Brief: Johnson Outdoors Reports Q2 Earnings Per Share Of $2.18

Johnson Outdoors

03/05/2019 11:03

May 3 (Reuters) - Johnson Outdoors Inc  JOUT.O :
    * JOHNSON OUTDOORS REPORTS FISCAL SECOND QUARTER RESULTS
    * Q2 SALES ROSE 7 PERCENT TO $177.7 MILLION
    * Q2 EARNINGS PER SHARE $2.18
    * CONTINUE TO EXPECT MODERATE SALES GROWTH THIS FISCAL YEAR
    * REMAIN CONFIDENT IN OUR ABILITY AND PLANS TO CREATE
LONG-TERM
VALUE AND CONSISTENTLY PAY DIVIDENDS TO SHAREHOLDERS
    * TO PURSUE ADDITIONAL SECTION 301 TARIFF MITIGATION EFFORTS
FOR
OTHER AFFECTED PRODUCT COMPONENTS TO FURTHER REDUCE IMPACT ON
PROFITABILITY
    * ON MARCH 19, RECEIVED EXCLUSION FROM SECTION 301 TARIFFS
FOR A
COMPONENT FOR PRODUCTS ASSEMBLED IN UNITED STATES
    * NOW ESTIMATES A REDUCED IMPACT OF SECTION 301 TARIFFS ON
FISCAL
2019 PROFITS OF $5-7 MILLION

Source text for Eikon:  ID:nGNX7qcQdG 
Further company coverage:  JOUT.O 

 ((Reuters.Briefs@thomsonreuters.com;))