AXIL Brands

AXIL

Market cap $44M

Axil Brands, Inc. (AMEX:AXIL) shares are trading higher Wednesday after the company announced that it expanded its partnership with Walmart to include the MX PRO and MX passive models for the retailer's online and in-store platforms.

LOS ANGELES, April 29, 2026 (GLOBE NEWSWIRE) -- Axil Brands, Inc. (NYSE American: AXIL), a leader in advanced hearing protection and enhancement technology, today announced that Walmart will expand its offering of Axil Brands products to include the MX PRO and MX Passive models for its online and in-store platforms. The expanded distribution is expected to launch in Axil's fiscal first quarter across approximately 1,250 Walmart stores nationwide.

AXIL Brands reports higher y/y revenues in Q3 but earnings fall as rising costs and marketing investments pressure margins amid ongoing retail expansion efforts.

LOS ANGELES, April 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, and marketing services for third-party brands today announced financial and operational results for the third fiscal quarter ended February 28, 2026 (“Q3 2026”). Financial Highlights for the Quarter Ended February 28, 2026 Net sales increased 5.4% in Q3 2026 to $7.3 million, compared to $6.9 million in the prior year period Gross profit was largely unchanged at approximately $5.0 million for both periods, representing 69.1% gross margin in Q3 2026, compared to 71.7% in the prior year period Operating expenses of $4.8 million were 66.2% of net sales in Q3 2026, compared to $4.4 million, or 63.3% of sales in the prior year period Net income in Q3 2026 was $0.2 million, or $0.02 per diluted share compared to $0.6 million, or $0.07 per diluted share in the prior year period Adjusted EBITDA in Q3 2026 was $0.5 million, compared to $0.9 million in the prior year period Net cash provided by operating activities for the nine months ended February 28, 2026 was $0.8 million, compared to $1.7 million in the prior year period Cash on hand as of February 28, 2026 was $5.5 million, representing an increase of $700,000 compared to $4.8 million as of May 31, 2025 Operations Update: Announced new order with Home Depot to distribute three high performance products through its on-line platform Announced that Sportsman's Warehouse will distribute two products, GSX 3 and XCor Pro, which will be available at 70 national stores and on-line Announced 3,700-store rollout with Walmart beginning first half of calendar 2026 Announced expansion of licensing agreement with Monster Jam Quarterly Results: Net sales increased by $371,663, or 5.4%, to $7,294,030 for the three months ended February 28, 2026, compared to $6,922,367 for the prior-year period, primarily driven by continued growth in demand for our hearing enhancement and protective equipment products, and partially offset by lower sales in our hair and skin care segment, which were impacted by the absence of a significant distributor order that was fulfilled in the prior-year period.

LOS ANGELES, March 30, 2026 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (NYSE American: AXIL), a leader in innovative hearing protection and enhancement technology, today announced that it will introduce two of its flagship electronic hearing protection products, the GSX 3.0 and XCOR Pro to Sportsman's Warehouse stores nationwide. The rollout to Sportsman's Warehouse stores is expected to begin in the coming weeks, with both products available in-store and online at Sportsmans.com.

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AXIL Brands shares rally 29.7% as Q2 gains in retail sales, cost cuts and product launches lift profitability.

AXIL's shares surge after Q2 results showed higher revenue, improved operating income, and expanding retail momentum despite margin pressure.

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.

LOS ANGELES, Dec. 18, 2025 (GLOBE NEWSWIRE) -- AXIL Brands, Inc. (NYSE American: AXIL), a leading innovator in hearing protection, enhancement, and audio technology, is excited to announce the upcoming launch of the MX II Series earmuffs. The MX II introduces the company's cutting-edge next-generation SonicShieldX™ technology platform, delivering superior hearing protection, sound enhancement, and unmatched comfort for outdoor enthusiasts and professionals in high-noise environments.