Johnson Outdoors (NASDAQ:JOUT) Issues Quarterly Earnings Results

Johnson Outdoors (NASDAQ:JOUT) posted its quarterly earnings results on Friday. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.02, Zacks reports. Johnson Outdoors had a positive return on equity of 0.83% and a negative net margin of 3.56%.The business had revenue of $194.48 million during the quarter, compared to the consensus estimate of $185.09 million.

Here are the key takeaways from Johnson Outdoors’ conference call:

• Johnson Outdoors reported strong top-line growth with 15.5% revenue growth in Q2 and 21.5% year-to-date, with all business segments contributing to the improvement.
• Profitability improved meaningfully — Q2 gross margin rose to 38.8% (up 3.8 points) and operating income recovered due to higher volumes, overhead absorption, and ongoing cost‑savings programs, while the company remains debt-free and continues paying a meaningful dividend.
• The fishing segment showed particularly strong momentum driven by unit volume growth, pricing and product innovation (notably Humminbird’s XPLORE series and MEGA Live 2, plus Minn Kota trolling motors), which management views as a key growth driver.
• Management flagged near‑term pressures — operating expenses rose about $11.2M (volume-related costs and higher variable compensation), component/input cost volatility could pressure margins, inventory was modestly increased, and tax expense may vary due to valuation allowance effects.

Johnson Outdoors Price Performance

Shares of NASDAQ:JOUT traded down $1.96 on Friday, hitting $51.54. 118,202 shares of the company’s stock were exchanged, compared to its average volume of 71,112. Johnson Outdoors has a 12 month low of $25.18 and a 12 month high of $53.54. The stock has a market capitalization of $536.53 million, a price-to-earnings ratio of -23.53, a price-to-earnings-growth ratio of 3.78 and a beta of 0.89. The business’s 50 day simple moving average is $48.69 and its two-hundred day simple moving average is $45.42.

Johnson Outdoors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, April 16th. Johnson Outdoors’s dividend payout ratio (DPR) is -60.27%.

Insider Buying and Selling at Johnson Outdoors

In other news, Director Richard Casey Sheahan sold 7,580 shares of Johnson Outdoors stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $49.77, for a total transaction of $377,256.60. Following the completion of the sale, the director directly owned 5,739 shares in the company, valued at approximately $285,630.03. This trade represents a 56.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 28.21% of the company’s stock.

Institutional Trading of Johnson Outdoors

Institutional investors and hedge funds have recently made changes to their positions in the business. CANADA LIFE ASSURANCE Co lifted its position in shares of Johnson Outdoors by 57.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,018 shares of the company’s stock worth $43,000 after purchasing an additional 373 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Johnson Outdoors during the fourth quarter valued at $50,000. Raymond James Financial Inc. purchased a new position in shares of Johnson Outdoors during the second quarter valued at $52,000. Deutsche Bank AG increased its stake in shares of Johnson Outdoors by 21.1% during the fourth quarter. Deutsche Bank AG now owns 3,091 shares of the company’s stock valued at $131,000 after buying an additional 538 shares during the period. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of Johnson Outdoors during the third quarter valued at $229,000. 64.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JOUT has been the subject of several recent analyst reports. Zacks Research downgraded Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Wall Street Zen lowered shares of Johnson Outdoors from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Key Johnson Outdoors News

Here are the key news stories impacting Johnson Outdoors this week:

• Positive Sentiment: Second-quarter net sales rose 16% to $194.5 million, with growth across all segments and an 18% increase in fishing revenue, helping drive the upbeat reaction. Johnson Outdoors Reports Fiscal Second Quarter Results
• Positive Sentiment: Adjusted results beat expectations, with EPS of $0.89 topping the consensus $0.87 and revenue exceeding estimates of $185.1 million. Johnson Outdoor (JOUT) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Operating income improved to $10.3 million from $4.9 million a year ago, while gross margin expanded to 38.8% from 35.0%, showing better efficiency and profitability. Johnson Outdoors Inc. Q2 2026 Earnings Call Transcript
• Positive Sentiment: Year-to-date results turned positive, with net income of $6.1 million versus a loss last year, and cash and short-term investments rose to $107.9 million, supporting financial flexibility. Johnson Outdoors Inc. Reports Strong Second Quarter Results with 16% Net Sales Growth

Johnson Outdoors Company Profile

Johnson Outdoors Inc is a diversified outdoor recreation company that develops, manufactures and markets a broad range of gear and equipment for marine and land-based activities. The company operates through two primary segments: the Marine Electronics & Boat Group and the Outdoor Products Group. Its marine offerings include electric motors and anchors under the Minn Kota® brand, fish-finding and sonar systems under the Humminbird® brand, and a lineup of recreational watercraft under the Old Town® and Ocean Kayak® names.