Johnson Outdoors. Earnings Calls

Q4 2024 Missed
-$1.49 (-14.62%)
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%
Q3 2024 Missed
-$3.35 (-241.84%)
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%
Q2 2024 Missed
$0.160 (-27.27%)
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%
Q1 2024 Missed
$0.210 (-81.25%)
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.

Q1 2024 Missed
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%
Q2 2024 Missed
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%
Q3 2024 Missed
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%
Q4 2024 Missed
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.

Johnson Outdoors. Earnings History

Earnings Calendar

FAQ

When is the earnings report for JOUT?
Johnson Outdoors Inc. (JOUT) has scheduled its earnings report for May 02, 2025 before the markets open.

What is the JOUT price-to-earnings (P/E) ratio?
JOUT P/E ratio as of Mar 14, 2025 (TTM) is -5.62.

What is the JOUT EPS forecast?
The forecasted EPS (Earnings Per Share) for Johnson Outdoors Inc. (JOUT) for the first fiscal quarter 2025 is $0.500.

What are Johnson Outdoors Inc.'s retained earnings?
On its balance sheet, Johnson Outdoors Inc. reported retained earnings of $107.65 million for the latest quarter ending Dec 27, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT JOHNSON OUTDOORS INC.
Johnson Outdoors.
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing. This s...
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