Johnson Outdoors (JOUT) Company Overview

JOUT's first-quarter fiscal 2024 results reflect dismal market demand trends and competitive risks. Click away to get a clear picture of the earnings releases.

Johnson Outdoor (JOUT) came out with a quarterly loss of $1.49 per share versus the Zacks Consensus Estimate of a loss of $1.30. This compares to earnings of $0.38 per share a year ago.

RACINE, Wis., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced operating results for the Company's first fiscal quarter ending December 27, 2024.

Johnson Outdoor (JOUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RACINE, Wis., Jan. 22, 2025 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2025 first quarter on Monday, February 3, 2025, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

RACINE, Wis., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will hold its Annual Shareholders meeting on Thursday, February 27, 2025, beginning at 8:00 a.m. Central Standard Time. The annual meeting will be a completely “virtual meeting.” Shareholders of record as of December 19, 2024, will be able to attend the annual meeting as well as vote and submit questions during the live webcast of the meeting by visiting www.virtualshareholdermeeting.com/JOUT202 5  and entering the 16-digit control number included on their Notice of Annual Meeting or Proxy Card or the instructions that accompanied their proxy materials.

Johnson Outdoors closed FY24 with a disappointing final quarter that contributed to an operating loss of -$43.5m for the year. Net sales fell by ~11%, with pressure felt across all segments, and the associated unfavourable overhead absorption pushed the gross profit margin to a historical low of 33.9%. High inventory has been a downside risk for Johnson Outdoors for the last couple of years, and the company is now making positive progress with the conversion of excess inventory.

JOUT's fiscal fourth quarter performance was affected by challenging market conditions and heightened competitive pressures.

Johnson Outdoor (JOUT) came out with a quarterly loss of $3.35 per share versus the Zacks Consensus Estimate of a loss of $0.98. This compares to loss of $1.56 per share a year ago.