Johnson Outdoors Inc. Stock Earnings Reports
Johnson Outdoors. Earnings Calls
Release date | Feb 03, 2025 |
EPS estimate | -$1.30 |
EPS actual | -$1.49 |
EPS Surprise | -14.62% |
Revenue estimate | 178.273M |
Revenue actual | 107.649M |
Revenue Surprise | -39.62% |
Release date | Dec 10, 2024 |
EPS estimate | -$0.98 |
EPS actual | -$3.35 |
EPS Surprise | -241.84% |
Revenue estimate | 133.923M |
Revenue actual | 105.874M |
Revenue Surprise | -20.94% |
Release date | Aug 05, 2024 |
EPS estimate | $0.220 |
EPS actual | $0.160 |
EPS Surprise | -27.27% |
Revenue estimate | 120.54M |
Revenue actual | 172.472M |
Revenue Surprise | 43.08% |
Release date | May 03, 2024 |
EPS estimate | $1.12 |
EPS actual | $0.210 |
EPS Surprise | -81.25% |
Revenue estimate | 198.85M |
Revenue actual | 175.856M |
Revenue Surprise | -11.56% |
Last 4 Quarters for Johnson Outdoors.
Below you can see how JOUT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | May 03, 2024 |
Fiscal end date | Mar 29, 2024 |
Price on release | $37.83 |
EPS estimate | $1.12 |
EPS actual | $0.210 |
EPS surprise | -81.25% |
Date | Price |
---|---|
Apr 29, 2024 | $41.02 |
Apr 30, 2024 | $41.01 |
May 01, 2024 | $41.91 |
May 02, 2024 | $42.61 |
May 03, 2024 | $37.83 |
May 06, 2024 | $37.63 |
May 07, 2024 | $37.84 |
May 08, 2024 | $37.95 |
May 09, 2024 | $38.01 |
4 days before | -7.78% |
4 days after | 0.476% |
On release day | -0.529% |
Change in period | -7.34% |
Release date | Aug 05, 2024 |
Fiscal end date | Jun 28, 2024 |
Price on release | $36.13 |
EPS estimate | $0.220 |
EPS actual | $0.160 |
EPS surprise | -27.27% |
Date | Price |
---|---|
Jul 30, 2024 | $41.91 |
Jul 31, 2024 | $42.40 |
Aug 01, 2024 | $40.76 |
Aug 02, 2024 | $40.54 |
Aug 05, 2024 | $36.13 |
Aug 06, 2024 | $36.35 |
Aug 07, 2024 | $36.11 |
Aug 08, 2024 | $36.20 |
Aug 09, 2024 | $36.28 |
4 days before | -13.79% |
4 days after | 0.415% |
On release day | 0.609% |
Change in period | -13.43% |
Release date | Dec 10, 2024 |
Fiscal end date | Sep 27, 2024 |
Price on release | $35.00 |
EPS estimate | -$0.98 |
EPS actual | -$3.35 |
EPS surprise | -241.84% |
Date | Price |
---|---|
Dec 04, 2024 | $33.74 |
Dec 05, 2024 | $33.16 |
Dec 06, 2024 | $33.48 |
Dec 09, 2024 | $34.44 |
Dec 10, 2024 | $35.00 |
Dec 11, 2024 | $35.38 |
Dec 12, 2024 | $36.69 |
Dec 13, 2024 | $38.20 |
Dec 16, 2024 | $37.20 |
4 days before | 3.73% |
4 days after | 6.29% |
On release day | 1.09% |
Change in period | 10.25% |
Release date | Feb 03, 2025 |
Fiscal end date | Dec 27, 2024 |
Price on release | $29.49 |
EPS estimate | -$1.30 |
EPS actual | -$1.49 |
EPS surprise | -14.62% |
Date | Price |
---|---|
Jan 28, 2025 | $32.39 |
Jan 29, 2025 | $32.38 |
Jan 30, 2025 | $32.93 |
Jan 31, 2025 | $32.40 |
Feb 03, 2025 | $29.49 |
Feb 04, 2025 | $28.80 |
Feb 05, 2025 | $28.70 |
Feb 06, 2025 | $29.42 |
Feb 07, 2025 | $28.92 |
4 days before | -8.95% |
4 days after | -1.93% |
On release day | -2.34% |
Change in period | -10.71% |
Johnson Outdoors. Earnings Call Transcript Summary of Q4 2024
Emphasis on Innovation
The company is investing significantly in innovation, enhancing consumer-centric approaches, and restructuring its go-to-market strategy to drive growth and improve profitability.
Financial Highlights:
- Debt-Free Status: Johnson Outdoors maintains a debt-free balance sheet, providing a competitive advantage and allowing reinvestment in strategic priorities.
- Inventory Management: Inventory levels have decreased by $51.7 million from the previous year to $209.8 million. Effective inventory management led to positive cash flow despite challenges.
- Gross Margin Decline: The gross margin declined due to increased promotional pricing, a shift towards lower-margin products, and higher inventory reserves.
- Operational Cost Savings: Initiatives in operational efficiencies led to approximately 2 points benefit in gross margin for the fiscal year. However, increased operating expenses primarily stemmed from a goodwill impairment charge and higher reserves.
Strategic Focus Areas:
- Product Innovation: Enhancements include dedicated research efforts and consumer insights to improve product launches in key categories like fishing and watercraft. Notable upcoming products include MEGA Live 2 and entries into new categories.
- Operational Efficiency Expansion: The company aims to continue exploring opportunities for cost savings, including logistics and sourcing improvements.
Outlook and Challenges:
- Continued Competitive Landscape: Johnson Outdoors acknowledges the competitive nature of the outdoor recreation market and plans to adapt to consumer changes.
- Future Investments: The company is committed to investing in strategic areas that will lead to long-term growth, despite the challenging current environment.
- Potential Tariffs: The management is monitoring possible future tariffs on imports and is discussing mitigation strategies based on past experiences.
Dividend Policy:
- Shareholder Returns: The board approved a dividend, reinforcing the company’s commitment to providing returns to shareholders despite fiscal challenges.
Conclusion:
Investors should be aware of Johnson Outdoors' focus on navigating a tough marketplace through innovation, operational efficiency, and strategic investments while maintaining a strong balance sheet. The outlook suggests continued efforts to enhance product offerings and manage operational costs, despite facing competitive pressures.