other material
confidence high
sentiment negative
materiality 0.50
Johnson Outdoors exits Eureka product lines; expects $4M charge in FY2023
JOHNSON OUTDOORS INC
- Company exiting Eureka camping product lines; operations to wind down through end of 2024.
- Negative sales impact expected to be less than 1% for fiscal 2024.
- Approximately $4 million charge expected in fiscal year 2023 related to the exit.
- Focus will shift to Jetboil cooking franchise for long-term growth.