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 (Nasdaq: JOUT) will announce its Fiscal 2023 second quarter financial results on May 5, 2023, prior to market opening. Following this, a conference call will take place at 11:00 a.m. Eastern Time to discuss these results and offer company updates. A live audio webcast will be available on the company’s website, with a replay accessible for 30 days in the investor section.
Recognized for its innovation in outdoor recreation equipment, Johnson Outdoors offers several well-known brands across Watercraft Recreation, Fishing, Diving, and Camping. These brands include Old Town®, Carlisle®, Minn Kota®, Cannon®, Humminbird®, SCUBAPRO®, Jetboil®, and Eureka!®.
Johnson Outdoors (Nasdaq:JOUT) has finalized an agreement to sell its Eureka! Military and Commercial Tents product lines to Rekord Group for approximately $13.7 million. The deal, expected to close by March 17, 2023, is conditioned on customary closing processes. Notably, this sale excludes the Eureka! brand name and consumer camping business, which will remain under Johnson Outdoors' operation. The transaction aims to strengthen Johnson's focus on its recreational camping segment. Rekord Group is poised to expand its offerings, benefiting from the acquisition.
Johnson Outdoors Inc. (Nasdaq: JOUT) has announced a quarterly cash dividend of $0.31 per Class A share and $0.2818 per Class B share, approved by its Board of Directors. The dividend is scheduled for payment on April 27, 2023, to shareholders recorded by April 13, 2023. Johnson Outdoors is recognized for its innovative outdoor recreation equipment, including brands like Old Town, Humminbird, and SCUBAPRO. The company emphasizes a commitment to quality and consumer satisfaction across categories such as fishing, diving, and camping.
Johnson Outdoors Inc. (Nasdaq: JOUT) will host its Annual Shareholders Meeting on March 1, 2023, at 8:00 a.m. Central Time. This virtual meeting allows shareholders of record as of December 21, 2022, to participate, vote, and ask questions via a live webcast. Access details and the 16-digit control number are included in the Notice of Annual Meeting. A replay will be available for 30 days post-meeting. Key voting information will be shared in the Proxy Statement mailed on January 9, 2023. Johnson Outdoors is recognized for its diverse portfolio in outdoor recreation equipment, including brands like Old Town, Minn Kota, SCUBAPRO, and Jetboil.
Johnson Outdoors (Nasdaq:JOUT) reported a 16% increase in Q1 net sales to $178.3 million, driven by a 27% rise in Fishing sales. However, the company experienced significant revenue declines in Camping (down 18%) and Watercraft Recreation (down 34%) due to softening post-pandemic demand. Operating profit fell to $5.5 million from $13.8 million last year, with gross margin shrinking to 35.2%. Net income decreased to $5.9 million ($0.57 per diluted share), down from $10.9 million ($1.07 per diluted share). The company maintains a healthy cash position of $103.4 million and remains focused on managing inventory levels and strategic investments amid rising costs.
JOHNSON OUTDOORS (Nasdaq: JOUT) will announce its financial results for the first quarter of Fiscal 2023 on February 3, 2023, before market open. An accompanying conference call and audio webcast will be held at 11:00 a.m. Eastern Time the same day to discuss the results and provide company updates. Investors can access the live call via the company’s homepage, with a replay available for 30 days. Johnson Outdoors is known for its leading outdoor recreation equipment brands, including Old Town, Minn Kota, and SCUBAPRO, emphasizing innovation in Watercraft Recreation, Fishing, Diving, and Camping.