JOHNSON OUTDOORS (JOUT) Company Report

Johnson Outdoors reported flat total company sales for fiscal year 2025, with an operating loss of $16.2 million, an improvement compared to fiscal 2024.
Gross margin improved to 35.1%, up 1.2 points from the prior year, driven by cost savings initiatives, higher volumes, and reduced inventory reserves. Operating expenses decreased by 8%, or $20.2 million, from the prior fiscal year.
The company achieved positive cash flow from operations for the third consecutive year, reduced its inventory balance by approximately $39 million to $170.7 million, and remains debt-free.
New product successes, particularly in fishing with Humminbird's Explore series and MEGA Live 2 fish finders, and Jetboil's fast boil cooking systems, drove double-digit growth in the second half of the year.
For fiscal 2026, the company expects global macroeconomic challenges to continue but will focus on consumer-driven innovation, digital and e-commerce excellence, and operational efficiencies, anticipating a normal tax rate in the mid to high 20s.

7 days ago

Johnson Outdoors Reports Fiscal 2025 Results

JOUT

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Johnson Outdoors reported flat total company sales for fiscal 2025, but experienced double-digit growth in the second half of the year driven by new product successes.
The company significantly improved its financial performance, with an operating loss of $16.2 million and a pre-tax loss of $9.3 million in fiscal 2025, both improved from the prior year.
Gross margin for fiscal 2025 improved by 1.2 points to 35.1%, attributed to cost savings, overhead absorption from higher volumes, and reduced inventory reserves.
Operating expenses decreased by 8%, or $20.2 million, and the company achieved positive cash flow from operations for the third consecutive year, reducing inventory to $170.7 million.
While global macroeconomic challenges are expected to persist, the company anticipates a normal tax rate in the mid to high 20s for fiscal 2026 and will continue to focus on innovation, digital excellence, and operational efficiencies.

7 days ago

Johnson Outdoors Reports Flat Fiscal 2025 Sales with Improved Profitability and Positive Momentum

JOUT

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Johnson Outdoors reported flat total company sales for fiscal year 2025, but experienced double-digit growth in the second half, driven by new product successes in fishing, and a 2% growth in camping and watercraft excluding the Eureka brand exit.
The company significantly improved profitability, with an operating loss of $16.2 million and a pre-tax loss of $9.3 million for fiscal 2025, alongside a 1.2 point increase in gross margin to 35.1% and an 8% ($20.2 million) decrease in operating expenses.
Johnson Outdoors maintained a debt-free balance sheet with a healthy cash position, generated positive cash flow from operations for the third consecutive year, and reduced inventory by approximately $39 million to $170.7 million.
For fiscal 2026, the company will continue to prioritize consumer-driven innovation, digital and e-commerce excellence, and operational efficiencies, expecting a "normal" effective tax rate in the mid to high 20s.

7 days ago

Johnson Outdoors Inc. Reports Fiscal Year 2025 Results

JOUT

Earnings

Demand Weakening

Dividends

Johnson Outdoors Inc. reported fiscal year 2025 revenue of $592.4 million, which was essentially flat compared to the prior fiscal year's $592.8 million.
The company's operating loss improved to $16.2 million in fiscal 2025, compared to a $43.5 million loss in the prior year, with gross margin increasing to 35.1 percent from 33.9 percent.
The net loss for fiscal year 2025 was $34.3 million, or $3.35 per diluted share, significantly impacted by an income tax expense of $25.0 million, which included a $25.9 million non-cash reserve on U.S. deferred tax assets.
As of October 3, 2025, the company maintained a strong financial position with $176.4 million in cash and investments and no debt on its balance sheet.
In September 2025, the Board of Directors approved a quarterly cash dividend.

7 days ago

Johnson Outdoors Reports Fiscal Year 2025 Results

JOUT

Earnings

Dividends

Demand Weakening

Johnson Outdoors reported total revenue of $592.4 million for fiscal year 2025, which was essentially flat compared to $592.8 million in fiscal year 2024.
The company's operating loss improved to $16.2 million in fiscal 2025, from an operating loss of $43.5 million in the prior fiscal year.
Net loss for fiscal year 2025 was $34.3 million, or $3.35 per diluted share, compared to a net loss of $26.5 million, or $2.60 per diluted share, in fiscal 2024, largely due to a $25.9 million non-cash reserve on U.S. deferred tax assets.
As of October 3, 2025, cash and investments increased by $14.4 million to $176.4 million, and the company has no debt on its balance sheet.
For the fourth quarter of fiscal 2025, net sales increased to $135.8 million from $105.8 million in the prior year's fourth quarter, and the operating loss improved to $8.2 million from $42.8 million.