Jamieson Wellness (TSE:JWEL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Jamieson Wellness Inc. has reported a robust first quarter in 2024, with a strong 37% revenue growth in the U.S. and a significant 80.2% in China, reflecting the successful implementation of its strategic growth plan. Despite a 5-week labor disruption at its Windsor manufacturing facility affecting shipments, the company maintained strong consumer demand and is on track with its full-year guidance, projecting 11%-15% revenue growth in the first half of the year. Jamieson continues to focus on brand building and innovation, particularly in its key markets of the U.S., China, and Canada.
For further insights into TSE:JWEL stock, check out TipRanks’ Stock Analysis page.