KOSS

Shares of Koss Corporation KOSS have gained 0.2% since the company reported its earnings for the quarter ended June 30, 2026. This compares to the S&P 500 index’s 0.1% growth over the same time frame. Over the past month, the stock has declined 7.8% against the S&P 500’s 0.4% increase. Koss reported fourth-quarter fiscal 2026 earnings of 5 cents per share against a loss of 2 cents per share a year earlier. Net sales of $3.3 million indicated a 5.8% rise from $3.1 million in the year-ago quarter. The company posted net income of $0.5 million, reversing the prior-year quarter’s net loss of $0.2 million. Koss Corporation price-consensus-eps-surprise-chart | Koss Corporation Quote Gross profit increased 79.1% year over year to $2 million from $1.1 million. Based on the reported figures, gross margin expanded to approximately 61% from about 36% in the prior-year quarter. Cost of goods sold declined to $1.3 million from $2 million despite the increase in sales. Selling, general and administrative expenses increased 11.1% to $1.7 million from $1.6 million. Nevertheless, the improvement in gross profit more than offset the higher operating expenses, allowing Koss to generate operating income of $0.3 million compared with an operating loss of $0.4 million in the year-ago quarter. Interest income was relatively stable at $0.2 million. Management said direct-to-consumer sales were the largest contributor to fourth-quarter growth, increasing 36.2% year over year. Strength was led by the Porta Pro wired and wireless headphone family. Sales through Koss.com increased 45.6% from the year-earlier period. Sales to certain domestic distributors also remained firm, increasing approximately 12% year over year. However, European markets continued to post declines as distributors slowed inventory replenishment and maintained lower stock levels. One of the most significant factors affecting profitability was $1 million of tariff refunds received during the fourth quarter for previously paid import duties on products from China. Management said the refunds helped offset the adverse impact of tariffs paid during fiscal 2026. Together with a favorable customer mix featuring higher volumes of higher-margin DTC and domestic distributor sales, the refunds helped lift full-year gross margin to 41.9% from 37.8% in fiscal 2025. Full-year sales growth was also supported by a custom headphone sale to a customer in the Education market, DTC demand driven by online marketing and social media campaigns, and stronger sales through portions of the domestic distributor network. For fiscal 2026, net sales increased 3.1% to $13 million from $12.6 million. The full-year net loss narrowed to $0.4 million from $0.9 million, while loss per share narrowed to 4 cents from 9 cents. Full-year gross profit rose to $5.5 million from $4.8 million. Koss reiterated its previously announced “diversification by acquisition” strategy, which management said is intended to reshape the company’s profile over the next five years by adding more predictable and recurring revenue streams. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Koss Corporation (KOSS): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

MILWAUKEE, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter and fiscal year ended June 30, 2026. For the three months ended June 30, 2026, net sales of $3,263,853 reflected an increase of $179,643, or 5.8%, over net sales of $3,084,210 for the same period in fiscal year 2025. The net income for the fourth quarter of fiscal year 2026 was $476,801 compared to a net loss of $232,696 for the fourth quarter of the prior fiscal year, an increase of $709,497. Basic and diluted net income per common share for the quarter ended June 30, 2026 were $0.05, compared to basic and diluted net loss of $0.02 for the same fiscal quarter in the prior year. “Direct-to-consumer (DTC) sales were the biggest contributor to growth for the three months ended June 30, 2026, with an increase of 36.2% over the prior year’s same fiscal quarter, led by strong performances in the Porta Pro wired and wireless headphones family. Koss.com sales showed a remarkable 45.6% increase over the same period in the prior fiscal year,” Michael J. Koss, Chairman and CEO, said in a statement today. “Sales to certain domestic distributors remained strong in the fourth quarter, increasing approximately 12% year over year, however, our European markets continue to show year over year declines as those distributors slow down stock replenishments and maintain lower stock levels.” For the year ended June 30, 2026, sales of $13,020,773 were up $396,603, or 3.1%, over prior year sales of $12,624,170, with the primary driver being a custom headphones sale to a customer in the Education market segment. DTC sales and sales to several domestic distributors also showed substantial increases for the full fiscal year compared to the prior year. Net loss for the full fiscal year 2026 of $391,464 declined $483,367 compared to a net loss of $874,831 for fiscal year 2025. Both basic and diluted net loss per common share for the years ended June 30, 2026 and 2025 were $0.04 and $0.09, respectively. “Full fiscal year sales growth was primarily driven by the custom headphones sale to the Education market, along with strong DTC sales supported by online marketing and social media campaigns, and continued strength in a segment of our domestic distributor business as inventory levels were replenished to adequate levels,” Koss continued. “Tariff refunds of $1.0 million received in the fourth quarter of fiscal year 2026 for previously paid import duties imposed on products from China helped to offset the adverse impact of tariffs paid during the year, resulting in gross margin improvement from 37.8% for the fiscal year ended June 30, 2025 to 41.9% for the 2026 fiscal year. The favorable customer mix, which included higher volumes of higher margin DTC and domestic distributor sales, also helped fuel the increase in margins. The Company’s previously announced ‘diversification by acquisition’ strategy is