactures and markets premium hearing enhancement and protection products, including ear plugs, earmuffs, and earbuds, under the AXIL brand, as well as hair and skincare products under the Reviv3 brand [4]. - The company operates in multiple regions, including the United States, Canada, the European Union, and Asia, indicating a broad market presence [4]. Group 3: Media Recognition - AXIL's products have been featured in prominent military and technology publications such as Military Times, Marine Corps Times, Air Force Times, Navy Times, and Yahoo Tech, showcasing the brand's credibility and appeal within the military and tech communities [1][7].