JOHNSON OUTDOORS is a leading global innovator of outdoor recreation equipment and technologies that inspire more people to experience the awe of the great outdoors. The company designs, manufactures and markets a portfolio of winning, consumer-preferred brands across four categories: Watercraft Recreation, Fishing, Diving and Camping. Johnson Outdoors' iconic brands include: Old Town®canoes and kayaks; Ocean Kayak™; Carlisle®paddles; Minn Kota®fishing motors, batteries and anchors; Cannon®downriggers; Humminbird®marine electronics and charts; SCUBAPRO®dive equipment; Jetboil®outdoor cooking systems; and, Eureka!®camping and hiking equipment.
Company profile
Ticker
JOUT
Exchange
Website
CEO
Helen P. Johnson-Leipold
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Acushnet • Peloton Interactive • Callaway Golf • Solo Brands • YETI • Clarus • American Outdoor Brands • Escalade • Nautilus • Jakroo ...
Former names
JOHNSON WORLDWIDE ASSOCIATES INC
SEC CIK
Corporate docs
Subsidiaries
Johnson Outdoors Canada Inc. • Johnson Outdoors Watercraft Inc. • Johnson Outdoors Marine Electronics. Inc. • Johnson Outdoors Gear Inc. • Johnson Outdoors Diving LLC • Under Sea Industries, Inc. • JWA Holding B.V. • Johnson Beteiligungsellschaft GmbH • Uwatec AG • Scubapro Asia Pacific Ltd. ...
IRS number
391536083
JOUT stock data
News

Johnson Outdoors Q3 Earnings Miss Estimates, Notes Margin Pressure
5 Aug 22
Recap: Johnson Outdoors Q3 Earnings
5 Aug 22
Johnson Outdoors Q3 EPS $1.38 Misses $1.78 Estimate, Sales $203.80M Miss $203.99M Estimate
5 Aug 22
Earnings Scheduled For August 5, 2022
5 Aug 22
Earnings Outlook For Johnson Outdoors
4 Aug 22
Calendar
5 Aug 22
12 Aug 22
30 Sep 22
Financial summary
Quarter (USD) | Jul 22 | Apr 22 | Dec 21 | Oct 21 | |
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Diluted EPS |
Annual (USD) | Oct 21 | Oct 20 | Sep 19 | Sep 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 117.57M | 117.57M | 117.57M | 117.57M | 117.57M | 117.57M |
Cash burn (monthly) | (no burn) | 10.95M | (no burn) | (no burn) | (no burn) | 7.14M |
Cash used (since last report) | n/a | 15.56M | n/a | n/a | n/a | 10.15M |
Cash remaining | n/a | 102.01M | n/a | n/a | n/a | 107.42M |
Runway (months of cash) | n/a | 9.3 | n/a | n/a | n/a | 15.0 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Aug 22 | John M Fahey JR | Class A Common Stock | Sell | Dispose S | No | No | 68.83 | 1,206 | 83.01K | 19,160 |
28 Mar 22 | David W Johnson | Class A Common Stock | Sell | Dispose S | No | Yes | 80.08 | 1,000 | 80.08K | 21,204.25 |
25 Feb 22 | John M Fahey JR | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,240 | 0 | 20,366 |
25 Feb 22 | Edward F Lang | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,240 | 0 | 23,988 |
25 Feb 22 | Edward A Stevens | Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,240 | 0 | 4,115 |
Institutional ownership, Q1 2022
73.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 126 |
Opened positions | 15 |
Closed positions | 26 |
Increased positions | 55 |
Reduced positions | 41 |
13F shares | Current |
---|---|
Total value | 603.54M |
Total shares | 6.54M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Johnson Financial | 1.63M | $126.9M |
Dimensional Fund Advisors | 575.27K | $44.72M |
Royce & Associates | 507K | $39.41M |
BLK Blackrock | 459.02K | $35.68M |
Vanguard | 295.06K | $22.94M |
Renaissance Technologies | 264.9K | $20.59M |
Tredje AP-fonden | 253.32K | $16.61M |
LSV Asset Management | 218.15K | $16.96M |
FIL | 167.87K | $13.05M |
STT State Street | 123.68K | $9.61M |
Financial report summary
?Management Discussion
- See “Note 16 – Segments of Business” of the notes to the accompanying Condensed Consolidated Financial Statements for the definition of segment net sales and operating profit.
- Consolidated net sales for the Third months ended July 1, 2022 were $203,819, a decrease of $9,749, or 5%, compared to $213,568 for the Third months ended July 2, 2021. Foreign currency translation had an unfavorable impact of less than 1% on current year third quarter net sales compared to the prior year's third quarter net sales.
- Net sales for the Third months ended July 1, 2022 for the Fishing business were $136,565, a decrease of $18,783, or 12%, from $155,348 during the third fiscal quarter of the prior year. While customer and consumer demand remains solid, the decrease in Fishing sales was driven by significant supply chain disruptions and the resulting unavailability of certain necessary components (especially as it relates to electronic components) experienced in the current year quarter, which impacted the ability to complete product build and fill customer orders. Specifically, due to the technical and electronic nature of the product categories, the fishing segment has been the most susceptible to the previously discussed supply chain issues, as discussed in “Coronavirus (COVID-19)” above.
