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JWEL — Jamieson Wellness News Story

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Jamieson Wellness Q3 revenue beats expectations on China growth

Overview

Jamieson Q3 revenue grows 13.2% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting effective marketing and product innovations

Company reports strong growth in China and Middle East, driven by digital marketing and distribution gains

Outlook

Jamieson Wellness sees 2025 revenue of C$810 mln to C$830 mln

Company expects 2025 Adjusted EBITDA of C$158 mln to C$162 mln

Jamieson Brands segment revenue to rise 12.9% to 15.3% in 2025

Result Drivers

CANADA MARKETING - Marketing campaign highlighting product quality and Canadian origin boosted consumer trust and sales

CHINA DIGITAL STRATEGY - Successful digital marketing and influencer partnerships drove over 60% revenue growth in China

MIDDLE EAST EXPANSION - International growth led by new distribution and high consumer engagement in the Middle East

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeatC$199.33 mlnC$188.45 mln (4 Analysts)
Q3 Adjusted EPSBeatC$0.41C$0.39 (3 Analysts)
Q3 Adjusted Net IncomeC$17.68 mln
Q3 Adjusted EBITDAC$37.97 mln
Q3 Gross Margin41.90%
Q3 Gross ProfitC$83.62 mln
Q3 Operating Margin14.60%
Q3 Pretax ProfitC$21.89 mln
Press Release: ID:nBw6S63Pna For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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