Jewett-Cameron Reports Fiscal 2026 Third Quarter Operational and Financial Results
Jewett-Cameron reported Q3 revenue of $9.9 million, down 22% year-over-year due to the cancellation of a low-margin cedar fencing agreement, while net loss widened to $(814,000) or $(0.23) per share. Despite the top-line decline, gross margins improved to 18.0% from 15.0% a year ago, and the balance sheet strengthened with inventory reduced by over $8 million and bank debt cut to $1.3 million.
Key figures
- Revenue
- 9852338
- Revenue Yoy
- -22%
- Cash
- 1063801
- Bank debt
- 1328270
- Inventory
- 7452636
- Gross margin
- 18.0%
- Greenwood revenue
- 1100000
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