earnings
confidence high
sentiment neutral
materiality 0.60
Johnson Outdoors Q2 net sales down 4% to $168.3M, EPS $0.22; warns tariffs will impact business
JOHNSON OUTDOORS INC
- Fishing revenue fell 3%, Camping & Watercraft down 12%, Diving down 7%; Jetboil growth partially offset.
- Operating profit of $4.9M vs. $(0.25M) loss a year ago; gross margin flat at 35.0%.
- Year-to-date net loss of $(13.0M), or $(1.26) per share, vs. net income of $6.1M prior year.
- CEO cites tariffs as a headwind despite U.S. manufacturing; mitigation strategies underway.
- Quarterly dividend of $0.32/share paid April 24, 2025; cash and short-term investments $94.0M.