AXIL Brands Q3 sales rise 5.4% to $7.3 million, but profit falls on higher marketing costs
AXIL Brands reported fiscal third-quarter results for the three months ended February 28, 2026, with net sales up 5.4% to $7.3 million while net income fell to $0.2 million from $0.6 million. Management attributed the profit decline to higher sales and marketing spending and increased tariffs and customs duties, and it reiterated fourth-quarter and full-year revenue ranges.
Key points
- Net sales rose 5.4% to $7,294,030 from $6,922,367; gross margin fell to 69.1% from 71.7%.
- Net income was $203,046, or $0.02 per diluted share, versus $576,662, or $0.07 per diluted share, a year earlier.
- Adjusted EBITDA fell 47.1% to $470,794 from $890,546, with sales and marketing costs up approximately $400,000.
- Outlook: fourth-quarter fiscal 2026 revenue of $8 million to $10 million; full fiscal 2026 revenue of $30.2 million to $32.2 million.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.