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
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
C$199.33 mln
C$188.45 mln (4 Analysts)
Q3 Adjusted EPS
Beat
C$0.41
C$0.39 (3 Analysts)
Q3 Adjusted Net Income
C$17.68 mln
Q3 Adjusted EBITDA
C$37.97 mln
Q3 Gross Margin
41.90%
Q3 Gross Profit
C$83.62 mln
Q3 Operating Margin
14.60%
Q3 Pretax Profit
C$21.89 mln
Press Release: ID:nBw6S63Pna
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(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.)