secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001171843-23-000658
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors Q1 net sales up 16% to $178.3M, but EPS falls to $0.57 from $1.07
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- Net sales rose 16% YoY to $178.3M; diluted EPS dropped to $0.57 from $1.07.
- Gross margin contracted to 35.2% from 39.5% due to high material and freight costs.
- Fishing sales climbed 27%; Camping fell 18%; Watercraft Recreation fell 34%; Diving rose 16%.
- Operating profit $5.5M (prior year $13.8M); net income $5.9M ($10.9M).
- Cash and short-term investments $103.4M; quarterly dividend declared payable Jan 26, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184323000658/0001171843-23-000658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184323000658/f8k_020223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000658

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