E-commerce firm AXIL Brands Q2 sales rise on retail expansion

Reuters
Jan 08
E-commerce firm <a href="https://laohu8.com/S/AXIL">AXIL Brands</a> <a href="https://laohu8.com/S/QTWO">Q2</a> sales rise on retail expansion

Overview

  • Consumer products company's fiscal Q2 net sales rose 5.2% yr/yr to $8.1 mln

  • Adjusted EBITDA for fiscal Q2 increased 13.9% from prior year period

  • Company announced national distribution of X30i LT with Walmart starting early 2026

Outlook

  • AXIL expects Walmart distribution to boost product visibility in early 2026

  • Company aims to sustain growth through cash generated from operations

  • AXIL focuses on expanding revenue streams and strengthening retail partnerships

Result Drivers

  • RETAIL EXPANSION - AXIL's strategic focus on retail channel expansion and e-commerce model strengthening contributed to sales growth

  • PRODUCT LAUNCHES - Introduction of GS Extreme 3.0 earbuds and Reviv3 products through major retailers supported growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$8.10 mln

Press Release: ID:nGNX3GlKN3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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