Johnson Outdoors: Surges on upbeat Q2 ahead of summer season
03/05/2019 15:25
** Shares of fishing and camping equipment maker JOUT.O
bounce 15.9% to $89.06; set for biggest one-day pct gain since
August
** Q2 rev and profit surpass analysts' estimates, helped by
higher sales in fishing and diving segment
** Says sales in qtr driven by shipments to customers ahead
of the warm-weather season
** JOUT says Q2 gross margin slightly below last year,
partly due to unfavorable impact of China tariffs
** Including Friday's gains, stock has risen 52% this year
(Reporting by Yadarisa Shabong in Bengaluru)
((yadarisa.shabong.thomsonreuters.com@reuters.net))