Johnson Outdoors Shares Slide After Q4 Earnings Miss, Hit By Market Challenges And Lower Margins [Yahoo! Finance]
Johnson Outdoors Inc. - Class A (JOUT)
Last johnson outdoors inc. - class a earnings: 1/31 05:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.johnsonoutdoors.com
Company Research
Source: Yahoo! Finance
The company's sales grew 9.9% year-over-year to $105.9 million, missing the consensus of $114.99 million. Loss per share was $3.35, missing the consensus loss of $0.98. Gross margin contracted 600 bps to 23.5%, primarily due to higher promotional discounts, a shift in product mix favoring lower-margin items, and inventory reserves for slow-moving and obsolete stock. Gross profit was down 12.4% to $24.87 million. The operating loss widened to $42.8 million in the quarter, compared to $22.6 million in the same quarter last year. Operating expenses rose mainly due to the goodwill write-off, leading to a pre-tax loss of $39.7 million this quarter versus a $22.1 million loss last year. As of September 27, 2024, the company held $162.0 million in cash and investments, a $9.5 million increase year over year, and had no debt. Fiscal 2024 revenue declined 11% YoY to $592.8 million from $663.8 million in fiscal 2023 due to market challenges and lower demand across all segments. The
Show less
Read more
Impact Snapshot
Event Time:
JOUT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JOUT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JOUT alerts
High impacting Johnson Outdoors Inc. - Class A news events
Weekly update
A roundup of the hottest topics
JOUT
News
- Johnson Outdoors' Q4 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
- Johnson Outdoor (JOUT) Reports Q4 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Johnson Outdoors (NASDAQ:JOUT) Misses Q3 Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Johnson Outdoors Reports Results for Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- Johnson Outdoors Reports Results for Fiscal Year 2024GlobeNewswire
JOUT
Earnings
- 12/10/24 - Miss
JOUT
Sec Filings
- 12/11/24 - Form 10-K
- 12/10/24 - Form 8-K
- 12/9/24 - Form 4
- JOUT's page on the SEC website