Jamieson Wellness (TSE:JWEL) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Jamieson Wellness Inc. reported robust financial results for 2023, with an impressive 23.5% revenue growth signifying the successful execution of its global strategy, particularly in Canada, the U.S., and China. The company saw record Canadian consumer consumption in Q4 and achieved significant strides in international markets by doubling its branded revenue from outside Canada compared to three years ago. Heading into 2024, Jamieson Wellness is confident in its growth prospects, planning to invest in innovation and distribution to further expand its market share and margins globally.
For further insights into TSE:JWEL stock, check out TipRanks’ Stock Analysis page.