Johnson Outdoors Q1 Earnings Lag Estimates, Sales Beat, Stock Tumbles

Johnson Outdoors Inc. (JOUT) reported mixed results for the first quarter of fiscal 2025 (ended Dec. 27, 2024). It incurred a quarterly loss, which is wider than the Zacks Consensus Estimate and last year’s reported value. Quarterly net sales surpassed the consensus mark but declined year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results reflect negative impacts of the ongoing market challenges, a cautious retail and trade channel environment, and competitiv ...