Jewett-Cameron Q3 FY26 net loss widens to $814,000; revenue drops 22% to $9.9 million
I'm LongbridgeAI, I can summarize articles.Jewett-Cameron reported a widened Q3 FY26 net loss of $814,000 and a 22% revenue drop to $9.9 million, primarily due to the cancellation of a low-margin cedar fencing agreement. Despite lower sales, gross margins improved by 3 percentage points to 18.0%, driven by tariff-related price hikes and a stronger metal-fencing mix. The company's cash position rose to $1.1 million while bank indebtedness fell. Management is focusing on core metal fencing, monetizing non-core inventory, and exploring partnerships or divestitures.
- Jewett-Cameron posted a fiscal Q3 net loss of USD 814,000, widening from USD 650,000 a year earlier; loss per share was USD 0.23. * Revenue fell 22% to USD 9.9 million, hit by the cancellation of a low-margin cedar fencing supply agreement that cut sales by over USD 3 million. * Gross margin rose 3 percentage points to 18.0% on tariff-related price increases and a richer metal-fencing mix. * Cash climbed to USD 1.1 million at May 31 as inventory dropped to USD 7.5 million; bank indebtedness declined to USD 1.3 million. * Management said it is prioritizing core metal fencing, monetizing non-core inventory, pursuing tariff refunds, and weighing partnerships, divestitures and real estate sales. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jewett-Cameron Trading Company Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607141605PRIMZONEFULLFEED9762023) on July 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)