Johnson Outdoors (JOUT)
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Johnson Outdoors to Release Fiscal 2026 First Quarter Results on February 6, 2026
Globenewswire· 2026-01-27 17:21
RACINE, Wis., Jan. 27, 2026 (GLOBE NEWSWIRE) -- JOHNSON OUTDOORS INC. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2026 first quarter on Friday, February 6, 2026, 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. A live listen-only webcast of the conference call may be acce ...
5 Dividend Stocks with Strong Momentum for 2026
Benzinga· 2026-01-07 17:39
Core Viewpoint - The article discusses five dividend-paying stocks that also exhibit growth potential, highlighting their strong dividend yields and annualized growth rates, along with their momentum scores. Group 1: Morgan Stanley - Morgan Stanley has a Benzinga Edge Momentum Score of 86.86 and is pivoting towards fee-heavy investment and wealth management, which is expected to enhance its growth potential by 2026 [4] - The company manages over $8 trillion in assets and offers a dividend yield of 2.14%, with a payout ratio of 41% and a five-year annualized dividend growth rate of 22.4% [5] - Analysts anticipate Q4 revenue to exceed $17.4 billion, and Barclays has raised its price target from $183 to $219, indicating strong market confidence [6][8] Group 2: Eni SpA - Eni has a Benzinga Edge Momentum Score of 84.75 and operates as an Italian oil and gas conglomerate with a market cap of nearly $58 billion [10] - The company has a strong dividend yield of just under 6% and a five-year annualized growth rate of 12.9%, despite a payout ratio exceeding 90% [13] - Eni's stock shows positive momentum, with the 50-day SMA acting as support and increasing buyer interest indicated by the MACD [14] Group 3: Banc of California Inc. - Banc of California has a Benzinga Edge Momentum Score of 84.31 and has gained attention following its merger with Pacific Western, positioning itself as a leading mid-size regional bank [15] - The company is expected to see significant EPS growth in 2026, with a current dividend yield of just over 2% and a five-year dividend growth rate of 15.8% [16] - Banc of California's stock has risen nearly 30% in the past year, supported by a positive technical outlook with the price above the 50-day and 200-day SMAs [18] Group 4: Johnson Outdoors Inc. - Johnson Outdoors has a Benzinga Edge Momentum Score of 85.18 and is positioned to benefit from affluent consumer spending trends in 2026 [19] - The company has a dividend yield of 3.04% and a five-year annualized growth rate of over 14%, despite a high payout ratio of 125% [22] - Johnson Outdoors has a nearly debt-free balance sheet and a net cash position of $127 million, which supports its dividend obligations [20]
Johnson Outdoors (JOUT) Earnings Transcript
Yahoo Finance· 2026-01-07 15:09
Core Insights - The company reported a positive third quarter with a 5% increase in sales to $180.7 million compared to $172.5 million in the same quarter last year, and a significant operating profit of $7.3 million, reversing the previous year's loss [4][6] - The company is focused on operational efficiencies, innovation, and e-commerce, supported by a debt-free balance sheet and strong cash position [1][7] Financial Performance - Profit before income taxes increased significantly due to higher sales, improved gross margins, and reduced operating expenses [6] - Gross margin improved to 37.6%, up 1.8 percentage points from the previous year, driven by higher volumes, better pricing, and cost-saving measures [6] - Operating expenses decreased by $1.7 million compared to the prior year, with a notable reduction in promotion and professional services expenses [6][7] Market and Product Insights - Demand for new products, such as Jetboil's Fast Boil cooking systems and Hummingbird's MEGA Live 2 Sonar fish finder technology, has exceeded expectations [2][3] - The company received industry recognition, including the Best in Electronics award for the XPLORE fish finder unit at ICAST, which is expected to enhance demand [3][16] Inventory and Tariff Management - Inventory levels decreased to $163.7 million, down approximately $59.4 million from the previous year [7] - The company is actively managing tariff impacts and has made progress on mitigation strategies, although it anticipates some cost increases in the fourth quarter [7][12] Strategic Focus - The company continues to invest in innovation and operational efficiencies to drive future growth [1][5] - There is a commitment to maintaining a robust cost savings program and improving product costs [14]
Johnson Outdoors Stock: Encouraging Results Don't Justify An Upgrade (NASDAQ:JOUT)
Seeking Alpha· 2026-01-02 02:58
Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] Group 1 - The service offers subscribers access to a model account with over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1]
Johnson Outdoors (JOUT) - 2025 Q4 - Annual Report
2025-12-12 19:18
