Johnson Outdoors reports higher Q4 sales

Overview

• Outdoor recreation equipment maker's fiscal 2025 revenue flat at $592.4 mln

• Company's gross margin improved to 35.1% due to better overhead absorption

• Net loss for fiscal 2025 was $34.3 mln, impacted by deferred tax reserve

Outlook

• Company continues to invest in innovation and operational efficiencies for future success

• Company plans to manage costs strategically while investing in business strengthening

Result Drivers

• NEW PRODUCTS - Double-digit growth in the second half of the year driven by new product successes, according to CEO Helen Johnson-Leipold

• GROSS MARGIN IMPROVEMENT - Gross margin increased to 35.1% due to improved overhead absorption and reduced inventory reserves

• COST SAVINGS - Operating expenses decreased by $20.2 mln, driven by reduced promotional spending and lower deferred compensation costs

Key Details

Analyst Coverage

• Wall Street's median 12-month price target for Johnson Outdoors Inc is $52.00, about 20.9% above its December 11 closing price of $43.00

• The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 47 three months ago

Press Release: ID:nGNX8Zkk2f

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