Johnson Outdoors (JOUT) Tops Q4 EPS by 48c

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Go back to Johnson Outdoors (JOUT) Tops Q4 EPS by 48c

Johnson Outdoors Reports Fiscal 2022 Results

December 9, 2022 6:00 AM EST

RACINE, Wis., Dec. 09, 2022 (GLOBE NEWSWIRE) -- Johnson Outdoors Inc. (Nasdaq: JOUT), a leading global innovator of outdoor recreation equipment and technology, today announced slightly lower sales and decreased earnings for the fiscal year ending September 30, 2022.   Fiscal 2022 sales fell 1 percent compared to the previous record-high fiscal year, while operating profit decreased 40 percent and net income fell 47 percent over the prior fiscal year.

While fiscal 2022 sales remained relatively flat compared to fiscal 2021, which was one of our strongest fiscal years, the challenging supply chain situation, primarily in our Fishing business, resulted... More