Overview

* Johnson Outdoors ( JOUT ) fiscal Q3 sales rise 5% to $180.7 mln, beating estimates

* Operating profit reaches $7.3 mln, reversing prior year loss of $0.5 mln

* Net income jumps to $7.7 mln, or $0.75 per share, from $1.6 mln

Outlook

* Johnson Outdoors ( JOUT ), fishing and camping equipment maker, addresses tariff uncertainties with strategic cost mitigation

* Company aims to end year with strong brand positioning

Result Drivers

* FISHING SEGMENT - Revenue increased 8% due to success of new products

* DIVING SEGMENT - Revenue rose 7% due to stronger market conditions and favorable currency translation

* CAMPING & WATERCRAFT - Sales declined 14% due to exit of Eureka! business, but would have improved 3% excluding this impact

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $180.66 $176.60

mln mln (1

Analyst)

Q3 EPS $0.75

Q3 Net $7.74

Income mln

Q3 Gross $67.93

Profit mln

Q3 $7.33

Operatin mln

g Income

Q3 $10.50

Pretax mln

Profit

Analyst Coverage

* Wall Street's median 12-month price target for Johnson Outdoors Inc ( JOUT ) is $50.00, about 33.6% above its July 31 closing price of $33.20

* The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)