Jerash Holdings Expects FY24 Revenue Decline of 3%-5% YoY (Prior Flat YoY) Vs $138.73M Est
Outlook
- Revenue for the full fiscal year 2024 is expected to be down approximately 3 to 5 percent from last fiscal year, reflecting product mix shift to lower priced items.
- Gross margin goal for the full fiscal year 2024 is expected to be approximately 15 to 16 percent.