Johnson Outdoors

Johnson Outdoors, Inc. engages in the manufacturing and marketing of seasonal, outdoor recreation products. It operates through the following segments: Fishing, Camping, Watercraft Recreation, Diving, and Other. The Fishing segment includes the brands Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers, and shallow water anchors, Humminbird sonar and GPS equipment for fishfinding, navigation and marine cartography, and Cannon downriggers for controlled-depth fishing. The Camping segment consists of Eureka! Consumer, commercial and military tents and accessories, sleeping bags, camping furniture and stoves and other recreational camping products, and Jetboil portable outdoor cooking systems. The Watercraft Recreation segment designs and markets canoes and kayaks, including pedal-driven and Minn Kota motor-driven kayaks, under the Ocean Kayaks and Old Town brand names for family recreation, touring, angling, and tripping. The Diving segment sells and distributes the SCUBAPRO brand. The company was founded by Samuel Curtis Johnson II in 1970 and is headquartered in Racine, WI.

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Johnson Outdoors reports sales growth but faces profit challenges in Q1 2023

Johnson Outdoors (JOUT) navigated a mixed performance in Q1 2023 with sales growth but profit challenges.
Operational strengths in Fishing contrasted with softening demand in Camping and Watercraft businesses.
The company's focus on innovation and cost management presents opportunities for future growth and efficiency.

Johnson Outdoors reports sales growth and profit increase in Q2

Johnson Outdoors delivered strong sales growth and improved profitability in Q2 2023.
While facing challenges in certain markets, the company's focus on innovation and brand strength remains a key asset.
Strategic adjustments and cost management efforts can position the company for sustained success.

Johnson Outdoors reports mixed Q3 results, focuses on innovation

Johnson Outdoors reported mixed performance in Q3, with sales declining but profits slightly increasing. The company's focus on innovation and market expansion in Fishing and Diving segments highlights strategic strengths.
Challenges lie in softening markets for Camping and Watercraft Recreation, as well as managing operating expenses amidst gross margin improvement. However, opportunities exist in international market growth and sustained innovation for long-term value creation.
By addressing market challenges, leveraging growth opportunities, and maintaining a balance between cost control and innovation, Johnson Outdoors aims to navigate industry dynamics effectively and deliver sustainable growth and profitability.

Johnson Outdoors reports decline in sales but showcases innovation strengths

Johnson Outdoors faced challenges in fiscal 2023 with declining sales, reduced profitability, and high inventory levels, particularly in Camping and Watercraft Recreation segments.
Despite these challenges, the company demonstrated strengths in innovation, cost-saving initiatives, and commitment to long-term growth strategies.
To capitalize on opportunities, Johnson Outdoors should focus on innovation, inventory management, and digital optimization to drive future growth and profitability.
Overall, Johnson Outdoors' performance in fiscal 2023 reflected a mix of challenges, strengths, and opportunities that will shape its strategic direction moving forward.

Johnson Outdoors reports Q1 sales decline, focuses on innovation

Johnson Outdoors faced challenges in Q1 2024 with a 22% decline in sales, driven by high retail inventory levels and slower consumer demand. Despite this, the company is investing in marketing, cost savings, and innovation to drive demand and strengthen brands.
Financially, Johnson Outdoors improved gross margin, decreased operating expenses, and increased inventory balance while maintaining a debt-free balance sheet and strong cash position. The company remains committed to delivering long-term value to shareholders.

Johnson Outdoors addresses challenges with innovation and cost-saving measures

Johnson Outdoors faced a decline in sales and net income in Q2 2024, driven by tough marketplace conditions and increased competition. The company is responding by investing in innovation, marketing, and cost-saving initiatives to drive long-term growth.
Efforts to reduce operating expenses and inventory levels are underway, with a focus on improving efficiency and profitability. Despite challenges, Johnson Outdoors is strategically positioned to capitalize on opportunities through new product launches and strategic investments.

Johnson Outdoors reports Q3 sales decline, focuses on innovation

Johnson Outdoors faced a decline in sales and an operating loss in Q3 2024, driven by low consumer demand for outdoor products. Efforts to reduce costs, innovate, and invest in e-commerce capabilities are key strategies to improve performance.
Despite challenges such as cautious retailers and ongoing inventory reduction, the company's lack of debt provides opportunities for strategic investments. Leveraging strengths in operational efficiency and product development can drive future growth.

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JOUT benefits from cost-saving efforts and profitable investments. However, soft demand patterns and high costs are concerning.

Here's Why Investors Must Retain Johnson Outdoors Stock for Now

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RACINE, Wisc., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced approval by its Board of Directors of a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share.

Johnson Outdoors Announces Cash Dividend

Dublin, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The "U.S. Camping and Hiking Gear Market Size, Share & Trends Analysis Report by Product (Tents & Shelters, Sleeping Bags/ Airbeds), Price Range, Distribution Channel, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. camping and hiking gear market size was estimated to reach USD 11.45 billion in 2030 and is expected to grow at a CAGR of 4.2% from 2024 to 2030

U.S. Camping and Hiking Gear Market Report 2024-2030 Featuring The North Face, Coleman, Johnson Outdoors, Cascade Designs, Osprey Packs, and Exxel Outdoors

Johnson Outdoors Inc. (NASDAQ:JOUT ) Q3 2024 Earnings Conference Call August 5, 2024 11:00 AM ET Company Participants Patricia Penman - VP of Marketing Services & Global Communication Helen Johnson-Leipold - Chairman and CEO David Johnson - VP and CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Operator Hello, everyone, and welcome to the Johnson Outdoors Third Quarter 2024 Earnings Conference Call. Today's call will be led by Helen Johnson-Leipold, Johnson Outdoor Chairman and Chief Executive Officer.

