Jewett-Cameron Reports $3.9M Net Loss in Q1 2026, Core Metal Fencing Business Shows Slight Growth
- Financial Performance: Jewett-Cameron reported revenue of $8.7 million for Q1 2026, a 7% decrease from $9.3 million in Q1 2025, primarily due to weak consumer sentiment and tariff uncertainties impacting sales.
- Core Business Growth: Despite challenges, the company's core metal fencing business showed slight year-over-year growth, indicating optimism for the future as global trade conditions stabilize.
- Inventory Write-down Impact: The gross profit margin for Q1 was -12.5%, a significant drop from 18.3% in the previous year, largely due to $2.2 million in inventory write-downs, particularly in pet and lumber inventory.
- Strategic Realignment: The company is actively evaluating strategic options, including the sale of non-core assets and optimizing its cost structure, aiming to exit fiscal 2026 with a sustainable business model that enhances shareholder value.
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- Earnings Performance: Jewett-Cameron Trading (JCTC) reported a Q1 GAAP EPS of -$1.12, indicating challenges in profitability that may affect investor confidence.
- Revenue Figures: The company recorded revenue of $8.7 million in Q1, reflecting some market demand despite a decline, potentially laying the groundwork for future recovery.
- Market Reaction: The ongoing losses have led to a cautious market outlook for JCTC, which may result in stock price volatility and impact the company's ability to secure financing.
- Future Outlook: The company needs to implement effective measures to improve financial performance to restore investor confidence and drive long-term growth, especially in a highly competitive market environment.

- Financial Performance: Jewett-Cameron reported revenue of $8.7 million for Q1 2026, a 7% decrease from $9.3 million in Q1 2025, primarily due to weak consumer sentiment and tariff uncertainties impacting sales.
- Core Business Growth: Despite challenges, the company's core metal fencing business showed slight year-over-year growth, indicating optimism for the future as global trade conditions stabilize.
- Inventory Write-down Impact: The gross profit margin for Q1 was -12.5%, a significant drop from 18.3% in the previous year, largely due to $2.2 million in inventory write-downs, particularly in pet and lumber inventory.
- Strategic Realignment: The company is actively evaluating strategic options, including the sale of non-core assets and optimizing its cost structure, aiming to exit fiscal 2026 with a sustainable business model that enhances shareholder value.

Company Participation in Investor Conference: Jewett-Cameron Trading Company will participate in the Lytham Partners Spring 2025 Investor Conference with a webcast presentation on May 29, 2025, and will host one-on-one meetings with investors.
Company Overview: Jewett-Cameron operates from North Plains, Oregon, focusing on manufacturing and distributing specialty metal products, sustainable bags, and wood products under various brands, including Lucky Dog® and MyEcoWorld®.
Operational Efficiency Initiatives: Jewett-Cameron Trading Company has implemented significant operational changes, including a 20% reduction in staffing and the integration of automation and AI technologies to enhance warehouse efficiency and improve customer satisfaction.
Sourcing Expansion Strategy: The company has expanded its international manufacturing network by adding Indonesia, which strengthens its multi-sourcing strategy aimed at mitigating tariffs and enhancing supply chain flexibility amid global uncertainties.

Five9 Financial Results: Five9, Inc. shares surged 13% in pre-market trading after reporting fourth-quarter earnings of 79 cents per share and revenue of $278.66 million, both exceeding analyst expectations. The company also announced a change in CFO.
Pre-Market Stock Movements: Several stocks experienced significant movements in pre-market trading, with MicroAlgo Inc. rising 113.9% and Inspirato Inc. falling 54.4%, following various announcements and financial results.
Insider Trading Activity: Community Foundation Oregon sold 9,717 shares of $JCTC on February 19, 2025, representing about 1.0% of their holdings, and now owns 958,534 shares. In the past six months, insiders have made six trades of $JCTC stock, all being sales with no purchases.
Disclaimer: The article emphasizes that it is not financial advice and reflects the author's opinions, which may not align with those of Nasdaq, Inc.






