secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001171843-23-007504
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors FY2023 EPS $1.90, revenue down 11%; Q4 operating loss $22.6M
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- FY2023 revenue $663.8M, down 11% YoY; operating profit $11.7M, down 82% from $66.3M.
- Net income $19.5M ($1.90/diluted share) vs $44.5M ($4.37); Q4 net loss $16.0M.
- Segment: Fishing -6%, Diving +8%, Camping -$25M (incl. sale of tents), Watercraft -$27.2M.
- Cash $152.6M, no debt; quarterly dividend increased 3% (paid Oct 27, 2023).
- CFO: cost savings program in place; higher inventories; focus on FY2024 profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184323007504/0001171843-23-007504-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184323007504/f8k_120823.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-007504

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