Welcome to our dedicated page for Johnson Outdoors news (Ticker: JOUT), a resource for investors and traders seeking the latest updates and insights on Johnson Outdoors stock.
Johnson Outdoors Inc (NASDAQ: JOUT) delivers innovative outdoor recreation solutions through market-leading brands in fishing, diving, camping, and watercraft segments. This news hub provides investors and outdoor enthusiasts with direct access to official corporate communications and market-moving developments.
Track all material announcements through curated press releases spanning product innovations, financial results, and strategic initiatives. Our repository ensures timely access to earnings reports, leadership updates, and industry partnership details while maintaining strict compliance with disclosure regulations.
Discover how JOUT's debt-free operational model and R&D investments translate to market performance through quarterly filings and annual reports. Stay informed about product launches in marine electronics and outdoor gear that reinforce the company's 50+ year innovation legacy.
Bookmark this page for streamlined monitoring of Johnson Outdoors' operational milestones across global markets. Combine fundamental analysis with real-time corporate updates to inform your understanding of this outdoor recreation leader's market position.
Johnson Outdoors Inc. (Nasdaq:JOUT) reported a challenging fiscal third quarter ending June 28, 2024. Net sales declined 8% to $172.5 million, with an operating loss of $0.5 million compared to a $17.4 million profit in the prior year. Gross margin fell to 35.8% from 41.5% due to lower sales volumes and product mix changes. Net income decreased to $1.6 million ($0.16 per diluted share) from $14.8 million ($1.44 per diluted share).
Year-to-date results show a 14% decrease in net sales to $487.0 million. The company reported cash and short-term investments of $148.4 million. Despite challenges, Johnson Outdoors remains committed to cost-saving initiatives, inventory reduction, and strategic investments in innovation and digital capabilities to drive future growth.
Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, has announced the release date for its Fiscal 2024 third quarter financial results. The company will unveil the results on Monday, August 5, 2024, before the market opens. Following the release, Johnson Outdoors will host a conference call and audio webcast at 11:00 a.m. Eastern Time to discuss the financial results and provide a company update.
Investors and interested parties can access a live listen-only webcast of the conference call through the Johnson Outdoors website. A replay of the call will be available on the Investor section of the company's website for 30 days following the event. Johnson Outdoors is known for its portfolio of popular outdoor recreation brands, including Old Town canoes and kayaks, Minn Kota trolling motors, Humminbird marine electronics, and Eureka! camping equipment.
Johnson Outdoors (Nasdaq: JOUT) announced that its Board of Directors approved a quarterly cash dividend of $0.33 per Class A share and $0.30 per Class B share. The dividend is payable on July 25, 2024, to shareholders of record as of July 11, 2024.
Johnson Outdoors is a prominent global innovator in outdoor recreation equipment and technology, with a diverse portfolio spanning watercraft recreation, fishing, diving, and camping. Key brands include Old Town canoes and kayaks, Minn Kota trolling motors, Humminbird marine electronics, and SCUBAPRO dive equipment.
Johnson Outdoors Inc. reported a decline in net sales and operating profit for the second fiscal quarter of 2024. The company's total net sales dropped by 13%, with an operating loss of $0.25 million compared to a profit of $11.4 million in the previous year. Gross margin decreased to 34.9% due to unfavorable overhead absorption and promotional price reductions. Profit before income taxes was $3.0 million, down from $19.9 million in the prior year. The year-to-date net sales for fiscal 2024 decreased by 17% to $314.5 million, with an operating loss of $0.2 million compared to a profit of $16.9 million in the prior year. Net income was $2.2 million for the second quarter, or $0.21 per diluted share, and $6.1 million for the year-to-date period, or $0.59 per diluted share.
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