Jushi Holdings Q4 revenue beats estimates, helped by new store openings

Jushi Holdings

31/03/2026 21:09

Overview

U.S. cannabis operator's Q4 revenue rose 3.8% yr/yr, beating analyst expectations

Net loss for Q4 widened to $15.6 mln

Outlook

Company says focus in 2026 remains on disciplined execution and capital allocation

Jushi says it is positioned to participate in Virginia adult-use cannabis market if approved

Result Drivers

RETAIL EXPANSION - Revenue growth was primarily driven by new store openings, especially in Ohio and Virginia, with increased units sold offsetting flat average prices

CULTIVATION IMPROVEMENTS - Higher production volumes and improved product quality at grower-processor facilities contributed to stronger gross margins

PRICING PRESSURE - Continued competitive pricing and increased promotional activity limited revenue growth and pressured margins

Company press release: ID:nGNX95sMQF

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$68.3 mln
$67.50 mln (3 Analysts)
Q4 Net Income
-$15.6 mln
Q4 Operating Expenses
$27.8 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy"

Wall Street's median 12-month price target for Jushi Holdings Inc is C$1.80, about 195.1% above its March 30 closing price of C$0.61

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.)