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. 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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