Jewett-Cameron Q3 FY26 net loss widens to $814,000; revenue drops 22% to $9.9 million

• Jewett-Cameron posted a fiscal Q3 net loss of USD 814,000, widening from USD 650,000 a year earlier; loss per share was USD 0.23.
• Revenue fell 22% to USD 9.9 million, hit by the cancellation of a low-margin cedar fencing supply agreement that cut sales by over USD 3 million.
• Gross margin rose 3 percentage points to 18.0% on tariff-related price increases and a richer metal-fencing mix.
• Cash climbed to USD 1.1 million at May 31 as inventory dropped to USD 7.5 million; bank indebtedness declined to USD 1.3 million.

Management said it is prioritizing core metal fencing, monetizing non-core inventory, pursuing tariff refunds, and weighing partnerships, divestitures and real estate sales.