JOUT Stock Recent News

RACINE, Wis., April 18, 2024 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 second quarter on Friday, May 3, 2024, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

Johnson Outdoors Inc. (JOUT) Q1 2024 Earnings Call Transcript

Johnson Outdoor (JOUT) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.57 per share a year ago.

Johnson Outdoors' (JOUT) Q1 performance to reflect elevated retail inventories and higher marketing and professional services costs.

Johnson Outdoor (JOUT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RACINE, Wis., Jan. 22, 2024 (GLOBE NEWSWIRE) -- J OHNSON O UTDOORS I NC . (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 first quarter on Friday, February 2, 2024, before market open that day. The Company will host a conference call and audio webcast shortly afterwards at 11:00 a.m. Eastern Time to discuss the financial results and provide a Company update.

Moderating pandemic-driven demand and elevated retail inventory levels hurt Johnson Outdoors' (JOUT) Q4 performance.

Johnson Outdoors' shares toppled more than 10% in Friday pre-market trading after the company reported a fourth-quarter loss as pandemic-driven demand ended and it booked higher inventory levels. The outdoor recreation equipment and technology company posted a 51% decline in 4Q net sales to $96.3 million.

Johnson Outdoors Inc.'s stock JOUT, +1.40% tumbled 19% early Friday, after the maker of outdoor recreation equipment and technology posted a bigger-than-expected fiscal fourth-quarter loss and sales that missed estimates. “The end of the elevated pandemic-driven demand of the past few years, combined with higher inventory levels at retail, resulted in lower sales and profits for our 2023 fiscal year.

Elevated retail inventories and warranty expenses and advertising and promotion costs are likely to have dented Johnson Outdoors' (JOUT) Q4 performance.