intended to reshape its profile over the next five years by creating additional predictable, recurring revenue streams for the company.” About Koss Corporation Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones. Forward-Looking Statements This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "may," "will," "should," “could,” “would,” “shall,” "forecasts," "predicts," "potential," "continue," “seeks,” “goal,” “projects” or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company’s ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company’s ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company’s products; pricing; the number and nature of customers and their product orders; the Company’s ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with the pandemics and other health crises or natural disasters, including their possible effects on the Company’s operations and its supply chain; changes in trade policies and tariffs, import and export restrictions; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company’s operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; volatility in the price and trading volume of our common stock; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; any impacts of future acquisitions or other strategic transactions; the possibility that costs or difficulties related to the integration of acquired businesses’ operations will be greater than expected and the possibility that integration efforts will disrupt our business and strain management time and resources; the Company’s ability to retain and hire key personnel and other risk factors described in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2026. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

TORONTO, June 03, 2026--(BUSINESS WIRE)--DREAM IMPACT TRUST (TSX: MPCT.UN) ("Dream Impact" or the "Trust") announced that, at its annual meeting of unitholders (the "Meeting") held today, all of the nominees for election as trustees of the Trust (the "Trustees") referred to in its management information circular for the Meeting (the "Circular") were elected. Votes cast on this matter were as follows: At the Meeting, PricewaterhouseCoopers LLP was appointed as the auditor of the Trust, Dream Impact Master LP and the Trust’s subsidiaries for the ensuing year, and the Trustees were authorized to fix the remuneration of the auditor. Votes cast on this matter were as follows: At the Meeting, a resolution authorizing the issuance and delivery of $3,592,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures of the Trust due December 31, 2027 to Dream Asset Management Corporation ("DAM"), the asset manager of the Trust, in satisfaction of the base management fees and acquisition fees payable under the management agreement of the Trust in respect of the period from January 1, 2026 to December 31, 2026, as contemplated by a letter agreement originally dated January 7, 2026 was approved by a requisite vote of more than 50% of the votes cast by the unitholders of the Trust at the Meeting, excluding the votes cast by DAM and its associates and affiliates. At the Meeting, a resolution approving certain amendments to the Trust’s deferred unit incentive plan to increase the number of deferred trust units and income deferred trust units of the Trust that may be granted or credited under the plan by a further 500,000 units, was approved by a requisite vote of more than 50% of the votes cast by the unitholders of the Trust. Votes cast on this matter were as follows: About Dream Impact Trust Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities, while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca. View source version on businesswire.com: https://www.businesswire.com/news/home/20260603685540/en/ Contacts Derrick LauChief Financial Officer(416) [email protected] Kim LefeverDirector, Investor Relations(416) [email protected]

MILWAUKEE, May 07, 2026 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the third quarter ended March 31, 2026. For the third quarter ended March 31, 2026, net sales of $2,824,763 were up $43,757, or 1.6%, over $2,781,006 of net sales for the third quarter of the prior year. A net loss of $546,587 was generated for the three months ended March 31, 2026 compared to a net loss of $316,742 for the same period in the prior year. Basic and diluted net loss per common share for the third quarter of fiscal year 2026 was $0.06 compared to basic and diluted net loss per common share of $0.03 for the same three-month period one year ago. Net sales for the nine months ended March 31, 2026 were $9,756,920, up $216,960, or 2.3%, versus net sales of $9,539,960 for the comparable period in the prior year. The net loss of $868,265 for the first nine months of fiscal year 2026 was higher by $226,130 over the net loss of $642,135 for the first nine months of the prior fiscal year. Basic and diluted net loss per common share was $0.09 and $0.07, respectively, for the nine months ended March 31, 2026 and 2025. “Strong sales to our domestic distributors, coupled with a significant custom sale into the Education market earlier in the year, really drove the increase in sales over the prior year. Unfortunately, sales to our European markets have slowed significantly as a result of extended stock replacement cycles driven by broader, economy-wide declines in consumer confidence and reduced sales expectations,” Michael J. Koss, Chairman and CEO, said today. “Direct-to-consumer (DTC) sales have contributed significantly to overall sales growth, achieving a 23% year-over-year increase, and now constitutes the Company’s largest segment.” Koss further stated, “Profitability lagged behind prior year with gross margins falling from 38.4% during the first nine months of the prior year to 35.5% for the comparable period in fiscal year 2026, a decline of 290 basis points. The negative impact of the continued sell-through of inventory manufactured in China and tariffed at the early, higher rates, as well as sales of inventory brought in at higher freight rates, were the main factors behind the