The earnings call presented a positive outlook with significant improvements in sales, operating profit, and operational efficiency. The company received industry recognition for its products, reduced inventory levels, and maintained a strong financial position with a debt-free balance sheet. However, challenges remain in the diving business and from tariffs, along with a weak watercraft marketplace.

Company Guidance -

Q4 2025

During the Johnson Outdoors Third Quarter 2025 Earnings Conference Call, the company reported a 5% increase in sales, reaching $180.7 million compared to $172.5 million in the previous year's third quarter. Operating profit also saw a significant improvement, jumping to $7.3 million from a prior operating loss, driven by increased sales, a 1.8-point rise in gross margin to 37.6%, and a reduction in operating expenses by $1.7 million. Inventory levels were reduced to $163.7 million, a decrease of $59.4 million from last year's third quarter. The company remains debt-free with a solid cash position, and it continues to focus on innovation, operational efficiencies, and e-commerce. Despite the dynamic macroeconomic environment, the company showed resilience by mitigating tariff impacts and benefiting from its cost savings program.

Increased Sales

Sales in the third quarter increased by 5% to $180.7 million compared to $172.5 million in the prior year third quarter.

Significant Improvement in Operating Profit

Operating profit was up significantly to $7.3 million versus an operating loss in the previous third quarter.

Recognition for Innovation

The XPLORE series won Best in Electronics honors at ICAST, and the Minn Kota brand received the Marine Power Innovation Award from Boating Magazine.

Improved Gross Margin

Gross margin in the third quarter was 37.6%, up 1.8 points from last year's quarter.

Decrease in Operating Expenses

Operating expenses decreased by $1.7 million compared to the prior year third quarter.

Inventory Reduction

Inventory levels decreased to $163.7 million, down about $59.4 million from last year's third quarter.

Debt-Free Balance Sheet

The company maintained a debt-free balance sheet and a solid cash position.

Johnson Outdoors (JOUT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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JOUT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 05, 2025	2025 (Q4)	-0.68 / -	-3.35	―	―	―
Aug 01, 2025	2025 (Q3)	0.24 / 0.75	0.16	368.75% (+0.59)	―
May 02, 2025	2025 (Q2)	0.21 / 0.22	0.21	4.76% (+0.01)	―
Feb 03, 2025	2025 (Q1)	-1.30 / -1.49	0.38	-492.11% (-1.87)	―
Dec 10, 2024	2024 (Q4)	-0.98 / -3.35	-1.56	-114.74% (-1.79)	―
Aug 05, 2024	2024 (Q3)	0.22 / 0.16	1.44	-88.89% (-1.28)	―
May 03, 2024	2024 (Q2)	0.50 / 0.21	1.45	-85.52% (-1.24)	―
Feb 02, 2024	2024 (Q1)	0.15 / 0.38	0.57	-33.33% (-0.19)	―
Dec 08, 2023	2023 (Q4)	-0.32 / -1.56	0.95	-264.21% (-2.51)	―
Aug 03, 2023	2023 (Q3)	1.21 / 1.44	1.38	4.35% (+0.06)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JOUT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 01, 2025	$33.20	$35.90	+8.13%
May 02, 2025	$23.48	$24.39	+3.88%
Feb 03, 2025	$31.62	$28.78	-8.98%
Dec 10, 2024	$33.29	$33.83	+1.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.