Jewett-Cameron Q3 2025 Earnings Call Transcript: CEO and CFO Discuss Third Quarter Results

Jewett-Cameron Trading Company Ltd reported its Q3 2025 earnings results, with a conference call featuring CEO Chad Summers and CFO Mitch Van Domelen. The company's financial results for the period ended May 31, 2025, will be discussed during the call, followed by a question and answer session.

Jewett-Cameron Trading Company Ltd. (Nasdaq: JCTC) has released its financial results for the third quarter of fiscal 2025, which ended on May 31, 2025. The company's earnings report highlighted the impact of tariffs and supply chain disruptions on its operations and financial performance. The company's CEO, Chad Summers, and CFO, Mitch Van Domelen, will be discussing these results during a conference call scheduled for July 14, 2025.

Key Highlights:

1. Revenue Decline: Total revenue decreased by 21% in Q3 2025 compared to Q3 2024, driven by uncertainty surrounding tariffs and interruptions in wood lumber purchases. Despite this, sales of Lifetime Steel Posts® (LTP) products grew by 85% compared to the previous quarter, with over 422 displayers installed at The Home Depot and Lowe’s stores.

2. Tariff Impact: Tariffs on Chinese goods, originally at a 25% rate, increased further in 2025, affecting the company's metal and pet solutions. Steel and aluminum imports were subject to a 50% tariff rate starting June 4, 2025, leading to higher costs and delivery uncertainties. The company has diversified its suppliers and implemented cost optimization initiatives to mitigate these impacts.

3. Financial Results:
- Revenue: $12.6 million (compared to $15.9 million in Q2 2024)
- Gross Profit Margin: 15.0% (down from 18.6% in Q3 2024)
- Operating Expenses: $2.6 million (down from $2.9 million in Q3 2024)
- Net Loss: $(0.6) million (compared to net income of $0.2 million in Q3 2024)

4. Operational Changes: The company implemented a 20% reduction in personnel in Q3 2025 to enhance operational efficiencies and realign headcount to new business processes.

5. Future Outlook: The company expects tariff negotiations to provide a pathway to more normalized customer purchasing patterns, which will highlight its initiatives to drive efficiencies and position Jewett-Cameron for growth.

Conference Call Details:
- Date and Time: July 14, 2025, at 4:30 p.m. Eastern time
- Webcast Information: Accessible live and archived at [https://app.webinar.net/DwQGzaQz13J](https://app.webinar.net/DwQGzaQz13J) and on the Investors section of the Company's website at [https://jewettcameron.com/pages/investor-relations](https://jewettcameron.com/pages/investor-relations).

About Jewett-Cameron Trading Company Ltd.: The company is a trusted provider of innovative, high-quality products that enrich outdoor spaces. Its business includes the manufacturing and distribution of specialty metal and sustainable bag products, as well as the wholesale distribution of wood products.

References:
[1] https://finance.yahoo.com/news/jewett-cameron-reports-fiscal-2025-200500901.html