Johnson Outdoors Q1 2025 Filing Released
Ticker: JOUT · Form: 10-Q · Filed: Feb 3, 2025 · CIK: 788329
Sentiment: neutral
Topics: 10-Q, earnings, financials
TL;DR
Johnson Outdoors Q1 2025 filing is in. Check the numbers.
AI Summary
Johnson Outdoors Inc. reported its Q1 2025 results for the period ending December 27, 2024. The company's financial performance for this quarter is detailed in the filing, with specific figures and comparative data from the previous year's Q1 (ending December 29, 2023) available for analysis.
Why It Matters
This filing provides investors with the latest financial performance data for Johnson Outdoors Inc., crucial for understanding the company's current operational health and future prospects.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks indicated.
Key Numbers
- Q1 2025 — Fiscal Quarter (Reporting period ending December 27, 2024)
- Q1 2024 — Prior Year Quarter (Reporting period ending December 29, 2023)
Key Players & Entities
- JOHNSON OUTDOORS INC (company) — Filer
- 20241227 (date) — Conformed Period of Report
- 20250203 (date) — Filed as of Date
- 20231229 (date) — Prior Year Q1 End Date
FAQ
What were Johnson Outdoors Inc.'s total revenues for Q1 2025?
The filing does not explicitly state the total revenue figure in the provided text snippet, but it indicates the reporting period is for Q1 2025 ending December 27, 2024.
How does the Q1 2025 revenue compare to Q1 2024?
The filing provides the dates for both Q1 2025 (ending December 27, 2024) and Q1 2024 (ending December 29, 2023), suggesting a basis for comparison, but specific revenue figures are not detailed in this snippet.
What is Johnson Outdoors Inc.'s fiscal year end?
Johnson Outdoors Inc.'s fiscal year ends on October 3rd (1003).
Where is Johnson Outdoors Inc. headquartered?
Johnson Outdoors Inc. is headquartered at 555 Main Street, Racine, WI 53403-1015.
What is the SEC file number for Johnson Outdoors Inc.'s 10-Q filing?
The SEC file number for this 10-Q filing is 000-16255.
Filing Stats: 4,911 words · 20 min read · ~16 pages · Grade level 16 · Accepted 2025-02-03 13:52:53
Filing Documents
- jout-20241227.htm (10-Q) — 953KB
- jout12272024ex10_1.htm (EX-10.1) — 87KB
- jout12272024ex31_1.htm (EX-31.1) — 12KB
- jout12272024ex31_2.htm (EX-31.2) — 13KB
- jout12272024ex32.htm (EX-32) — 6KB
- 0001140361-25-002853.txt ( ) — 6416KB
- jout-20241227.xsd (EX-101.SCH) — 39KB
- jout-20241227_cal.xml (EX-101.CAL) — 73KB
- jout-20241227_def.xml (EX-101.DEF) — 261KB
- jout-20241227_lab.xml (EX-101.LAB) — 592KB
- jout-20241227_pre.xml (EX-101.PRE) — 426KB
- jout-20241227_htm.xml (XML) — 805KB
FINANCIAL INFORMATION
PART I FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements Condensed Consolidated Statements of Operations - Three months ended December 27 , 2024 and December 29 , 2023 - 1 Condensed Consolidated Statements of Comprehensive ( Loss) Income - Three months ended Decem ber 27 , 2024 and December 29 , 2023 - 2 Condensed Consolidated Balance Sheets - December 27 , 2024, September 2 7 , 202 4 , and December 29 , 2023 - 3 Condensed Consolidated Statements of Shareholders' Equity - Three months ended December 27, 2024 and December 29 , 2023 - 4 Condensed Consolidated Statements of Cash Flows - Three months ended December 27 , 2024 and December 29 , 2023 - 5 Notes to Condensed Consolidated Financial Statements - 6
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations - 20
Quantitative and Qualitative Disclosures about Market Risk
Item 3. Quantitative and Qualitative Disclosures about Market Risk - 25
Controls and Procedures
Item 4. Controls and Procedures - 25
OTHER INFORMATION
PART II OTHER INFORMATION
Legal Proceedings
Item 1. Legal Proceedings - 25
Risk Factors
Item 1A. Risk Factors - 26
Other Information
Item 5. Other Information - 26
Exhibits
Item 6. Exhibits - 26
Signatures
Signatures - 27 Exhibit Index - 28 Index JOHNSON OUTDOORS INC.
FINANCIAL INFORMATION
PART I FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three Months Ended (thousands, except per share data) December 27, 2024 December 29, 2023 Net sales $ 107,649 $ 138,644 Cost of sales 75,466 85,790 Gross profit 32,183 52,854 Operating expenses: Marketing and selling 30,384 30,342 Administrative management, finance and information systems 14,476 14,401 Research and development 7,562 8,065 Total operating expenses 52,422 52,808 Operating (loss) profit ( 20,239 ) 46 Interest income ( 1,033 ) ( 1,198 ) Interest expense 47 38 Other income, net ( 326 ) ( 4,693 ) (Loss) profit before income taxes ( 18,927 ) 5,899 Income tax (benefit) expense ( 3,637 ) 1,944 Net (loss) income $ ( 15,290 ) $ 3,955 Weighted average common shares - Basic: Class A 9,039 8,988 Class B 1,208 1,208 Participating securities 23 24 Weighted average common shares - Dilutive 10,270 10,220 Net (loss) income per common share - Basic: Class A $ ( 1.49 ) $ 0.39 Class B $ ( 1.49 ) $ 0.35 Net (loss) income per common share - Diluted: Class A $ ( 1.49 ) $ 0.38 Class B $ ( 1.49 ) $ 0.38 The accompanying notes are an integral part of the condensed consolidated financial statements. - 1 - Index JOHNSON OUTDOORS INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (unaudited) Three Months Ended (thousands) December 27, 2024 December 29, 2023 Net (loss) income $ ( 15,290 ) $ 3,955 Other comprehensive (loss) income: Foreign currency translation ( 4,915 ) 3,059 Unrealized (loss) gain on available-for-sale securities, net of tax ( 1 ) 102 Change in pension plans, net of tax 9 7 Total other comprehensive (loss) income ( 4,907 ) 3,168 Total comprehensive (loss) income $ ( 20,197 ) $ 7,123 The accompanying notes are an integral part of the condensed consolidated financial statements. - 2 - Index JOHNSON OUTDOORS INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (thousands, except share data) De