Jamieson Wellness Inc (TSX:JWEL)
C$ 33.91 0.58 (1.74%) Market Cap: 1.41 Bil Enterprise Value: 1.72 Bil PE Ratio: 40.87 PB Ratio: 3.18 GF Score: 89/100

Q2 2023 Jamieson Wellness Inc Earnings Call Transcript

Aug 03, 2023 / 09:00PM GMT
Release Date Price: C$30.37 (+0.96%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the Jamieson Wellness Second Quarter 2023 Financial Results Conference Call. (Operator Instructions) This call is being recorded on Thursday, August 3, 2023. I would now like to turn the call over to Mike Pilato, President and Chief Executive Officer. Please go ahead.

Michael Pilato
Jamieson Wellness Inc. - President, CEO & Director

Thank you, Daryl, and good afternoon, everyone. Thanks for taking the time to join us to discuss our latest results. I'll begin with some high-level comments about the quarter and provide an overview of our key strategic initiatives. Chris will then follow with a more detailed view of the financials and provide updates on our guidance. We will then open it up for questions.

In the second quarter, we continued to execute on our growth strategy and leverage our global platform to deliver another solid quarter. Total revenue increased nearly 50% to $168 million, reflecting 52% growth in our Jamieson Brands segment and 43% growth in our Strategic Partners segment.

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