Johnson Outdoors (JOUT)
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Johnson Outdoors to Release Fiscal 2025 First Quarter Results on February 3, 2025
GlobeNewswire· 2025-01-22 19:22
Company Announcement - Johnson Outdoors Inc will release its Fiscal 2025 first quarter financial results on February 3 2025 before market open [1] - A conference call and audio webcast will be held at 11:00 a m Eastern Time on the same day to discuss the financial results and provide a company update [1] - A live listen-only webcast of the conference call can be accessed on Johnson Outdoors' home page [2] - A replay of the webcast will be available on the Investor section of the company's website for 30 days [2] Company Overview - Johnson Outdoors is a leading global innovator of outdoor recreation equipment and technologies [3] - The company designs manufactures and markets consumer-preferred brands across four categories: Watercraft Recreation Fishing Diving and Camping [3] - Iconic brands under Johnson Outdoors include Old Town canoes and kayaks Carlisle paddles Minn Kota trolling motors Cannon downriggers Humminbird marine electronics SCUBAPRO dive equipment and Jetboil outdoor cooking systems [3] Contact Information - Patricia Penman can be contacted at 262-631-6600 for further inquiries [5]
Johnson Outdoors Inc. Annual Shareholders Meeting
Newsfilter· 2025-01-03 16:00
Annual Shareholders Meeting - Johnson Outdoors Inc will hold its Annual Shareholders meeting on February 27 2025 at 8:00 a m Central Standard Time [1] - The meeting will be a completely virtual meeting accessible to shareholders of record as of December 19 2024 [1] - Shareholders can attend vote and submit questions during the live webcast by visiting www virtualshareholdermeeting com JOUT2025 and entering their 16-digit control number [1] - A live listen-only webcast of the Annual Meeting can also be accessed at Johnson Outdoors home page with a replay available for 30 days [2] Proxy Statement and Annual Report - Information pertinent to the items to be voted upon during the Annual Meeting will be available in the Proxy Statement mailed to shareholders of record on or about January 10 2025 [3] - The Proxy Statement will be filed with the Securities and Exchange Commission on the same date [3] - The Company's Annual Report and Proxy Statement will also be available on the Company's website at www johnsonoutdoors com under Investors [3] Company Overview - Johnson Outdoors Inc is a leading global innovator of outdoor recreation equipment and technologies [4] - The company designs manufactures and markets a portfolio of consumer-preferred brands across four categories: Watercraft Recreation Fishing Diving and Camping [4] - Iconic brands include Old Town canoes and kayaks Carlisle paddles Minn Kota trolling motors shallow water anchors and battery chargers Cannon downriggers Humminbird marine electronics and charts SCUBAPRO dive equipment and Jetboil outdoor cooking systems [4]
Johnson Outdoors: Upgrading To Buy On Inventory Progress
Seeking Alpha· 2024-12-15 12:28
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This writing is for informational purposes only. All opinions expressed herein are not investment rec ...
Johnson Outdoors (JOUT) - 2024 Q4 - Annual Report
2024-12-11 20:05
Fishing Segment - The company's Fishing segment generates the majority of its sales from North America, with key brands including Minn Kota, Humminbird, and Cannon, sold through large outdoor specialty retailers, distributors, and direct-to-consumer channels[16] - The company's Fishing segment includes Minn Kota, Humminbird, and Cannon brands, with sales primarily in North America through retailers like Bass Pro Shops and Cabela's[16] - The company's Fishing segment faces competition from brands like Lowrance, Garmin, and Power-Pole, with a focus on technological innovation and product quality[34] - The company's main competitors in the Fishing segment include Lowrance, Garmin, and Power-Pole, with competition focused on technological innovation and product quality[34] Camping Segment - The company plans to fully exit the Eureka! brand by the end of 2024, focusing future Camping segment resources on the Jetboil product line[18] - The company's Camping segment focuses on the Jetboil product line after exiting the Eureka! brand, with plans to wind down operations by the end of 2024[18] - The company's Camping segment competes with MSR in the portable outdoor cooking systems market, emphasizing product size, weight, and reliability[36] Watercraft Recreation Segment - The company's Watercraft Recreation segment markets canoes, kayaks, and accessories under the Old Town brand, primarily sold in the U.S. and Canada through specialty dealers and direct-to-consumer channels[23] - The company's Watercraft Recreation segment includes Old Town canoes and kayaks, sold through specialty dealers and online channels[23] - The company's Watercraft Recreation segment competes with brands like Hobie and Pelican International in the kayak and canoe market, focusing on design, performance, and price[37] - In the Watercraft Recreation segment, the company competes with Hobie, Pelican International, Wenonah Canoe, Jackson Kayak, and Legacy Paddlesports, focusing on product design and performance[37] Diving Segment - The company's Diving segment markets SCUBAPRO diving equipment to premium recreational and technical diving markets, sold through specialty dive stores and direct-to-consumer channels[26] - The company's Diving segment markets SCUBAPRO products to recreational and technical divers, sold through specialty dive stores and online[26] - The company's Diving segment competes with Aqua Lung and Suunto in the life support product category, emphasizing innovation, performance, and