secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001171843-22-003425
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors Q2 net income falls 64% to $0.97 EPS on 8% sales decline; supply chain hit Fishing
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- Q2 net sales $189.6M (-8% YoY); net income $9.9M ($0.97 diluted EPS) vs $27.8M ($2.74).
- Fishing segment sales down 19% from supply chain disruptions; Camping +35%, Watercraft +29%, Diving +28%.
- Gross margin declined 900 bps to 36.2% from higher materials and inbound freight costs.
- Year-to-date net income $20.8M ($2.04) vs $47.7M ($4.70); supply constraints expected to persist.
- Quarterly dividend maintained; cash $113.2M; capital spending $15.7M vs $9.8M on capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184322003425/0001171843-22-003425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184322003425/f8k_050622.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-003425

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