Johnson Outdoors Reports 5% Increase in Q3 Sales to $180.7M, Swings to $7.3M Operating Profit

Reuters
08/01
Johnson Outdoors Reports 5% Increase in Q3 Sales to $180.7M, Swings to $7.<a href="https://laohu8.com/S/MMM">3M</a> Operating Profit

Johnson Outdoors Inc. (Nasdaq: JOUT) reported an increase in third-quarter net sales to $180.7 million, a 5% rise from the previous year's $172.5 million. This growth was driven by an 8% increase in fishing revenue owing to the success of new products and a 7% increase in diving revenue supported by stronger market conditions and favorable currency translation. However, sales in the Camping & Watercraft Recreation segment decreased by 14%, primarily due to the exit of the Eureka! Business. Excluding the Eureka! impact, sales in this segment would have improved by 3%. The company reported a profit before income taxes of $10.5 million, up significantly from $0.9 million in the previous year's third quarter. Net income for the quarter was $7.7 million, or $0.75 per diluted share, compared to $1.6 million, or $0.16 per diluted share, in the same period last year. For the fiscal year-to-date, net sales were $456.7 million, marking a 6.2% decrease compared to the previous year's first nine-month period. The total company operating loss for the period was $8.0 million, a decline from a $0.7 million loss in the prior year. Gross margin slightly decreased to 34.8% from 36.2% in the previous year. Operating expenses for the nine-month period were reduced by $9.8 million, totaling $167.0 million. The company continues to focus on strategic priorities such as innovation, digital and e-commerce, and operational efficiency to drive future growth.

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: 0001171843-25-004947), on August 01, 2025, and is solely responsible for the information contained therein.

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