Johnson Outdoors Reports Fiscal First Quarter Results
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Johnson Outdoors (JOUT) Misses Q1 EPS by 4c, Revenues Miss
February 4, 2019 6:06 AM ESTJohnson Outdoors (NASDAQ: JOUT) reported Q1 EPS of $0.35, $0.04 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $104.4 million versus the consensus estimate of $116.79 million.
We are building momentum behind an exciting new product line-up, particularly in Fishing, as we head into the primary selling period for our warm-weather outdoor products. At this time, we continue to anticipate year-over-year revenue growth in fiscal 2019. We believe our brands are well-positioned for marketplace success and confident in Johnson Outdoors sustained industry leadership long-term, said Helen Johnson-Leipold, Chairman and Chief Executive Officer.
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