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Jewett-Cameron Trading Company (Nasdaq: JCTC) has launched the Adjust-A-Gate® Unlimited, a new low profile complete gate kit. The innovative product features adjustable corner brackets supporting gates up to 72 inches high and 84 inches wide, compatible with both horizontal and vertical designs. The kit includes patent pending anti-sag technology, steel corner brackets, all necessary hardware, and installation guide.
The all-in-one integrated system is offered at a competitive price point compared to other gate kits that require additional components. The product aims to serve both professional contractors and DIY enthusiasts with its straightforward installation process and adaptable design suitable for various architectural styles.
Jewett-Cameron Trading Company reported fiscal 2024 results with Q4 revenue of $13.2 million, down from $14.6 million in Q4 2023. Full-year revenue was $47.1 million compared to $54.3 million in FY 2023. The company experienced growth in pet and fence products, offset by the termination of seed cleaning operations. Net income for FY 2024 was $0.7 million ($0.21 per share) compared to a net loss of $(0.0) million in FY 2023. Cash balance improved to $4.9 million, with no long-term debt. The company implemented strategic initiatives including new supply partnerships and product launches, while listing its 11.6-acre Hillsboro property for $9 million.
Jewett-Cameron (Nasdaq: JCTC) announces it will report its fiscal 2024 full year and fourth quarter operational and financial results after market close on Wednesday, November 20, 2024. The company will host a conference call and webcast the same day at 4:30 p.m. Eastern time, featuring a results review and Q&A session. Interested parties can join via phone at (844) 836-8745 (US) or +1 (412) 317-6797 (international). The webcast will be accessible live and archived on the company's investor relations website. A replay will be available until November 27, 2024.
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