Canada's Jamieson Wellness Q1 revenue rises

Jamieson Wellness

07/05/2026 22:13

Overview

Canada vitamins and supplements maker's Q1 revenue rose 16%, beating analyst expectations

Adjusted diluted EPS for Q1 beat consensus

Growth driven by strong China performance and continued demand in Canada and U.S.

Outlook

Company maintains fiscal 2026 revenue outlook of C$895 mln to C$935 mln

Company expects 2026 adjusted EBITDA of C$174 mln to C$181 mln

Company sees 2026 adjusted diluted EPS of C$2.08 to C$2.21

Result Drivers

CHINA PERFORMANCE - Co said targeted marketing and locally relevant innovation drove China revenue up 55% in Q1, with increased brand loyalty across digital platforms

CANADA DEMAND - Growth in Canada was led by continued strength in immunity, sleep and stress categories, supported by quality-focused marketing campaign

U.S. E-COMMERCE - Co said expansion of youtheory brand in e-commerce channels and continued demand for hero products in key retailers drove U.S. growth

Company press release: ID:nBw4ZZrsda

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
C$169.75 mln
C$162.55 mln (5 Analysts)
Q1 Adjusted EPS
Beat
C$0.17
C$0.13 (5 Analysts)
Q1 Adjusted Net Income
C$7.42 mln
Q1 Adjusted EBITDA
C$22.43 mln
Q1 Gross Margin
40.70%
Q1 Gross Profit
C$69.09 mln
Q1 Operating Margin
8.30%
Q1 Pretax Profit
C$10.33 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$45.00, about 33.5% above its May 6 closing price of C$33.72

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)