Johnson Outdoor (JOUT) Reports Q1 Loss, Tops Revenue Estimates

Core Viewpoint - Johnson Outdoor reported a quarterly loss of $1.49 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.30, and a significant decline from earnings of $0.38 per share a year ago, indicating ongoing financial struggles for the company [1][2] Financial Performance - The company posted revenues of $107.65 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 2.82%, but down from $138.64 million in the same quarter last year [2] - Over the last four quarters, Johnson Outdoor has consistently failed to surpass consensus EPS estimates, with a notable earnings surprise of -14.62% this quarter and a previous quarter surprise of -241.84% [1][2] Stock Performance - Johnson Outdoor shares have declined approximately 1.8% since the beginning of the year, contrasting with the S&P 500's gain of 2.7%, indicating underperformance in the market [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.66 on revenues of $178.2 million, while for the current fiscal year, the estimate is -$0.25 on revenues of $592.06 million [7] - The trend of estimate revisions for Johnson Outdoor is currently unfavorable, resulting in a Zacks Rank 4 (Sell), suggesting that the stock is expected to underperform the market in the near future [6] Industry Context - The Leisure and Recreation Products industry, to which Johnson Outdoor belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, which may negatively impact the stock's performance [8]