Content analysis
?Positive | ||
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Legalese | ||
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Readability |
H.S. sophomore Avg
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New words:
built, competitive, electronic, missing, obsolete, occupancy, occupy, outweighed, saleable, solid, space, susceptible, technical, useable
Removed:
begin, closure, deflated, destination, evolve, exacerbated, factor, inflation, operate
Financial reports
Current reports
8-K
Johnson Outdoors Reports Fiscal Third Quarter Results
5 Aug 22
8-K/A
Johnson Outdoors Announces Cash Dividend
2 Aug 22
8-K
Information on Equinor ex.dividend (4q21) 12 May 2022
26 May 22
8-K
Johnson Outdoors Reports Fiscal Second Quarter Results
9 May 22
8-K
Submission of Matters to a Vote of Security Holders
28 Feb 22
8-K
Johnson Outdoors Announces Cash Dividend
25 Feb 22
8-K
Johnson Outdoors Reports Fiscal First Quarter Results
4 Feb 22
8-K
Departure of Directors or Certain Officers
20 Dec 21
8-K
Johnson Outdoors Reports Record Sales and Earnings for Fiscal Year 2021
10 Dec 21
8-K
Johnson Outdoors Announces Cash Dividend
9 Dec 21
Registration and prospectus
S-8
Registration of securities for employees
5 May 20
S-8
Registration of securities for employees
9 May 17
S-8
Registration of securities for employees
9 May 17
S-8 POS
Registration of securities for employees (post-effective amendment)
12 Dec 16
S-8
Registration of securities for employees
29 Apr 10
S-8
Registration of securities for employees
29 Apr 10
SC 13E3/A
Going private transaction (amended)
14 Feb 05
SC 13E3/A
Going private transaction (amended)
3 Feb 05
SC 13E3/A
Going private transaction (amended)
9 Jan 05
SC 13E3
Going private transaction
23 Nov 04
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
1 Jun 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
31 May 15
UPLOAD
Letter from SEC
26 Oct 14
CORRESP
Correspondence with SEC
6 Oct 14
Ownership
4
JOHNSON OUTDOORS / JOHN M FAHEY JR ownership change
12 Aug 22
4
JOHNSON OUTDOORS / David W Johnson ownership change
28 Mar 22
4
JOHNSON OUTDOORS / WILLIAM D PEREZ ownership change
7 Mar 22
4
JOHNSON OUTDOORS / Richard Casey Sheahan ownership change
7 Mar 22
4
JOHNSON OUTDOORS / KATHERINE BUTTON BELL ownership change
7 Mar 22
4
JOHNSON OUTDOORS / Edward A Stevens ownership change
7 Mar 22
4
JOHNSON OUTDOORS / Edward F Lang ownership change
7 Mar 22
4
JOHNSON OUTDOORS / JOHN M FAHEY JR ownership change
7 Mar 22
SC 13G/A
JOHNSON OUTDOORS / DIMENSIONAL FUND ADVISORS ownership change
8 Feb 22
SC 13G
JOHNSON OUTDOORS / BlackRock ownership change
3 Feb 22
Patents
Utility
System and method for automatically navigating a charted contour
31 May 22
A system for controlling a marine vessel has a sonar depth finder which displays a chart, stored in memory, for a body of water.
Utility
Bidirectional Wireless Controls for Marine Devices
10 Mar 22
A control system for a trolling motor operated based upon commands generated by a wireless remote control device and a wired foot pedal is provided.
Utility
Watercraft and Associated Pedal Drive System
3 Feb 22
A watercraft and associated pedal drive system are provided.
Utility
Bidirectional wireless controls for marine devices
16 Nov 21
A control system for a trolling motor operated based upon commands generated by a wireless remote control device and a wired foot pedal is provided.
Utility
Watercraft and associated pedal drive system
19 Oct 21
A watercraft and associated pedal drive system are provided.
Transcripts
2022 Q3
Earnings call transcript
5 Aug 22
2022 Q2
Earnings call transcript
9 May 22
2022 Q1
Earnings call transcript
4 Feb 22
2021 Q4
Earnings call transcript
10 Dec 21
2021 Q3
Earnings call transcript
9 Aug 21
2021 Q2
Earnings call transcript
9 May 21
2021 Q1
Earnings call transcript
5 Feb 21
2020 Q4
Earnings call transcript
11 Dec 20
2020 Q2
Earnings call transcript
9 May 20
2020 Q1
Earnings call transcript
31 Jan 20
Reddit threads
Daily Discussion Thread - August 5th, 2022
5 Aug 22
Daily Discussion Thread - July 13th, 2022
13 Jul 22
Daily Discussion Thread - July 12th, 2022
12 Jul 22
Daily Discussion Thread - July 11th, 2022
11 Jul 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
Johnson Outdoors Has A 96% Chance Of Being Undervalued
2 May 22
What are your top 5 holdings?
14 Apr 22
Daily Discussion Thread - April 13th, 2022
13 Apr 22
Daily Discussion Thread - April 12th, 2022
12 Apr 22