Johnson Outdoors Reports Fiscal First Quarter Results
Johnson Outdoors Inc. - Class A (JOUT)
Last johnson outdoors inc. - class a earnings: 1/31 05:00 am
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Source: GlobeNewswire
RACINE, Wis., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced lower sales and decreased earnings results for the Company’s first fiscal quarter ending December 29, 2023. “We’re facing a tough marketplace with high inventory levels at retail and lower consumer demand resulting in soft first quarter sales. We are taking steps to outperform the challenging marketplace and improve our financial results,” said Helen Johnson-Leipold, Chairman and Chief Executive Officer. “Looking ahead, our focus remains consistent on investing in innovation and marketing to position our brands for success.” FIRST QUARTER RESULTSTotal Company net sales in the first quarter declined 22 percent to $138.6 million compared to $178.3 million in the prior year first fiscal quarter. Key contributing factors include: Fishing sales declined by approximately 20 percent driven by high retail inv
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JOUT
Earnings
- 2/2/24 - Beat
JOUT
Sec Filings
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- 3/4/24 - Form 4
- JOUT's page on the SEC website