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LOS ANGELES - AXIL Brands, Inc. (NYSE American:AXIL) announced Wednesday a new wholesale partnership that will place its hearing protection products in approximately 300 locations of a major U.S. membership-based retail chain beginning in fiscal 2026. The company, currently valued at $56.19 million, has demonstrated strong financial health with an impressive gross profit margin of 71.4%, according to InvestingPro data.
The company, which manufactures hearing protection and enhancement products under the AXIL brand and hair and skincare products under the Reviv3 brand, has received an initial purchase order with shipments expected across the first and early second quarters of fiscal 2026.
"Partnering with one of the nation’s most respected membership-based retailers gives us an incredible platform to bring our hearing protection products to a significantly broader audience," said Jeff Toghraie, Chairman and Chief Executive Officer of AXIL Brands, in a press release statement.
The partnership represents an expansion of AXIL’s distribution strategy, which currently includes direct-to-consumer, distributor, and wholesale channels. The company’s product line includes earplugs, earmuffs, and electronic earbuds designed for hearing protection and enhancement.
While the specific retail partner was not named in the announcement, the company indicated this nationwide retail presence is expected to increase brand visibility among U.S. consumers.
AXIL Brands markets its products in the United States, Canada, the European Union, and throughout Asia. The company trades on the NYSE American exchange under the ticker symbol AXIL.
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