Workflow
Johnson Outdoors (JOUT) - 2025 Q2 - Quarterly Results
JOUTJohnson Outdoors (JOUT)2025-05-02 13:32

Financial Performance - Total Company net sales in the second quarter declined 4 percent to 168.3millioncomparedto168.3 million compared to 175.9 million in the prior year second fiscal quarter [3] - Total Company operating profit was 4.9millionforthesecondfiscalquarterversusanoperatinglossof4.9 million for the second fiscal quarter versus an operating loss of (0.25) million in the prior year second quarter [4] - Net income was 2.3million,or2.3 million, or 0.22 per diluted share, compared to 2.2million,or2.2 million, or 0.21 per diluted share in the previous year's second quarter [5] - Fiscal 2025 year-to-date net sales were 276.0 million, a 12.2 percent decrease over last year's first fiscal six-month period [6] Revenue Breakdown - Fishing revenue decreased 3 percent due to continued market and macroeconomic dynamics affecting consumers [8] - Camping & Watercraft Recreation sales were down 12 percent, with growth in Jetboil partially offsetting declines in watercraft [8] Expenses and Investments - Operating expenses decreased by 7.7 million from the prior year period to 54.0million[4]TheCompanyreportedcashandshortterminvestmentsof54.0 million [4] - The Company reported cash and short-term investments of 94.0 million as of March 28, 2025 [9] Tax and Tariff Impacts - The effective tax rate was 44.6 percent compared to 28.4 percent in the prior year second quarter [5] - The Company is working on multiple paths to mitigate tariff impacts despite being an American company with U.S.-based manufacturing [2]