secwatch.observer — SEC 8-K summary
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Issuer:     JOHNSON OUTDOORS INC (JOUT)
CIK:        0000788329
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001171843-24-006845
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson Outdoors reports FY 2024 net loss of $26.5M on revenue down 11% to $592.8M
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- Net loss per diluted share ($2.60) vs net income of $1.90 in FY 2023.
- Operating loss of ($43.5M) compared to operating profit of $11.7M last year; includes $11.2M goodwill impairment in Fishing segment.
- Revenue declined in all segments: Fishing -8%, Diving -13%, Camping -17%, Watercraft Recreation -29%.
- Gross margin fell to 33.9% from 36.8%, driven by lower volumes, unfavorable mix, and promotional pricing.
- Balance sheet remains debt-free with $162.0M cash; quarterly dividend of $0.30/share paid Oct 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788329/000117184324006845/0001171843-24-006845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788329/000117184324006845/f8k_120924.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006845

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