Jerash Holdings (US), Inc.: directors' dealings · United States · SEC (Form 4)

About Jerash Holdings (US), Inc.

Jerash Holdings (US), Inc. is a garment manufacturer and exporter focused on custom-made sportswear and outerwear. The company is listed in the United States on the NASDAQ under the ticker JRSH, which places it within the small-cap universe of apparel manufacturers and export-oriented industrial names. Jerash Holdings is incorporated in Delaware, with its U.S. corporate base in Fairfield, New Jersey, while the bulk of its operating footprint is located in Jordan, supplemented by a presence in Hong Kong. The business model is centered on contract manufacturing for global brands and retailers. Jerash produces ready-made sportswear, outerwear, and other apparel categories, including items such as t-shirts, polo shirts, pants, shorts, and jackets. The company says it serves leading brands such as VF Corporation, New Balance, G-III, Hugo Boss, American Eagle, Skechers, and Acushnet. This customer list suggests a position as a specialized manufacturing partner rather than a consumer brand owner: Jerash competes on execution, product quality, responsiveness, and the ability to support private-label or brand-led production programs at scale. From an operating standpoint, Jerash highlights approximately 6,000 employees across six production facilities and four fulfillment warehouses, with annual capacity of more than 20 million pieces. That scale matters in a fragmented and highly competitive apparel manufacturing market, where customers typically look for reliability, cost discipline, and consistent product standards. Jerash’s manufacturing base in Jordan can be viewed as a competitive strength because it may offer attractive cost economics and a stable export platform to Western markets. At the same time, the company remains exposed to the usual risks of offshore apparel sourcing, including customer concentration, freight and input-cost volatility, and regional geopolitical uncertainty. Historically, Jerash has built itself into a vertically oriented manufacturing platform serving international buyers rather than a branded fashion company. Its growth has been driven by deepening relationships with large customers and by expanding industrial capacity in Jordan. The company’s operating model is therefore best understood as an export manufacturing platform anchored in the Middle East, with commercial reach into the United States and other international markets. Recent disclosures point to a stronger operational trend. In February 2026, Jerash reported fiscal third-quarter results showing revenue up 18.0% year over year to $41.8 million, gross margin improving to 16.9%, and net income returning to positive territory. Management also said that renovation of a new manufacturing building is expected to increase capacity by at least 40%, supporting further customer and product diversification. Jerash additionally maintained a quarterly dividend of $0.05 per share, underscoring a shareholder-return policy despite its small-cap profile. Overall, for investors following SEC Form 4 insider activity and broader fundamentals, Jerash remains a niche U.S.-listed manufacturing name with meaningful exposure to global apparel demand and Jordan-based production assets.