Johnson Outdoors Inc
NASDAQ:JOUT
Johnson Outdoors Inc
Johnson Outdoors, Inc. engages in the manufacturing and marketing of seasonal, outdoor recreation products. The company is headquartered in Racine, Wisconsin and currently employs 1,400 full-time employees. The Company’s segments include Fishing, Camping, Watercraft Recreation and Diving. The Fishing segment brands are Minn Kota, Humminbird and Cannon. The Camping segment key brands are Eureka! and Jetboil. The Watercraft Recreation segment designs and markets canoes and kayaks under the Ocean Kayaks and Old Town brand names for family recreation, touring, angling and tripping. The Diving segment manufactures and markets underwater diving products for recreational divers, which it sells and distributes under the SCUBAPRO brand name. The firm markets a range of underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels and accessories.
Johnson Outdoors, Inc. engages in the manufacturing and marketing of seasonal, outdoor recreation products. The company is headquartered in Racine, Wisconsin and currently employs 1,400 full-time employees. The Company’s segments include Fishing, Camping, Watercraft Recreation and Diving. The Fishing segment brands are Minn Kota, Humminbird and Cannon. The Camping segment key brands are Eureka! and Jetboil. The Watercraft Recreation segment designs and markets canoes and kayaks under the Ocean Kayaks and Old Town brand names for family recreation, touring, angling and tripping. The Diving segment manufactures and markets underwater diving products for recreational divers, which it sells and distributes under the SCUBAPRO brand name. The firm markets a range of underwater diving and snorkeling equipment, including regulators, buoyancy compensators, dive computers and gauges, wetsuits, masks, fins, snorkels and accessories.
Strong Start: Johnson Outdoors posted double-digit growth in a typically slower first quarter, signaling market stabilization and strong new product reception.
Profitability Improvement: The company narrowed its operating loss significantly versus last year, driven by higher sales and improved gross margin.
Gross Margin: Gross margin rose to 36.6%, up 6.7 points from the prior year, helped by volume, pricing, and cost savings initiatives.
Business Segment Momentum: Fishing, camping, watercraft, and diving categories all showed healthy demand, with innovation and e-commerce cited as key growth drivers.
Cost Savings: Ongoing focus on efficiency and reducing product costs continues to support margins, with more initiatives planned.
Inventory & Balance Sheet: Inventory levels improved, and the company remains debt-free while continuing regular dividends.
