Johnson Outdoors Reports Fiscal Third Quarter Results
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Johnson Outdoors (JOUT) Misses Q3 EPS by 18c
August 2, 2019 6:11 AM EDTJohnson Outdoors (NASDAQ: JOUT) reported Q3 EPS of $2.19, $0.18 worse than the analyst estimate of $2.37. Revenue for the quarter came in at $176.25 million versus the consensus estimate of $176.68 million.
Fiscal third quarter results reflect in-season replenishment orders for the Companys warm-weather outdoor recreation products. Total Company net sales increased 3 percent to $176.3 million compared to $170.8 million in the previous year quarter. Key factors behind the year-over-year comparison in each business unit were:
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