margin erosion. A favorable customer mix of higher margin domestic distributor and DTC sales helped to offset some of the adverse impacts.” About Koss Corporation Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones. Forward-Looking Statements This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “aims,” "anticipates," "believes," "estimates," "expects," "intends," "plans," “thinks,” "may," "will," “shall,” "should," “could,” “would,” "forecasts," "predicts," "potential," "continue," or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company’s ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company’s ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company’s products; pricing; the number and nature of customers and their product orders; the Company’s ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with political developments, international trade disputes and restrictions, natural disasters, public health concerns, and other disruptions, including their possible effects on the Company’s operations and its supply chain; trade tensions between the U.S. and China given recently enacted tariffs and their uncertainty; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company’s operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; the Company’s ability to retain and hire key personnel and other risk factors described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 and subsequently filed Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

MILWAUKEE, Wis., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the second quarter ended December 31, 2025. Net sales for the second quarter ended December 31, 2025 were $2,861,379, down $695,707, or 19.6%, from $3,557,086 for the same quarter in the prior year. The company posted a net loss of $565,407 for the three months ended December 31, 2025 versus net income of $94,142 for the same period of the prior fiscal year. Basic and diluted net loss per common share for the second quarter of fiscal year 2026 was $0.06 compared to basic and diluted net income per common share of $0.01 for the same three-month period one year ago. For the six months ended December 31, 2025, net sales of $6,932,157 were up $173,203, or 2.6%, over net sales of $6,758,954 for the comparable period in the prior year. The net loss of $321,678 for the first six months of fiscal year 2026 was comparable to the net loss of $325,393 for the first six months of the prior fiscal year. Basic and diluted net loss per common share was $0.03 for each of the six-month periods ended December 31, 2025 and 2024. “While the Company experienced strong sales gains in the Education market for the first two quarters of fiscal year 2026 compared to the prior year, the growth was mostly offset by the prior year’s sales uplift in our European markets resulting from new product launches that didn’t recur in this fiscal year,” Michael J. Koss, Chairman and CEO, said today. “The Company’s direct-to-consumer (DTC) business, which now makes up approximately 25% of the Company’s total sales, experienced growth of 13% year-over year.” Koss stated, “Gross margins fell by 260 basis points, from 38.1% in the first six months of fiscal year 2025 to 35.5% for the comparable period in fiscal year 2026. The current year margin degradation was primarily due to the sell-through of product purchased from China when tariffs were at a peak rate of 145%. A favorable customer mix, which included higher volumes of higher margin domestic distributor and DTC sales, offset some of the negative impact of the tariffs.” About Koss Corporation Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones. Forward-Looking Statements This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “aims,” "anticipates," "believes," "estimates," "expects," "intends," "plans," “thinks,” "may," "will," “shall,” "should," “could,” “would,” "forecasts," "predicts," "potential," "continue," or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company’s ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company’s ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company’s products; pricing; the number and nature of customers and their product orders; the Company’s ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with political developments, international trade disputes and restrictions, natural disasters, public health concerns, and other disruptions, including their possible effects on the Company’s operations and its supply chain; trade tensions between the U.S. and China given recently enacted tariffs and their uncertainty; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company’s operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; the Company’s ability to retain and hire key personnel and other risk factors described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 and subsequently filed Quarterly Reports on Form 10-Q. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

Shares of Koss Corporation KOSS have declined 5.7% since the company reported its earnings for the quarter ended Sept. 30, 2025, underperforming the S&P 500 index, which registered a modest 0.4% decline over the same period. The stock has also seen a steeper drop of 10.1% over the past month, in contrast to the S&P 500’s 2.1% gain, highlighting a period of investor caution despite the company’s return to profitability. For the fiscal first quarter, Koss reported earnings per share (EPS) of 3 cents against a loss of 5 cents per share a year earlier, reflecting better cost discipline and higher-margin sales. The company posted net sales of $4.1 million, a 27.1% increase from $3.2 million in the year-ago quarter. This marks a strong turnaround driven by improved demand dynamics. Net income stood at $0.2 million, a reversal from the net loss of $0.4 million reported in the same period last year. Koss Corporation price-consensus-eps-surprise-chart | Koss Corporation Quote The company’s gross profit surged to $1.6 million from $1.2 million a year ago, with gross margin expanding 340 basis points to 40% from 36.6%. This improvement