LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for the second quarter ended November 30, 2025 (2Q26). Financial Highlights (Quarter Ended November 30, 2025) Net sales increased to $8.1 million, compared to $7.7 million in the prior year period, an increase of 5.2% Gross profit of $5.5 million, or 68.1% of sales, compared to $5.5 million, or 71.1% in the prior year period Operating expenses declined to $4.6 million, or 57.0% of net sales compared to $4.8 million, or 62.4% of net sales in the prior year period Net income increased to $704,833, compared to $633,706 in the prior year period Adjusted EBITDA was $1.2 million, representing a 13.9% increase from $1.0 million in the prior year period Cash on hand as of November 30, 2025 was $5.0 million, compared to $4.8 million as of May 31, 2025 Basic and diluted earnings per share for 2Q26 were approximately $0.10 and $0.09, respectively, compared to $0.10 and $0.08 in prior year period Recent Business Highlights AXIL announced national distribution of the new X30i LT with Walmart, the world's largest mass-market retailer; initial product rollout expected across approximately 3,700 U.S. locations beginning in early calendar 2026 AXIL launched GS Extreme 3.0, the next evolution of its flagship tactical earbuds, incorporating proprietary sound-filter technology, improved water resistance, and more than double the battery life of the prior generation Launched Reviv3® products through Chatters, Canada's largest salon retailer, with over 115 locations throughout the country “Fiscal 2026 is shaping up to be a strong year for Axil, driven by the continued execution of our strategic plan to invest in retail channel expansion while strengthening our proven e-commerce model,” said Jeff Toghraie, Chairman and Chief Executive Officer of Axil.
