Jewett-Cameron streamlines operations, expands sourcing

Published 23/04/2025, 21:14
Jewett-Cameron streamlines operations, expands sourcing

NORTH PLAINS, Ore. - Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTC), a provider of outdoor products with a market capitalization of $13.65 million, has announced a strategic move to enhance operational efficiency and expand its global sourcing network. According to InvestingPro data, the company’s stock has declined nearly 29% over the past year, though analysis suggests it may be undervalued at current levels. The company has reduced staffing by 20% and integrated automation across its warehouse operations, aiming to improve its supply chain amid global tariff uncertainties and reverse an 8% year-over-year revenue decline.

The operational changes, which took place in the third fiscal quarter of 2025, are part of Jewett-Cameron’s efforts to adapt to a changing economic landscape. While the company maintains a strong liquidity position with a current ratio of 5.84 and more cash than debt on its balance sheet, these initiatives aim to improve profitability. By incorporating upgraded technology such as scanners and QR codes, the company expects to expedite processes like receiving, cycle counting, and shipping, while also improving accuracy from supplier to customer. For deeper insights into JCTC’s financial health and operational metrics, InvestingPro subscribers can access comprehensive analysis and additional ProTips.

Artificial Intelligence (AI) is set to further refine the company’s forecasting, demand planning, and stocking strategies, with the goal of boosting cash flow and customer satisfaction. CEO Chad Summers emphasized that these changes are designed to increase productivity and reduce costs without sacrificing quality or service.

In addition to these internal improvements, Jewett-Cameron has also expanded its international manufacturing sources by adding Indonesia to its network. This move is part of a multi-sourcing strategy initiated in 2023 to mitigate tariff risks and enhance supply chain resilience. The strategy now includes suppliers from Vietnam, Malaysia, Bangladesh, Taiwan, and Indonesia.

Summers stated that the expansion into Indonesia will increase flexibility and strengthen the company’s competitive position in the face of tariff impacts. These initiatives are part of a broader plan to improve shareholder value through disciplined execution and a lean operating model, setting a foundation for long-term profitable growth.

Jewett-Cameron Trading Company Ltd. manufactures and distributes a range of specialty metal and sustainable bag products, as well as wood products for various outdoor applications. Its brands cover a spectrum of outdoor space solutions, including pet products, fencing, and greenhouses.

The information in this article is based on a press release statement from Jewett-Cameron Trading Company Ltd.

In other recent news, Jewett Cameron Trading Company Ltd. reported a net loss of $600,000 for the second quarter of fiscal year 2025, a stark contrast to the net income of $500,000 reported in the same period last year. Despite this loss, the company experienced an 11% increase in revenue year-over-year, reaching $9.1 million. The company has been actively launching new products and expanding its retail presence, which may have contributed to investor optimism. Jewett Cameron is focusing on growth drivers such as product innovation and supply chain efficiency, with a particular emphasis on its Lifetime Steel Post and Myeco World products.

Additionally, Jewett Cameron is considering monetizing its seed facility property, listed for $9 million, which could provide a significant financial boost. The company also reported a decrease in gross margins to 20.1%, down from 25.1% the previous year, due to a shift in sales mix and the cost of new in-store display units. Analysts have not provided any recent upgrades or downgrades for the company’s stock. The company is addressing challenges such as declining gross margins and low cash reserves while continuing to pursue strategic initiatives to enhance shareholder value.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.