Despite a revenue decline, Jewett-Cameron Trading Co Ltd (JCTC) strengthens its financial position through inventory reduction and strategic focus on core business growth.

Chad Summers: Well, good afternoon, and thank you for joining us today. First, our metal fence business showed year-over-year growth, albeit small, for the first quarter. This is despite the challenges of tariffs and continuing negative consumer sentiment throughout the year.

Jewett-Cameron Trading Co Ltd (JCTC) reports a 16% revenue increase in Q2 2026, despite facing challenges from declining gross margins and ongoing cost pressures.

Chad Summers: Thank you, Robert, and good afternoon. As I stated in the press release, we began fiscal 2025 with a positive outlook and a focus on continuing to increase sales, improve margins, lower costs, introduce innovative products and monetize surplus assets. Specifically, our metal fence business was on a clear growth trajectory, resulting in first half 2025 revenue growth compared to the first half of 2024.

Despite a revenue dip, Jewett-Cameron Trading Co Ltd (JCTC) focuses on operational efficiency and strategic pricing to bolster future growth.

Before we begin with our prepared remarks, please note that statements made by the management team of Jewett-Cameron during the course of this conference call may contain forward looking statements within the meaning of U.S. Securities laws. Listeners are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those identified in the forward-looking statements as a result of various factors and other risks identified in the Company's 10-K for the fiscal year ended August 31, 2024 and other filings made with the Securities and Exchange Commission.

Robert Blum: Thank you very much, Nick, and thank all of you for joining us to discuss, as the operator indicated, Jewel Cameron's fiscal year twenty five third quarter financial results, and this is for the period ended 05/31/2025. Us on the call representing the company today are Chad Summers, Jewel Cameron's Chief Executive Officer and Mitch Van Domelen, the company's Chief Financial Officer.

Despite revenue setbacks, Jewett-Cameron Trading Co Ltd (JCTC) leverages strategic shifts and innovation in its metal fence business to drive future growth.