Axil Brands, Inc.

AXIL Brands, Inc. reported first quarter fiscal 2027 results with a net revenue decrease of 11.2% to $6.1 million, attributed to a planned product transition and a prior-year large order that did not repeat. Despite the revenue dip, net income increased to $0.4 million ($0.05 EPS) from $0.3 million ($0.04 EPS) YoY, and net cash from operations surged to $3.8 million. The company also announced the successful launch of XCOR II, which has generated significant early orders, and a strategic partnership for its Reviv3 hair and skin care brand, bringing in partners for a 25% stake while AXIL retains control.

AXIL Brands, Inc. announced that its full range of premium hearing protection and enhancement products is expected to be available in July at selected Marine Corps Exchange (MCX) locations across the United States. This expansion provides U.S. Marines, their families, and authorized patrons with convenient access to AXIL's advanced solutions, including the XCOR and XCOR Pro wireless earbuds, MX II series earmuffs, GS Extreme 3.0, and X series earplugs. The partnership aligns with AXIL's mission to deliver reliable, high-performance audio solutions designed for demanding environments and military needs.

Axil Brands, Inc.'s Chief Financial Officer, Jeff Brown, has certified the company's Quarterly Report on Form 10-Q for the quarter ended February 28, 2026. This certification, made pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, affirms that the report fully complies with the requirements of the Securities Exchange Act of 1934. Furthermore, Mr. Brown certified that the information contained in the report fairly presents, in all material respects, the financial condition and results of operations of Axil Brands as of the dates and for the periods covered. This routine compliance filing underscores the company's commitment to transparent financial reporting.

AXIL Brands, Inc. (NYSE American: AXIL) disclosed its consolidated financial results for the three months ended February 28, 2026, marking its third fiscal quarter of 2026. The company, an emerging global consumer products firm specializing in AXIL® hearing protection and enhancement products and Reviv3® hair and ski products, made the announcement on April 8, 2026. Specific financial performance metrics were not detailed in the provided filing text.