Johnson Outdoors Inc. (JOUT) Q3 2024 Earnings Call Transcript

Johnson Outdoor (JOUT) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $1.44 per share a year ago.

Johnson Outdoor (JOUT) Q3 Earnings and Revenues Lag Estimates

RACINE, Wis., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced operating results for the Company's third fiscal quarter ending June 28, 2024.

Johnson Outdoors Reports Fiscal Third Quarter Results

RACINE, Wis., July 17, 2024 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 third quarter on Monday, August 5, 2024, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

Johnson Outdoors to Release Fiscal 2024 Third Quarter Results on August 5, 2024

Johnson Outdoors Inc. (NASDAQ:JOUT ) Q2 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Pat Penman - VP of Marketing Services & Global Communication Helen Johnson-Leipold - Chairman and CEO David Johnson - VP and CFO Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Anna Glaessgen - B. Riley Doug Asiello - Crawford Operator Hello, and welcome to the Johnson Outdoors Second Quarter 2024 Earnings Conference Call.

Johnson Outdoors Inc. (JOUT) Q2 2024 Earnings Call Transcript

RACINE, Wis., May 03, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced operating results for the Company's second fiscal quarter ending March 29, 2024.

Johnson Outdoors Reports Fiscal Second Quarter Results

RACINE, Wis., April 18, 2024 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 second quarter on Friday, May 3, 2024, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

Johnson Outdoors to Release Fiscal 2024 Second Quarter Results on May 3, 2024

Johnson Outdoors Inc. (JOUT) Q1 2024 Earnings Call Transcript

Johnson Outdoor (JOUT) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.57 per share a year ago.

Johnson Outdoor (JOUT) Surpasses Q1 Earnings Estimates

RACINE, Wis., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced lower sales and decreased earnings results for the Company's first fiscal quarter ending December 29, 2023.

Johnson Outdoors Reports Fiscal First Quarter Results

Johnson Outdoors' (JOUT) Q1 performance to reflect elevated retail inventories and higher marketing and professional services costs.

Here's What to Expect From Johnson Outdoors' (JOUT) Q1 Earnings

Johnson Outdoor (JOUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Johnson Outdoor (JOUT) to Report a Decline in Earnings: What to Look Out for

RACINE, Wis., Jan. 22, 2024 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 first quarter on Friday, February 2, 2024, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

Johnson Outdoors to Release Fiscal 2024 First Quarter Results on February 2, 2024

RACINE, Wis., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will hold its Annual Shareholders meeting on Wednesday, February 28, 2024, beginning at 8:00 a.m. Central Standard Time. The annual meeting will be a completely “virtual meeting.” Shareholders of record as of December 20, 2023, will be able to attend the annual meeting as well as vote and submit questions during the live webcast of the meeting by visiting www.virtualshareholdermeeting.com/JOUT2024 and entering the 16-digit control number included on their Notice of Annual Meeting or Proxy Card or the instructions that accompanied their proxy materials.

Johnson Outdoors Inc. Annual Shareholders Meeting

Moderating pandemic-driven demand and elevated retail inventory levels hurt Johnson Outdoors' (JOUT) Q4 performance.

Johnson Outdoors' (JOUT) Q4 Earnings and Sales Miss Estimates

Johnson Outdoors Inc. (NASDAQ:JOUT ) Q4 2023 Earnings Conference Call December 8, 2023 11:00 AM ET Company Participants Pat Penman - Vice President of Marketing Services & Global Communication Helen Johnson-Leipold - Chairman and Chief Executive Officer David Johnson - Vice President and Chief Financial Officer Conference Call Participants Anthony Lebiedzinski - Sidoti Operator Hello, everyone, and welcome to the Johnson Outdoors Fourth Quarter 2023 Earnings Conference Call. Today's call will be led by Helen Johnson-Leipold, Johnson Outdoors Chairman and Chief Executive Officer.

Johnson Outdoors Inc. (JOUT) Q4 2023 Earnings Call Transcript

Johnson Outdoors' shares toppled more than 10% in Friday pre-market trading after the company reported a fourth-quarter loss as pandemic-driven demand ended and it booked higher inventory levels. The outdoor recreation equipment and technology company posted a 51% decline in 4Q net sales to $96.3 million.

Johnson Outdoors shares topple as company swings to 4Q loss on waning demand

Johnson Outdoors Inc.'s stock JOUT, +1.40% tumbled 19% early Friday, after the maker of outdoor recreation equipment and technology posted a bigger-than-expected fiscal fourth-quarter loss and sales that missed estimates. “The end of the elevated pandemic-driven demand of the past few years, combined with higher inventory levels at retail, resulted in lower sales and profits for our 2023 fiscal year.

Johnson Outdoors stock slides 19% after company posts wider-than-expected quarterly loss and sales that fall short

RACINE, Wis., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced lower revenue and earnings for the fiscal year ending September 29, 2023. Fiscal 2023 sales fell 11 percent compared to the previous year, while operating profit decreased $54.6 million, or 82 percent, and net income fell $25.0 million, or 56 percent, over the prior fiscal year.

Johnson Outdoors Reports Results for Fiscal Year 2023

Elevated retail inventories and warranty expenses and advertising and promotion costs are likely to have dented Johnson Outdoors' (JOUT) Q4 performance.

Here's What to Expect From Johnson Outdoors' (JOUT) Q4 Earnings

RACINE, Wis., Nov. 22, 2023 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2023 fourth quarter on Friday, December 8, 2023, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

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