Johnson Outdoors Inc. reported operating results for the fiscal year ending October 3, 2025.
The company highlighted positive momentum driven by new product successes in the second half of the year.
Revenue stayed flat at $592.4 million, with improvements in Fishing and Diving offsetting declines in Camping and Watercraft Recreation.
Revenue Performance
Total revenue remained flat at $592.4 million, with growth in Fishing and Diving offsetting a decline in Camping and Watercraft Recreation.
Operating Margin Improvement
Gross margin increased to 35.1% in fiscal 2025, primarily due to improved overhead absorption and cost-saving initiatives.
Net Loss
The company reported a net loss of $34.3 million for the fiscal year, impacted by an income tax expense of $25.0 million.
- Despite a net loss of $34.3 million, Johnson Outdoors Inc. achieved positive cash flow from operations by reducing inventory levels and focusing on operational efficiency.
- The company's strategic priorities in innovation, operational efficiencies, and ecommerce position it for future success amidst market uncertainties.
Johnson Outdoors Inc.'s fiscal year 2025 results reflect a mix of challenges and successes, with a focus on driving positive momentum through new product launches and operational improvements.