Johnson Outdoors down after dour Q1 results
03/02/2025 16:43
** Shares of fishing and camping equipment maker Johnson
Outdoors JOUT.O down as much as 8.4% at more than an
eight-year low of $29.68
** Company's Q1 net sales down ~22% from a year ago, led by
a decline in sales in its fishing, camping and watercraft
recreation, and diving segments
** JOUT also reports net loss of $1.49 per share, compared
with a 38-cent-per-share profit a year ago
** Shares fell ~38% in 2024
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com))