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.
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