Financial Performance - The Company reported a consolidated net sales of 100% for the fiscal year 2025, with the highest sales in June at 31%[42] - The operating profit for the quarter ending December 2025 was 125%, indicating strong performance during that period[42] - The Company has experienced seasonal variations in sales, with the primary selling season occurring in the quarters ending March and June[42] - The Company reported seasonal variations in sales and profitability, with December quarter net sales at 18% of total year sales for 2025, down from 27% in 2023[42] - In the March quarter of 2025, the Company experienced a net sales increase to 28%, compared to 30% in 2023, while operating profit showed a loss of 30%[43] - The June quarter for 2025 saw net sales rise to 31%, with an operating loss of 45%, reflecting a decrease from 28% net sales and a 149% operating profit in 2023[43] - The September quarter in 2025 had net sales at 23%, with a 50% operating profit, contrasting with a 15% net sales and a (193%) operating loss in 2023[43] Employee Relations - The Company has approximately 1,300 regular, full-time employees, with 950 located in the United States and 350 outside[36] - The Company maintains a commitment to workplace safety and employee relations, considering them to be excellent[37] - The Company emphasizes the importance of attracting and retaining key employees to ensure successful execution of its mission[37] Research and Development - The Company invests significantly in research and development across its business segments, with activities conducted in multiple locations including Minnesota, Georgia, and Switzerland[27] - The Company expenses research and development costs as incurred, except for certain software development costs which are capitalized and amortized[28] - The Company invests significantly in research and development across its business segments, with activities conducted in multiple locations including Minnesota, Georgia, Canada, and Switzerland[27] Product Segments - The Fishing segment's key brands include Minn Kota, Humminbird, and Cannon, which are marketed primarily in North America through various retail channels[15] - The Diving segment competes in the premium recreational market with products sold through specialty dive stores and direct to consumers[23] - The Fishing segment includes key brands such as Minn Kota, Humminbird, and Cannon, with a focus on innovation and quality products[13] - The Camping & Watercraft segment features brands like Jetboil and Old Town, emphasizing brand awareness and product innovation through digital marketing[16] - The Diving segment markets SCUBAPRO products, competing in the premium recreational and high-performance technical diving markets[21] Supply Chain Management - The Company mitigates supply chain risks by purchasing safety stock and utilizing forecast-based supply contracts[41] - The Company mitigates supply chain risks by maintaining safety stock and utilizing forecast-based supply contracts[41] Compliance and Ethics - The Company believes it complies with various environmental laws and regulations, and expenditures on environmental compliance are not expected to have a material adverse effect on capital expenditures, earnings, or competitive position[44] - The Company is committed to ethical business practices and files an annual Form SD regarding "Conflict Minerals Disclosure" as required by the Dodd-Frank Act[45] - The Company is committed to ethical business practices and has established a "Code of Conduct" to guide its operations[45] Intellectual Property - The Company holds numerous patents and trademarks, which it actively defends to protect its intellectual property rights[39] Transparency - The Company provides free access to its financial reports and governance documents on its website, ensuring transparency for shareholders[46] Competition - The Company’s primary competitors in the Fishing segment include Lowrance, Garmin, and Power-Pole, focusing on technological innovation and product quality[30] - The Company does not believe that backlog information is material to understanding its business due to the non-binding nature of orders[35]
Johnson Outdoors outlines cost savings and innovation focus for 2026 amid continued market uncertainty (NASDAQ:JOUT)
Seeking Alpha· 2025-12-12 17:23
Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]
Johnson Outdoors (JOUT) - 2025 Q4 - Earnings Call Transcript
2025-12-12 17:02
Financial Data and Key Metrics Changes - Total company sales for fiscal 2025 were flat compared to the prior year, with an operating loss of $16.2 million, which improved compared to fiscal 2024 [3][9] - Loss before income taxes for 2025 was $9.3 million, an improvement from a pre-tax loss of $29.9 million in fiscal 2024, primarily due to a prior year goodwill write-off and an increase in gross margin [9][10] - Gross margin for fiscal 2025 improved to 35.1%, up 1.2 points from the prior year [9][10] - Operating expenses decreased by 8%, or $20.2 million, from the prior fiscal year [10] Business Line Data and Key Metrics Changes - In the fishing segment, demand exceeded expectations for Humminbird's new Explore series and MEGA Live 2 fish finders, contributing to growth [4] - Camping and watercraft sales declined for fiscal 2025, primarily due to the closeout of Eureka inventory, but excluding this impact, the segment grew by 2% [4] - Diving sales increased for the fiscal year due to modest improvements in certain regional markets, with new product launches like the Hydros Pro 2 buoyancy control device receiving positive reception [5][6] Market Data and Key Metrics Changes - The overall watercraft marketplace is still struggling, but Old Town's fishing kayak line is performing well [5] - The company is focusing on strengthening its digital and e-commerce capabilities, which are seen as areas of opportunity for growth [7] Company Strategy and Development Direction - The company is committed to innovation as a key priority, focusing on consumer-driven products to drive future growth [4][16] - Cost savings programs remain a priority, with ongoing efforts to enhance operational efficiencies and manage product costs [7][10] - The company is optimistic about its strategic priorities and investments in innovation and digital capabilities to position itself for future success [8] Management's Comments on Operating Environment and Future Outlook - Management noted that while the outdoor recreation marketplace remains uncertain, there is positive momentum observed in the latter half of fiscal 2025 [3][8] - The company is cautious about declaring a market turnaround but is hopeful for a good season ahead [14] Other Important Information - The company maintained a debt-free balance sheet and a healthy cash position, indicating confidence in creating long-term shareholder value [11] Q&A Session Summary Question: Observations on fourth quarter revenue gain and momentum into early fiscal 2026 - Management expressed excitement about the growth in the third and fourth quarters, noting that market momentum is continuing, although it is still early in the year [14] Question: Insights on the new product pipeline for 2026 - Management highlighted ongoing momentum in product innovation across all business segments, emphasizing the importance of innovation in a competitive market [16] Question: Impact of pricing actions due to tariffs - Management confirmed that pricing adjustments were made strategically and have not negatively affected business so far [17] Question: Contribution of operational efficiencies to gross margin - Management indicated that operational improvements contributed over a point to gross margin and that cost-saving initiatives will continue into fiscal 2026 [18] Question: Expected effective tax rate for fiscal 2026 - Management expects the effective tax rate to return to a more normal range in the mid to high 20s [20]
Johnson Outdoors (JOUT) - 2025 Q4 - Earnings Call Transcript
2025-12-12 17:02
Financial Data and Key Metrics Changes - Total company sales for fiscal 2025 were flat compared to the prior year, with an operating loss of $16.2 million, which improved compared to fiscal 2024 [3][9] - Loss before income taxes for 2025 was $9.3 million, an improvement from a pre-tax loss of $29.9 million in fiscal 2024, primarily due to a prior year goodwill write-off and an increase in gross margin [9][10] - Gross margin for fiscal 2025 improved to 35.1%, up 1.2 points from the prior year [9][10] - Operating expenses decreased by 8%, or $20.2 million, from the prior fiscal year [10] Business Line Data and Key Metrics Changes - In the fishing segment, demand exceeded expectations for Humminbird's new Explore series and MEGA Live 2 fish finders, contributing to growth [4] - Camping and watercraft sales declined for fiscal 2025, primarily due to the closeout of Eureka inventory, but excluding this impact, the segment grew by 2% [4] - Jetboil's new fast boil cooking systems continued to outperform expectations, and Old Town's fishing kayak line performed well despite a struggling overall marketplace [5] - Diving sales increased due to modest improvements in certain regional markets, with the launch of the new Hydros Pro 2 buoyancy control device generating enthusiasm [6][7] Market Data and Key Metrics Changes - The outdoor recreation marketplace remains uncertain, with global macroeconomic challenges expected to continue [8] - The company is focused on expanding its digital and e-commerce capabilities, which are seen as areas of opportunity for growth [7][8] Company Strategy and Development Direction - The company is committed to innovation as a key priority, focusing on consumer-driven products to drive future growth [4][16] - Cost savings initiatives remain a priority, with efforts to enhance operational efficiencies and manage product costs [7][10] - The company aims to strengthen its digital footprint to make products easily accessible to consumers [7] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about market momentum continuing into early fiscal 2026, although it is too early to declare a market turnaround [8][14] - The company plans to continue investing in innovation and operational efficiencies to position itself for future success [8] Other Important Information - The balance sheet remains debt-free, and the company has a healthy cash position, indicating confidence in creating long-term shareholder value [11] Q&A Session Summary Question: Observations on fourth quarter revenue gain and momentum into fiscal 2026 - Management noted excitement about growth in the third and fourth quarters, with ongoing positive market momentum, though it is still early in the year [14] Question: Insights on the new product pipeline for 2026 - Management highlighted ongoing momentum in fishing and diving innovations, emphasizing that product launches span multiple years and innovation remains a key focus [16] Question: Impact of pricing actions due to tariffs and retailer reception - Management confirmed strategic pricing actions were taken, which have been well received by retail partners, with no negative impact on business observed so far [17] Question: Contribution of operational efficiencies to gross margin and future opportunities - Management indicated that operational improvements contributed over a point to gross margin, with ongoing cost savings initiatives planned for fiscal 2026 [18] Question: Expected effective tax rate for fiscal 2026 - Management expects the effective tax rate to return to a more normal range in the mid to high 20s, following the establishment of a deferred tax valuation reserve [20]
