secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001171843-24-004414
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors Q3 net sales fall 8% to $172.5M; posts operating loss of $0.5M
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- Net income $1.6M ($0.16 diluted EPS) vs $14.8M ($1.44) in prior-year Q3.
- Gross margin dropped to 35.8% from 41.5% due to lower volumes and mix shift.
- Year-to-date net sales down 14% to $487M; operating loss of $0.7M vs profit $34.3M.
- Company cites lower consumer demand, heavy promotional activity; expanding cost savings actions.
- Debt-free balance sheet holds $148.4M cash; quarterly dividend paid July 25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184324004414/0001171843-24-004414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184324004414/f8k_080224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004414

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