was primarily attributed to a favorable shift in the customer and market mix, led by increased sales in the direct-to-consumer (DTC) channel. Selling, general and administrative (SG&A) expenses were $1.7 million, down from $1.8 million in the prior-year quarter, contributing to a reduction in operating losses. The company narrowed its operating loss significantly to $0.05 million from $0.6 million last year. Interest income also improved, increasing to $0.3 million from $0.2 million, helping to lift overall profitability. Chairman and CEO Michael J. Koss credited the revenue growth to a large order from the company’s biggest Education sector customer and a 22.5% rise in DTC sales. The latter was buoyed by the launch of new products and updated colorways for existing models. While European sales declined due to delayed orders from key distributors, strong performance in Asian markets helped mitigate some of that shortfall. Koss also highlighted the positive impact of higher DTC sales on margins, which tend to carry better profitability than traditional retail or wholesale channels. However, he cautioned that the company faced margin pressure from high-tariff inventory, specifically on goods produced in China subject to a 145% tariff rate. The impact was partially offset by improved absorption of fixed manufacturing costs and lower provisions for excess or obsolete inventory. The recovery in profitability can be traced to multiple drivers. A key factor was the strategic focus on expanding the DTC segment, which not only increased top-line growth but also improved gross margin structure. Operational efficiencies further contributed, with SG&A expense reductions enhancing cost control. However, tariff-related challenges remain a concern. Koss noted the ongoing monitoring of the U.S.-China tariff environment, emphasizing its material effect on operations due to the company's sourcing dependencies. This external risk could weigh on future margins if tariffs persist or increase. During the quarter, Koss Corporation announced the promotion of Michael J. Koss, Jr. to executive vice president. His expanded role now includes oversight of the sourcing and logistics teams, in addition to his existing responsibilities in Marketing and Product. This move underscores the company’s focus on strengthening leadership around product innovation and operational execution. Koss Jr. has also played a key role in direct-to-consumer growth and intellectual property enforcement initiatives. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Koss Corporation (KOSS): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

MILWAUKEE, Wis., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the first quarter ended September 30, 2025. For the three months ended September 30, 2025, net sales of $4,070,778 were $868,910, or 27.1%, higher compared to $3,201,868 for the same three-month period in the prior year. Net income of $243,729 for the quarter ended September 30, 2025 compared favorably to a net loss of $419,535 for the first quarter of the prior fiscal year. Both basic and diluted net income per share for the three months ended September 30, 2025 were $0.03 compared to basic and diluted net loss per common share for the first quarter of the prior fiscal year of ($0.05). “A considerable sale to our largest Education market customer, together with a 22.5% growth in sales in our direct-to-consumer (DTC) business, led the way to the overall first quarter sales success. While sales to Europe declined year-over-year, due mainly to our two largest distributors pushing re-orders to next quarter, sales to the Asian markets came in strong, making up some of the export shortfall,” Michael J. Koss, Chairman and CEO, said today. “DTC sales benefitted from new product launches in addition to new colorways of products launched in the prior fiscal year.” Koss went on to note that gross margins improved by 340 basis points in the first three months of fiscal year 2026 compared to the same period last year, moving from 36.6% to 40.0%, primarily due to a favorable customer and market mix, namely a higher volume of higher margin DTC sales. Additionally, Koss stated, “While the Company experienced an adverse impact on gross margins related to the sale of product brought in at the highest 145% tariff on China-produced goods, higher absorption of fixed manufacturing costs and a reduction in the amount of reserve added for excess and obsolete inventory when compared to the first quarter in the prior fiscal year provided some offset. As an increase in tariffs could have a significant impact on the Company’s operations due to the Company’s reliance on products coming from China, the Company continues to closely monitor the tariff landscape and will act accordingly to minimize negative effects. The Company also announced the promotion of Michael J. Koss, Jr. to Executive Vice President, in recognition of his significant contributions to the creation of new products, the growth of the Company’s direct to consumer segment, and his leadership in the enforcement actions related to the firm’s patented intellectual property. Mr. Koss will continue in his current role in Marketing and Product and add oversight of the sourcing and logistics team to his portfolio. About Koss Corporation Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones. Forward-Looking Statements This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “aims,” "anticipates," "believes," "estimates," "expects," "intends," "plans," “thinks,” "may," "will," “shall,” "should," “could,” “would,” "forecasts," "predicts," "potential," "continue," or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as general economic conditions, inflationary cost environment, supply chain disruption, the impacts of public health events, such as pandemics, geopolitical instability and war, consumer demand for the Company's and its customers' products, competitive and technological developments, foreign currency fluctuations, and costs of operations. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.

