Core Viewpoint - Jewett-Cameron Trading Company Ltd. reported a 10% increase in total revenue for Q2 2025 compared to Q2 2024, driven by growth in metal fence products and strategic initiatives to enhance visibility and accessibility of its products in retail stores [4][6]. Operational Highlights - The company achieved a 65% sequential growth in the installation of Lifetime Steel Post (LTP) displayers in The Home Depot and Lowe's stores, enhancing product visibility for consumers [3][4]. - New product offerings were introduced, including the Adjust-A-Gate Unlimited, which emphasizes adaptability and customization for gate construction [4]. - The expansion of MyEcoWorld products into 59 Tops Friendly Markets marks a significant step towards sustainability [4]. - Strategic sourcing initiatives have reduced dependence on a single supplier in China, potentially mitigating tariff impacts [3][4]. Financial Results - Revenue for Q2 2025 was $9.1 million, up from $8.2 million in Q2 2024, with notable sales growth in metal fencing products [6][18]. - Gross profit margins decreased to 20.1% in Q2 2025 from 25.1% in Q2 2024, attributed to a less favorable product mix and increased logistics costs [7]. - Operating expenses decreased to $2.6 million in Q2 2025 from $2.8 million in Q2 2024 due to operational efficiencies [8]. - The net loss for Q2 2025 was $(0.6) million, or $(0.16) per share, compared to a net loss of $(0.5) million, or $(0.15) per share in Q2 2024 [8][19]. Asset Management - The company listed an 11.6-acre property in Hillsboro, Oregon for sale or lease at a price of $9 million, with a book value of $566,022 [10][16]. Investor Relations - The company has initiated quarterly conference calls and updated its NASDAQ trading symbol to enhance investor communication and awareness [4][11].
Jewett-Cameron Reports Fiscal 2025 Second Quarter Operational and Financial Results