AXIL Brands, Inc. announced financial and operational results for the second quarter ended November 30, 2025, showcasing growth in net sales and profitability metrics.
The company reported an increase in net income, adjusted EBITDA, and cash on hand compared to the prior year period.
Recent business highlights include national distribution partnerships with Walmart and Chatters, Canada's largest salon retailer, for key product lines.
Financial Growth
Net sales increased to $8.1 million, gross profit of $5.5 million, and net income rose to $704,833 in the second quarter of fiscal year 2026.
Operational Efficiency
Operating expenses declined to $4.6 million, representing 57.0% of net sales, showing improvements in cost management strategies.
Expansion Initiatives
AXIL expanded its retail presence with new distribution agreements, focusing on market diversification and revenue stream growth.
- The second quarter of fiscal year 2026 demonstrated solid top-line growth and notable bottom-line progress for AXIL Brands, Inc.
- The company's strategic plan to invest in retail channel expansion while strengthening the e-commerce model contributed to improved financial performance.
AXIL Brands, Inc. is on track for a strong fiscal year 2026, with significant growth in key financial metrics and successful retail partnerships.