| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 189.73 | 2.4% | 5.0% |
| Total Income | 189.73 | 2.4% | 5.0% |
| Expenditure | 171.39 | 6.9% | 1.1% |
| PBT | 23.27 | 127.9% | 121.6% |
| Net Profit | 14.95 | 58.9% | 93.2% |
| OPM | 9.67% | 4.35pp | 5.61pp |
| NPM | 7.88% | 3.04pp | 3.59pp |
| EPS | — |
Johnson Outdoors Reports Strong Q3 FY26 Results with 5% Sales Increase
07 Aug 2026 · 7 Aug, 6:37 pm
Summary
Johnson Outdoors Inc. announced solid third quarter results with total company sales increasing 5 percent to $189.7 million, driven by growth in Fishing and Diving segments, though Camping & Watercraft Recreation experienced a decline. The company reported a significant improvement in operating income to $18.3 million and a gross margin of 45.3 percent, partly due to $15 million in tariff refunds. Net income rose to $14.9 million, or $1.42 per diluted share. Management expressed focus on strategic priorities and long-term growth despite uncertain macroeconomic conditions.
Key Highlights
- 1
Johnson Outdoors Inc. reported a 5 percent increase in total company net sales for the third fiscal quarter, reaching $189.7 million compared to $180.7 million in the prior year.
- 2
Fishing revenue saw a 7 percent increase, driven by strength in Minn Kota and pricing actions.
- 3
Diving sales increased by 10 percent, primarily due to strong sales in regulators and buoyancy compensator devices.
- 4
Camping & Watercraft Recreation sales declined 13 percent, attributed to weak marketplace conditions.
- 5
Total Company operating income significantly improved to $18.3 million for the third fiscal quarter, up from $7.3 million in the prior year.
- 6
Gross margin improved to 45.3 percent in the third quarter, compared to 37.6 percent in the prior year, aided by tariff refunds.
- 7
Net income for the third quarter was $14.9 million, or $1.42 per diluted share, a substantial increase from $7.7 million, or $0.75 per diluted share, in the previous year's third quarter.
Management Comments
Helen Johnson-Leipold
We delivered solid third quarter results with total company sales increasing 5 percent, reflecting the strength of our market-leading brands. While macroeconomic conditions remain uncertain, we continue to focus on advancing our strategic priorities, strengthening our competitive position, and making the investments necessary to support long-term growth.
Asad Rahman
We recognized approximately $15 million of tariff refunds in the third quarter, with some of that benefit offset by broader cost inflation and other expense increases. As tariff policies continue to evolve, we remain cautious about the outlook for costs and are monitoring developments closely. Our inventory increased compared to the prior year quarter as we positioned the business to support sales demand, and we remain confident in our inventory management processes and our ability to maintain healthy inventory levels.
Informational and educational content only. Not investment advice.