MILWAUKEE, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Koss Corporation (NASDAQ: KOSS) (the “Company”), the U.S. based high-fidelity headphone company, has reported its results for the fourth quarter and fiscal year ended June 30, 2025. 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. Both basic and diluted loss per common share for the quarter ended June 30, 2025 were $0.02, compared to basic and diluted loss per common share of $0.01 for the same quarter one year ago. “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. 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. “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.” For the year ended June 30, 2025, sales of $12,624,170 were $359,101, or 2.9%, higher than the prior year sales of $12,265,069. A net loss of $874,831 for fiscal year 2025 was slightly lower than the net loss of $950,911 recorded in the prior fiscal year. Both basic and diluted loss per common share for fiscal year 2025 were $0.09 compared to basic and diluted loss per common share of $0.10 for the previous year. “Our full fiscal year sales saw slight growth over the previous year mainly from improved sales to our European customers, with an assist from higher sales to original equipment manufacturers in our Asian markets and various new customers in the region. Export gains were partially offset by lower sales to our domestic distributors and e-tailers, as well as to the education sector due to a delay in an order awaiting budget approval. An uptick of 16.5% in DTC sales, now nearly a quarter of the Company’s sales, also contributed to the overall year over year growth mainly due to the new product launches, increased online advertising and webpage optimizations,” Koss said. “A favorable sales mix, along with sales of higher margin new products, yielded an improved gross margin in the current fiscal year. However, we anticipate headwinds from newly imposed tariffs on goods from China that will have an adverse impact on margins as the inventory sells through. We expect freight costs to stabilize next quarter with our dedicated freight partner.” About Koss Corporation Koss Corporation markets a complete line of high-fidelity headphones, wireless Bluetooth® speakers, computer headsets, telecommunications headsets, active noise canceling headphones, and wireless headphones. Forward-Looking Statements This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "may," "will," "should," “could,” “would,” “shall,” "forecasts," "predicts," "potential," "continue," “seeks,” “goal,” “projects” or the negative of such terms and other comparable terminology. These statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties. Actual events or results may differ materially. In evaluating forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as continued future fluctuations in economic conditions; the Company’s ability to successfully develop new products and assess potential market opportunities; the receptivity of consumers to new consumer electronics technologies; the Company’s ability to successfully and profitably market its products; the rate and consumer acceptance of new product introductions; the amount and nature of competition for the Company’s products; pricing; the number and nature of customers and their product orders; the Company’s ability to meet demand for products; production by third party vendors; foreign manufacturing, sourcing, and sales (including foreign government regulation, trade and importation concerns); uncertainties associated with the pandemics and other health crises or natural disasters, including their possible effects on the Company’s operations and its supply chain; trade tensions between the U.S. and China given recently enacted tariffs and their uncertainty; the impact of the ongoing conflict in Eastern Europe and the instability in the Middle East on the Company’s operations; the effects of any judicial, executive or legislative action affecting the Company or the audio/video industry; borrowing costs; changes in tax rates; volatility in the price and trading volume of our common stock; the outcome of any litigation, government investigations, enforcement actions or other legal proceedings; the Company’s ability to retain and hire key personnel and other risk factors described in the Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operations sections in this Form 10-K. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances or new information. In addition, such uncertainties and other operational matters are discussed further in the Company's quarterly and annual filings with the Securities and Exchange Commission.