Aug. 29 at 10:49 AM
$KOSS
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Sales for the three months ended June 30, 2025 were
$3,084,210 compared to
$2,893,401 for the same period in the prior year, an increase of
$190,809, or 6.6%.
The net loss for the fourth quarter of fiscal year 2025 was
$232,696 versus a net loss of
$110,369 for the same three-month period in the prior fiscal year.
“The increase in sales for the quarter was fueled by an approximately 49% increase in sales to our export markets. In fact, sales to our two largest European distributors were up over 100%, mostly led by new product sales. “Declines in orders from our domestic distributors, influenced by excess inventory of non-Koss product, and lower e-tailer sales offset some of the growth.”
The Direct-to-Consumer (“DTC”) market grew approximately 18% compared to the fourth quarter of the prior fiscal year, attributed to new product introductions and higher online traffic from enhanced advertising efforts,” Michael J. Koss, Chairman and CEO, said today.
