Johnson Outdoors Inc Stock Price, News & Analysis

Johnson Outdoors Inc. (Nasdaq: JOUT) has declared a quarterly cash dividend of $0.30 per Class A share and $0.2727 per Class B share, approved by its Board of Directors. This dividend will be payable on July 28, 2022, to shareholders on record by the close of business on July 14, 2022. Johnson Outdoors is known for its innovative outdoor recreation equipment across categories including fishing, diving, and camping, featuring respected brands like Old Town and Minn Kota.

Johnson Outdoors (Nasdaq:JOUT) reported a decline in Q2 sales and earnings for the fiscal quarter ending April 1, 2022. Total net sales decreased 8% to $189.6 million, with Fishing sales down 19% due to supply chain disruptions. However, Camping revenue rose 35%, and Diving sales increased 28%. Operating profit fell to $15.4 million from $36.0 million a year prior, while gross margin declined to 36.2%. Year-to-date, net income was $20.8 million or $2.04 per diluted share, down from $47.7 million or $4.70 in the prior year.

Johnson Outdoors is scheduled to release its Fiscal 2022 second quarter financial results on May 9, 2022, before the market opens. The company will host a conference call at 11:00 a.m. Eastern Time to discuss the results and provide updates. Investors can listen to the call through a live webcast or access a replay on the company's website for 30 days. Johnson Outdoors is known for its innovative outdoor recreation products, including brands like Old Town, Minn Kota, and SCUBAPRO.

On February 25, 2022, Johnson Outdoors (Nasdaq: JOUT) announced the Board's approval of a quarterly cash dividend, set at $0.30 per Class A share and $0.2727 per Class B share. This dividend is payable on April 28, 2022, to shareholders on record as of April 14, 2022. The company is renowned for its outdoor recreation equipment, encompassing notable brands such as Old Town, Minn Kota, and SCUBAPRO. This dividend reflects the company's ongoing commitment to return value to its shareholders.

Johnson Outdoors Inc. (Nasdaq:JOUT) has appointed Terry Troutman as the new Vice President of Global Operations and Supply Chain. Reporting to CEO Helen Johnson-Leipold, Troutman will manage worldwide operations and lead carbon footprint initiatives. With extensive experience in operations and supply chain from his previous role at Instant Brands, Troutman aims to enhance the company's capabilities in a challenging supply chain environment. Johnson Outdoors is recognized for its innovative outdoor recreation equipment across various categories, including fishing, diving, and camping.

Johnson Outdoors Inc. (JOUT) reported a 7% decline in net sales for Q1 FY2022, totaling $153.5 million, compared to the previous year's record. Despite strong demand, fishing sales fell 15% due to supply chain issues, while camping, watercraft recreation, and diving segments saw increases of 16%, 17%, and 17%, respectively. Operating profit dropped to $13.8 million, with net income at $10.9 million or $1.07 per share. The company maintains a robust cash position of $167.5 million and continues to adapt to supply chain challenges.

Johnson Outdoors (JOUT) will announce its Fiscal 2022 Q1 financial results on February 4, 2022, prior to market opening. Following the release, the company will hold a conference call and audio webcast at 11:00 a.m. ET to discuss the results and provide updates. Investors can listen to the event via the company’s website, with a replay available for 30 days. Johnson Outdoors specializes in outdoor recreation equipment and technology, offering popular brands in categories like Watercraft Recreation, Fishing, Diving, and Camping.

Johnson Outdoors Inc. (Nasdaq: JOUT) announced that Thomas F. Pyle, Jr. will not seek re-election to the board during the 2022 Annual Shareholder Meeting. Pyle has served on the board since 1987, contributing significantly to the company's evolution as a leader in outdoor recreation equipment. The company expressed gratitude for his 34 years of service. Johnson Outdoors is recognized for its diverse brands in watercraft recreation, fishing, diving, and camping, including Old Town, Minn Kota, and Jetboil.

Johnson Outdoors Inc. (Nasdaq: JOUT) announced its Annual Shareholders Meeting will be held virtually on February 24, 2022, at 8:00 a.m. CT due to COVID-19 concerns. Shareholders as of December 17, 2021, can participate online, vote, and ask questions during the meeting. Access will be available through a dedicated link with a control number from proxy materials. The Proxy Statement will be mailed on January 7, 2022, and available on the company's website along with the Annual Report.