Johnson Outdoors (JOUT) Misses Q3 EPS by 55c, Revenues Miss
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Johnson Outdoors Reports Fiscal Third Quarter Results
July 31, 2020 6:00 AM EDTRACINE, Wis., July 31, 2020 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, today reported lower sales and net income during the Companys 2020 third fiscal quarter ending June 26, 2020, compared to the prior year quarter. Year-to-date revenue and net income also declined.
As expected, the COVID-19 pandemic had a significant impact on the quarter. Strong momentum in Fishing, Watercraft Recreation and Camping in May and June could not offset the pandemic-related impact on operations in April. Stay-at-home mandates hit during the heart of... More
