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 (JOUT) is a manufacturer and marketer of outdoor recreation equipment and technologies, with a focus on Fishing, Camping, Watercraft Recreation and Diving. The Johnson Outdoors news feed on Stock Titan aggregates company announcements, earnings releases and other material updates that the company distributes through press releases and SEC-referenced communications.
Investors following JOUT news will see regular earnings announcements where Johnson Outdoors reports fiscal quarter and full-year results, often accompanied by commentary on segment performance in Fishing, Camping, Watercraft Recreation and Diving. These releases discuss trends such as changes in net sales, operating profit or loss, gross margin and operating expenses, and frequently link results to new product performance, promotional activity and macroeconomic conditions affecting outdoor recreation markets.
The news flow also includes dividend declarations, where the Board of Directors approves quarterly cash dividends on Class A and Class B shares. These announcements specify record and payment dates and are often followed by Form 8-K filings referencing the related press releases. For income-focused investors, these updates provide insight into the company’s approach to shareholder returns.
In addition, Johnson Outdoors issues event notices about upcoming earnings release dates and related conference calls and webcasts. These items help market participants track when new financial information will be available and how to access management’s prepared remarks and Q&A sessions.
Because Johnson Outdoors emphasizes innovation, digital and ecommerce initiatives and operational efficiency, its news often highlights new product recognition, operational developments and commentary on factors such as tariffs, supply chain conditions and consumer demand. Bookmarking the JOUT news page on Stock Titan allows users to monitor these recurring updates in one place and review how management describes the company’s progress over time.
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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