Johnson Outdoors Inc. Reports 4% Decline in Q2 Sales; Net Income Slightly Up to $2.3M with EPS at $0.22

Reuters
05-02
Johnson Outdoors Inc. Reports 4% Decline in Q2 Sales; Net Income Slightly Up to $2.<a href="https://laohu8.com/S/MMM">3M</a> with EPS at $0.22

Johnson Outdoors Inc. announced its second fiscal quarter results ending March 28, 2025, with total company net sales declining 4% to $168.3 million compared to $175.9 million in the previous year's second quarter. The company's net income was $2.3 million, or $0.22 per diluted share, slightly up from $2.2 million, or $0.21 per diluted share, in the same period last year. The company faced a 3% decrease in fishing sales due to ongoing market and macroeconomic challenges. Camping & Watercraft Recreation sales dropped 12%, despite growth in Jetboil partially offsetting declines in watercraft and the exit of the Eureka! business. Diving sales also saw a 7% decrease, attributed to declining market demand and economic uncertainty across various geographic regions. Year-to-date net sales for fiscal 2025 were $276.0 million, reflecting a 12.2% decrease from the first six months of the previous fiscal year. The total company operating loss widened to $(15.3) million from $(0.2) million in the prior year-to-date period, with a slight decrease in gross margin to 33.0% compared to 36.3% previously. The company continues to focus on strategic investments and managing costs amid evolving macroeconomic challenges and tariff impacts. Helen Johnson-Leipold, Chairman and CEO, emphasized the importance of innovation, highlighting positive outcomes from new products in Humminbird and Jetboil.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Johnson Outdoors Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-002722), on May 02, 2025, and is solely responsible for the information contained therein.

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