Increased Revenue and Store Presence
Revenue for Q2 2025 was $9.1 million, up from $8.2 million in Q2 2024. The company exceeded its target by getting Lifetime Steel Post displayers into over 330 Home Depot and Lowe's stores, a 65% increase from three months prior.
Supply Chain Strategy Success
Jewett-Cameron's multi-sourcing strategy has reduced dependence on a single supplier, offering competitive pricing and lessening tariff impacts. The initiative began in 2023 and has been crucial amidst changing tariff policies.
Growth in Sustainable Products
The transition to MyEcoWorld sustainable bag products, including new grocery channel adoption and success in Mexico, has been strong, driven by online sales and a new line of recycled plastic dog waste bags.
Greenwood Segment Growth
Sales at Greenwood increased 31% for the current quarter to $1.1 million from $0.9 million in Q2 of 2024, partially due to tariff uncertainty.
Improved Inventory Management
Inventory balances were reduced by 23% to $14.9 million at February 28, 2025, from $17.6 million at February 29, 2024.