Johnson Outdoors Q1 revenue rises 31%, net loss narrows

Johnson Outdoors

06/02/2026 11:08

Overview

Outdoor recreation firm's fiscal Q1 revenue rose 31% yr/yr

Net loss for fiscal Q1 narrowed significantly compared to last year

Company's gross margin improved due to better overhead absorption and cost savings

Outlook

Company will continue to manage costs while protecting investments to strengthen business

Johnson Outdoors ramps up for primary selling period in second and third fiscal quarters

Company sees benefit from operational efficiency efforts, improving margins and inventory levels

Result Drivers

FISHING SEGMENT - Revenue increased 36% due to successful new product launches and improved trade inventory levels

CAMPING & WATERCRAFT - Sales rose 12% primarily due to new product success and growth in the e-commerce channel

DIVING SALES - Increased 15% driven by improvement across global markets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$140.94 mln
$123.95 mln (1 Analyst)
Q1 EPS
-$0.33
Q1 Net Income
-$3.30 mln
Q1 Gross Profit
$51.61 mln
Q1 Operating Income
-$2.91 mln
Q1 Pretax Profit
-$1.26 mln


Analyst Coverage

Wall Street's median 12-month price target for Johnson Outdoors Inc is $52.00, about 7.5% above its February 5 closing price of $48.38

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nGNX4sssxX

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)