Spur Tree Spices is reporting lower fourth-quarter revenue after Hurricane Melissa severely disrupted agricultural production, but the company still delivered stronger full-year profits.
Revenue for the October to December quarter fell 8.5 per cent to $421 million, down from $461 million a year earlier. The decline was mainly due to reduced production and sales of ackee, one of the company's key revenue drivers.
Management says Hurricane Melissa damaged major ackee-producing areas in western and central Jamaica, destroying crops and interrupting harvesting during what is normally the peak season. Callaloo production was also affected.
Despite the disruption, fourth-quarter net profit edged up to $28.8 million, slightly above last year's figure. Earnings per share rose 34 per cent to 7.8 cents.
For the full year ended December 2025, revenue climbed 11 per cent to $1.74 billion. Gross profit increased 4.4 per cent to $495 million, while net profit jumped 34 per cent to $130.8 million.
Spur Tree says investments in farming operations, advanced processing, and storage of raw materials helped to protect its seasonings and sauces segment and maintain production continuity despite supply chain shocks.
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