Picture of Jamieson Wellness logo

JWEL — Jamieson Wellness News Story

0.000.00%
ca flag iconLast trade - 00:00
Consumer DefensivesConservativeMid CapHigh Flyer

Brief: Jamieson Wellness Q2 Adjusted EPS CAD 0.4

Overview

Jamieson Wellness Q2 revenue rises 7.7%, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus

Co announces 9.5% increase in quarterly dividend, indicating confidence in future prospects

Outlook

Jamieson Wellness sees 2025 revenue between C$800 mln and C$840 mln

Company expects adjusted EBITDA to range from C$157 mln to C$163 mln

Jamieson Brands China revenue forecasted to grow 30% to 40%

Strategic Partners segment revenue expected between C$105 mln and C$116 mln

Result Drivers

BRANDED REVENUE GROWTH - Nearly 14% growth in branded revenue driven by global demand and strategic execution, per CEO Mike Pilato

CHINA PROMOTION - 6/18 campaign in China achieved 73% growth over prior year, fueled by brand awareness and influencer programs

INNOVATION AND PARTNERSHIPS - New product launches and e-commerce partnerships boosted youtheory and international market performance

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeatC$199.11 mlnC$196.50 mln (5 Analysts)
Q2 Adjusted EPSBeatC$0.4C$0.36 (3 Analysts)
Q2 Adjusted Net IncomeC$17.27 mln
Q2 Adjusted EBITDAC$35.10 mln
Q2 Gross Margin40.6%
Q2 Gross ProfitC$80.81 mln
Q2 Operating Margin11.7%
Q2 Pretax ProfitC$19.21 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the food processing peer group is "buy" Wall Street's median 12-month price target for Jamieson Wellness Inc is C$42.00, about 17.3% above its August 6 closing price of C$34.73 The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago Press Release: ID:nBw7Sgp5wa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Jamieson Wellness

See all news