secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0001171843-22-007926
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors FY22 net income down 47% to $44.5M ($4.37 EPS); revenue flat at $743.4M
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- Net income $44.5M ($4.37 diluted EPS) vs $83.4M ($8.21) in FY21; operating profit fell 40% to $66.3M.
- Revenue $743.4M, down 1% from $751.7M; gross margin contracted 8 points to 36.5% on higher material costs.
- Fishing segment revenue down 5% due to supply chain disruptions; Camping up 12%, Diving up 14%, Watercraft up 2%.
- Q4 sales rose 18% to $196.4M as supply chain eased; Q4 net income $9.7M vs $6.9M a year ago.
- Debt-free with $129.8M cash; board approved a 3% dividend increase (paid Oct 27, 2022).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184322007926/0001171843-22-007926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184322007926/f8k_120822.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007926

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