Johnson Outdoors Reports Fiscal Second Quarter Results
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Johnson Outdoors (JOUT) Tops Q2 EPS by 42c, Revenues Beat
May 5, 2020 5:48 AM EDTJohnson Outdoors (NASDAQ: JOUT) reported Q2 EPS of $2.02, $0.42 better than the analyst estimate of $1.60. Revenue for the quarter came in at $163.1 million versus the consensus estimate of $161.37 million.
SECOND QUARTER RESULTS
Sales in the second fiscal quarter reflect shipments in anticipation of the primary retail-selling period for the outdoor recreation industrys warm-weather products. Net sales decreased 8 percent to $163.1 million in the current fiscal second quarter compared with $177.7 million in the previous year quarter. Government-mandated stay-at-home orders resulted in temporary suspensions across Company operations around the world during the quarter and were a key contributing... More
