Johnson Outdoors Q1 net sales down 7% to $153.5M; EPS $1.07 vs $1.96 YoY

JOHNSON OUTDOORS INC

Net sales $153.5M, down 7% YoY; operating profit $13.8M vs $23.6M.
Diluted EPS $1.07 vs $1.96; net income $10.9M vs $19.8M.
Fishing segment sales -15% due to supply chain; Camping +16%, Watercraft +17%, Diving +17%.
Gross margin 39.5%, down from prior year on higher raw material and freight costs.
Cash and short-term investments $167.5M; quarterly dividend paid Jan 27, 2022.

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