Johnson Outdoors (JOUT) Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, January 7, 2026 astatine 9:09 AM CST 10 min read

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Aug. 1, 2025, 11 a.m. ET

• Chairman and Chief Executive Officer — Helen P. Johnson-Leipold

• Vice President and Chief Financial Officer — David W. Johnson

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Helen P. Johnson-Leipold: Good morning, everyone. Thank you for joining us. I'll statesman by sharing position connected our 3rd 4th show arsenic good arsenic an update connected the strategical priorities for our businesses. Dave volition reappraisal the fiscal highlights, and past we'll instrumentality your questions. Sales successful our 3rd fiscal 4th ending June 2025 accrued 5% to $180.7 cardinal compared to $172.5 cardinal successful the anterior twelvemonth 3rd quarter. Operating nett was up importantly to $7.3 cardinal versus an operating nonaccomplishment successful the erstwhile 3rd quarter. While the marketplace continued to fluctuate, our affirmative results this 4th reenforce the captious value of our absorption and concern successful market-leading innovation to continued maturation and occurrence of our brands.

In our Fishing business, request for Hummingbird's caller food finder technology, MEGA Live 2 Sonar and our caller XPLORE food finder portion has been exceeding expectations. I'm excited to denote that a fewer weeks ago, our XPLORE bid captured Best successful Electronics honors astatine ICAST, the world's astir prestigious sportfishing show. Also, Boating Magazine precocious awarded our Minn Kota brand, the Marine Power Innovation Award for our Riptide Instinct brushless trolling motor. We're excited by the effect to our innovation successful this business, and we volition proceed to put successful being an innovation person to thrust aboriginal growth. In our Camping and Watercraft business, some our Old Town and Jetboil brands stay beardown leaders successful their markets.

Orders for Jetboil's newest Fast Boil cooking systems with features gathering connected lightened accelerated boil times and substance ratio proceed to outpace expectations. And portion the watercraft marketplace is inactive anemic and the manufacture struggles, Old Town remains resilient and continues to physique connected its industry-leading innovation. Results successful our Diving concern were somewhat improved amidst stronger marketplace conditions during the 3rd quarter. However, the diving marketplace remains challenged with uncertainties successful the planetary system and user travel, and we proceed to enactment good -- to beryllium good positioned successful diving for the future.

We proceed our integration enactment with the semipermanent supplier we purchased astatine the opening of this fiscal year, and we are assured it volition present the benefits we program for. We are besides focused connected uncovering ways to thrust much operational efficiencies crossed the business. Overall, we are pleased with our affirmative 3rd 4th results and the occurrence of our innovation. At the aforesaid time, planetary macroeconomic challenges proceed to thrust uncertainties successful the marketplace. We proceed to put and execute connected our strategical priorities, innovation, operational efficiencies and e-commerce and our resiliency arsenic a institution is further bolstered by our debt-free equilibrium expanse and currency position.