Johnson Outdoors Q3 sales beat estimates

Johnson Outdoors

01/08/2025 11:08

Overview

Johnson Outdoors fiscal Q3 sales rise 5% to $180.7 mln, beating estimates

Operating profit reaches $7.3 mln, reversing prior year loss of $0.5 mln

Net income jumps to $7.7 mln, or $0.75 per share, from $1.6 mln

Outlook

Johnson Outdoors, fishing and camping equipment maker, addresses tariff uncertainties with strategic cost mitigation

Company aims to end year with strong brand positioning

Result Drivers

FISHING SEGMENT - Revenue increased 8% due to success of new products

DIVING SEGMENT - Revenue rose 7% due to stronger market conditions and favorable currency translation

CAMPING & WATERCRAFT - Sales declined 14% due to exit of Eureka! business, but would have improved 3% excluding this impact

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$180.66 mln
$176.60 mln (1 Analyst)
Q3 EPS
$0.75
Q3 Net Income
$7.74 mln
Q3 Gross Profit
$67.93 mln
Q3 Operating Income
$7.33 mln
Q3 Pretax Profit
$10.50 mln


Analyst Coverage

Wall Street's median 12-month price target for Johnson Outdoors Inc is $50.00, about 33.6% above its July 31 closing price of $33.20

The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nGNX5bX1cN

(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.)