safety[38] - The company's Diving segment faces competition from Aqua Lung, Suunto, Atomic Aquatics, Oceanic, Cressi, and Mares, with a focus on product innovation and safety[38] Employee and Labor Information - The company has approximately 1,200 full-time employees, with 950 in the U.S. and 250 outside the U.S., and 4% represented by a collective bargaining agreement[40] - The company has approximately 1,200 regular, full-time employees, with 950 in the United States and 250 outside the United States, and 4% represented by a collective bargaining agreement[40] Research and Development - The company commits significant resources to research and development across all business segments, with activities conducted in multiple global locations[30] - The company's R&D activities are conducted across multiple locations globally, including Mankato, Little Falls, Alpharetta, Toronto, Eufaula, Zurich, Casarza Ligure, Old Town, and Racine[30][31] - The company capitalizes software development and bathymetry data collection costs once technological feasibility is established, amortizing them over the expected useful life[32] Seasonality and Sales Performance - The company's products are seasonal, with higher sales in the quarters ending March and June, and lower sales in the quarters ending September and December[46] - In fiscal 2024, net sales percentages by quarter were: December 23%, March 30%, June 29%, September 18%[48] - Operating profit percentages by quarter for fiscal 2024 were: December 0%, March 1%, June 1%, September 98%[48] - The company's seasonality returned to pre-COVID levels in fiscal 2024 and 2023, after being disrupted by pandemic-related demand in 2022[46] - The company mitigates seasonality by encouraging customers to purchase and take delivery of products more evenly throughout the year[46] - The company's net sales for Q4 2024 were 23% of total annual sales, with operating loss at 0%, while Q4 2023 net sales were 27% with operating profit at 47%[48] - The company's products are seasonal, with higher sales in Q1 and Q2 (March and June) and lower sales in Q3 and Q4 (September and December)[46] Manufacturing and Supply Chain - The company operates manufacturing facilities in the US, Italy, and Indonesia, with some products manufactured by third-party sources in Asia[15][20][25] - The company mitigates supply chain risks through safety stock, forecast-based supply contracts, and just-in-time inventory strategies[45] Environmental Compliance - The company complies with environmental laws and regulations, with no material adverse effects expected on capital expenditures or earnings due to environmental compliance[49]
Johnson Outdoors' Q4 Earnings and Revenues Miss Estimates
ZACKS· 2024-12-11 13:26
Johnson Outdoors Inc. (JOUT) reported dismal fourth-quarter fiscal 2024 (ended Sept. 27, 2024) results, with earnings and revenues missing the Zacks Consensus Estimate. The top line increased year over year, while the bottom line fell from the prior-year quarter figure.Challenging market conditions and heightened competitive pressures led to reduced sales and an operating loss for the fiscal year 2024. The company anticipates the headwinds to persist in the near term.Stay up-to-date with all quarterly relea ...
Johnson Outdoors (JOUT) - 2024 Q4 - Annual Results
2024-12-10 11:30
EXHIBIT 99.1 Johnson Outdoors Reports Results for Fiscal Year 2024 RACINE, Wis., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq:JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced operating results for the fiscal year ending September 27, 2024. "Challenging marketplace conditions and competitive pressures resulted in lower sales and an operating loss for our 2024 fiscal year. In this challenging environment, we invested in resources against our ...
Johnson Outdoors to Release Fiscal 2024 Fourth Quarter Results on December 10, 2024
GlobeNewswire News Room· 2024-11-25 16:30
RACINE, Wis., Nov. 25, 2024 (GLOBE NEWSWIRE) -- JOHNSON OUTDOORS INC. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, will release financial results for the Fiscal 2024 fourth quarter on Tuesday, December 10, 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. A live listen-only webcast of the conference call may be a ...
Here's Why Investors Must Retain Johnson Outdoors Stock for Now
ZACKS· 2024-10-15 16:55
Johnson Outdoors Inc. (JOUT) is benefiting from strategic investments to improve its profitability and undertaking cost savings efforts to enhance margins. Also, the company trading at a discount compared with its peers is an additional advantage that should be noticed by investors in the market. The Zacks Consensus Estimate of the company's fourth quarter of fiscal 2024 earnings indicates year-over-year growth of 56.4%. Also, the earnings estimate for fiscal 2025 indicates a whopping 2,328.6% growth trend. ...
U.S. Camping and Hiking Gear Market Report 2024-2030 Featuring The North Face, Coleman, Johnson Outdoors, Cascade Designs, Osprey Packs, and Exxel Outdoors
GlobeNewswire News Room· 2024-08-08 15:13
Dublin, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The "U.S. Camping and Hiking Gear Market Size, Share & Trends Analysis Report by Product (Tents & Shelters, Sleeping Bags/ Airbeds), Price Range, Distribution Channel, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. camping and hiking gear market size was estimated to reach USD 11.45 billion in 2030 and is expected to grow at a CAGR of 4.2% from 2024 to 2030 There has been a significant shift towards outdoor rec ...
Johnson Outdoors (JOUT) - 2024 Q3 - Quarterly Report
2024-08-05 19:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 0-16255 JOHNSON OUTDOORS INC. (Exact name of Registrant as specified in its charter) Wisconsin 39-1536083 (State or other ju ...