The earnings call presented a mix of positive and negative aspects. While there was notable growth in retail revenue, operational efficiency, and expansion of the brand portfolio, challenges persist in the wholesale segment and cash flow management. The company is strategically positioned for future growth, but faces ongoing regulatory uncertainties.

Company Guidance

During the Jushi Holdings, Inc. Second Quarter 2025 Earnings Conference Call, the company provided detailed guidance on various financial and operational metrics. The revenue for Q2 2025 was reported at $65 million, showing an increase from $63.8 million in Q1 2025 and $64.6 million in Q2 2024. The increase was primarily driven by retail revenue growth in Ohio and Virginia, with retail revenues rising $2.6 million sequentially and $2.4 million year-over-year. Gross profit improved to $28.9 million, representing 44% of revenue, up from 40% in Q1 2025 but down from 50% in Q2 2024. Net loss was reduced to $12.3 million from $17 million in the previous quarter. Adjusted EBITDA saw a sequential increase to $13.7 million from $9.8 million, although it was slightly lower than the $14.5 million reported in Q2 2024. The company also highlighted its strategic retail expansion, aiming to open 10 new stores by early 2026, with notable locations in Ohio and New Jersey. Moreover, Jushi is investing in grower-processor operations in Pennsylvania and Virginia, with plans to increase canopy space by up to 50% in Virginia and 35-45% in Pennsylvania through various phases. The company also emphasized cost management and capital structure improvements, including employee retention credit claims and selling a Nevada dispensary license for $3 million. Additionally, they are closely monitoring regulatory developments in Pennsylvania, Virginia, and at the federal level, which could significantly impact their operations.

Encouraging Revenue Growth

Revenue for Q2 2025 was $65 million, up from $63.8 million last quarter and $64.6 million in Q2 of 2024, driven by increases in retail revenue from Ohio and Virginia.

Improved Gross Profit and Margin

Gross profit for Q2 2025 was $28.9 million or 44% of revenue, an increase from $25.8 million or 40% in Q1 2025, although down from $32.6 million or 50% in Q2 2024.

Reduction in Net Loss

Net loss for Q2 2025 was $12.3 million, an improvement from $17 million last quarter, although higher than the $1.9 million net loss in the prior year.

Retail Expansion Achievements

Six new locations opened since Q4 2024 as part of the retail expansion strategy, with strategic growth in Ohio and plans to enter the New Jersey market.

Operational Efficiency Gains

Labor optimization initiatives led to a 2% increase in headcount despite a 14% increase in store count, demonstrating successful cost management.

Brand and Product Portfolio Expansion

Launch of 602 new product SKUs in Q2 2025 with strong performance from Seche and The Lab brands.

Progress in Virginia's Delivery Operations

Year-over-year delivery sales growth of approximately 40% in HSA-2 and 108% out of HSA-2, with increased patient engagement.

Jushi Holdings (JUSHF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JUSHF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 18, 2025	2025 (Q3)	-0.05 / -	-0.08	―	―	―
Aug 05, 2025	2025 (Q2)	-0.06 / -0.06	-0.01	-500.00% (-0.05)	―	―
May 08, 2025	2025 (Q1)	-0.05 / -0.09	-0.09	0.00% (0.00)	―	―
Mar 06, 2025	2024 (Q4)	-0.04 / -0.06	-0.09	33.33% (+0.03)	―	―
Nov 07, 2024	2024 (Q3)	-0.03 / -0.08	-0.11	27.27% (+0.03)	―	―
Aug 07, 2024	2024 (Q2)	-0.05 / -0.01	-0.07	85.71% (+0.06)	―	―
May 09, 2024	2024 (Q1)	-0.06 / -0.09	-0.06	-50.00% (-0.03)	―	―
Mar 13, 2024	2023 (Q4)	-0.04 / -0.09	-0.83	89.16% (+0.74)	―	―
Nov 14, 2023	2023 (Q3)	-0.06 / -0.11	-0.235	53.19% (+0.12)	―	―
Aug 11, 2023	2023 (Q2)	-0.08 / -0.07	-0.15	53.33% (+0.08)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JUSHF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$0.65	$0.64	-2.31%
May 08, 2025	$0.40	$0.37	-8.42%
Mar 06, 2025	$0.30	$0.29	-2.33%
Nov 07, 2024	$0.39	$0.35	-9.23%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Jushi Holdings (JUSHF) report earnings?

Jushi Holdings (JUSHF) is schdueled to report earning on Nov 18, 2025, Before Open (Confirmed).

What is Jushi Holdings (JUSHF) earnings time?

Jushi Holdings (JUSHF) earnings time is at Nov 18, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is JUSHF EPS forecast?

JUSHF EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.

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