Johnson Outdoors (JOUT) - 2025 Q4 - Earnings Call Transcript
2025-12-12 17:00
Financial Data and Key Metrics Changes - Total company sales for fiscal 2025 were flat compared to the prior year, with an operating loss of $16.2 million, which improved compared to fiscal 2024 [3][9] - Loss before income taxes for 2025 was $9.3 million, an improvement from a pre-tax loss of $29.9 million in fiscal 2024, primarily due to a prior year goodwill write-off and an increase in gross margin [9][10] - Gross margin for fiscal 2025 improved to 35.1%, up 1.2 points from the prior year [9][10] - Operating expenses decreased by 8%, or $20.2 million, from the prior fiscal year [10] Business Line Data and Key Metrics Changes - In the fishing segment, demand exceeded expectations for Humminbird's new Explore series and MEGA Live 2 fish finders, contributing to growth [4] - Camping and watercraft sales declined for fiscal 2025, primarily due to the closeout of Eureka inventory, but excluding this impact, the segment grew by 2% [4] - Diving sales increased due to modest improvements in certain regional markets, with the launch of the new Hydros Pro 2 buoyancy control device receiving positive reception [5][6] Market Data and Key Metrics Changes - The overall watercraft marketplace is still struggling, but Old Town's fishing kayak line is performing well [5] - Digital and e-commerce capabilities are being strengthened, with ongoing efforts to expand the digital footprint fueling growth [6][7] Company Strategy and Development Direction - The company is focused on consumer-driven innovation and enhancing digital and e-commerce capabilities as key strategic priorities [8] - Cost savings programs remain a priority, with efforts to drive optimal product costs and enhance operating efficiencies continuing into fiscal 2026 [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about market momentum continuing into early fiscal 2026, although it is still too early to confirm a market turnaround [8][13] - The company is committed to innovation as a key focus, especially in a competitive environment where consumers are price-sensitive [15] Other Important Information - The company maintained a debt-free balance sheet and a healthy cash position, confident in its ability to create long-term value for shareholders [11] Q&A Session Summary Question: Has the revenue gain momentum continued into early fiscal 2026? - Management noted excitement about the growth in the third and fourth quarters, indicating that market momentum appears to be continuing, but it is too early to declare a market turnaround [13] Question: What is the outlook for the new product pipeline for 2026? - Management highlighted ongoing momentum in fishing and diving innovations, emphasizing that product innovation remains a key priority [15] Question: How have pricing actions related to tariffs been received by retail partners? - Management stated that pricing actions taken were strategic and have been well-received by retail partners, with no negative impact on business so far [16] Question: How much have operational efficiencies contributed to gross margin improvements? - Management indicated that operational efficiencies contributed over a point of gross margin improvement, with ongoing cost savings initiatives planned for fiscal 2026 [17] Question: What is the expected effective tax rate for fiscal 2026? - Management expects the effective tax rate to return to a more normal range, mid to high 20s, going forward [18]
Johnson Outdoor (JOUT) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-12-12 13:17
分组1 - Johnson Outdoor reported a quarterly loss of $0.31 per share, better than the Zacks Consensus Estimate of a loss of $0.68, and significantly improved from a loss of $3.35 per share a year ago, representing an earnings surprise of +54.41% [1] - The company posted revenues of $135.76 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 15.80%, and up from $105.87 million in the same quarter last year [2] - Johnson Outdoor has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times during the same period [2] 分组2 - The stock has gained approximately 30.3% since the beginning of the year, outperforming the S&P 500's gain of 17.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.45 on revenues of $121.66 million, while for the current fiscal year, the estimate is $1.05 on revenues of $616.1 million [7] - The Leisure and Recreation Products industry, to which Johnson Outdoor belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]