StockWatch
·
Recreational Games/Products/Toys
Quarterly ResultMay 8, 2026, 03:17 PM

JOHNSON OUTDOORS Q2 Net Income $9.41M, EPS $0.89

AI Summary

Johnson Outdoors Inc. reported a significant increase in its second-quarter fiscal 2026 financial results, with net income surging to $9.41 million, or $0.89 diluted EPS, compared to $2.30 million, or $0.22 diluted EPS, in the prior year. Net sales for the quarter also grew by 15.5% to $194.48 million. For the six-month period, the company achieved a notable turnaround, reporting net income of $6.11 million, or $0.58 diluted EPS, reversing a net loss of $12.99 million, or $1.26 diluted EPS, in the same period last year. Additionally, the company entered into a new $50 million Revolving Credit Facility, extending its maturity to December 2029.

Key Highlights

  • Net income for Q2 2026 increased to $9.41 million from $2.30 million in Q2 2025.
  • Diluted EPS for Q2 2026 rose to $0.89 per Class A share from $0.22 in Q2 2025.
  • Net sales for Q2 2026 increased by 15.5% to $194.48 million from $168.35 million in Q2 2025.
  • Six-month net income turned around to $6.11 million in 2026 from a loss of $12.99 million in 2025.
  • Six-month diluted EPS turned around to $0.58 per Class A share from a loss of $1.26 in 2025.
  • Entered into a new $50 million Revolving Credit Facility through December 9, 2029, with an option for an additional $50 million.
  • Declared dividends of $0.33 per Class A share and $0.30 per Class B share for the quarter.
  • Cash and cash equivalents stood at $107.88 million as of April 3, 2026.