secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001171843-23-004949
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors Q3 sales down 8%, but net income up to $14.8M on margin gains
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- Total net sales of $187.0M vs $203.8M prior year; Fishing up 1%, Camping and Watercraft revenues declined sharply.
- Operating profit fell to $17.4M from $23.8M; net income rose to $14.8M ($1.44 EPS) from $14.1M ($1.38 EPS).
- Gross margin improved to 41.5% (prior 36.1%) due to price increases and lower freight and materials costs.
- Cash and investments $163.3M, up $45.7M YoY; company remains debt-free.
- Quarterly dividend approved; payable July 27, 2023 to shareholders of record July 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184323004949/0001171843-23-004949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184323004949/f8k_080223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004949

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