NASDAQ$JOUT
Johnson Outdoors Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Johnson Outdoors experienced lower sales and earnings due to supply chain challenges.
Johnson Outdoors reported a decrease in net sales by 8% to $189.6 million and a decrease in net income to $9.9 million, or $0.97 per diluted share, due to ongoing global supply chain challenges and increased costs.
- Net sales decreased by 8% compared to the prior year's second fiscal quarter.
- Operating profit was $15.4 million, down from $36.0 million in the prior year.
- Gross margin was 36.2%, a decrease of 9 points primarily due to increased materials and freight costs.
- Net income was $9.9 million, or $0.97 per diluted share, compared to $27.8 million, or $2.74 per diluted share in the previous year.
Headline financials
Revenue & EPS history
Johnson Outdoors · Revenue · Quarterly
$190M
Forward guidance
The company expects supply chain challenges to continue through the second half of the fiscal year, impacting margins due to inflationary trends. They plan to maintain higher inventory levels and evaluate future pricing actions. The company's strong balance sheet enables investments to strengthen the business.
Tailwinds
- Consumers continue to want to spend time outdoors.
- Demand for products remains high across all segments.
- Strategically maintaining higher inventory levels.
- Seeking alternative sources for key components.
- Strong balance sheet and cash position enable investments.
Headwinds
- Ongoing global supply chain challenges are expected to continue.
- Margins will continue to be impacted by pressure caused by the supply chain.
- Inflationary trends are affecting the marketplace.
- Unpredictable environment.
- Increased materials and inbound freight costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.3%
Avg return
30 days after
41%
26 / 64 earnings
Positive
+18.0%
Q4 2022
Best reaction
-17.8%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -0.4% | -26.2% | -16.5% | |
| Q1 2026 | -3.1% | +1.0% | -5.4% | |
| Q4 2025 | -0.5% | +1.9% | +2.4% | |
| Q2 2025 | +3.0% | +1.9% | +14.6% | |
| Q1 2025 | -9.0% | -10.6% | -20.3% | |
| Q4 2024 | +2.3% | +10.9% | -0.2% | |
| Q3 2024 | -10.3% | -10.5% | -9.6% | |
| Q2 2024 | -11.7% | -10.9% | -14.6% | |
| Q1 2024 | -3.5% | -3.7% | +0.3% | |
| Q4 2023 | -14.9% | -13.9% | -11.0% | |
| Q3 2023 | +1.9% | +2.2% | -1.9% | |
| Q2 2023 | +5.0% | +6.1% | +4.1% | |
| Q1 2023 | -9.5% | -8.3% | -11.0% | |
| Q4 2022 | +18.0% | +17.3% | +18.1% | |
| Q3 2022 | -1.1% | -0.3% | -12.4% | |
| Q2 2022 | -17.0% | -13.6% | -13.0% | |
| Q1 2022 | -2.5% | +1.3% | -4.3% | |
| Q4 2021 | +0.3% | +2.2% | -6.2% | |
| Q3 2021 | +3.4% | +0.4% | -4.4% | |
| Q2 2021 | -7.4% | -11.7% | -15.6% | |
| Q1 2021 | +7.9% | +7.8% | +17.7% | |
| Q4 2020 | +8.2% | +8.9% | +29.6% | |
| Q3 2020 | -3.9% | -6.8% | -10.0% | |
| Q2 2020 | +8.1% | +11.1% | +31.6% | |
| Q1 2020 | -2.0% | -3.2% | -18.3% | |
| Q4 2019 | +17.6% | +16.7% | +16.7% | |
| Q3 2019 | -4.5% | -9.9% | -15.8% | |
| Q2 2019 | +11.5% | +7.8% | -4.0% | |
| Q1 2019 | -2.0% | -3.4% | +7.0% | |
| Q4 2018 | -6.0% | -11.1% | -12.6% | |
| Q3 2018 | +15.6% | +18.7% | +27.3% | |
| Q2 2018 | +12.6% | +16.2% | +18.0% | |
| Q1 2018 | +11.4% | +10.2% | +3.6% | |
| Q4 2017 | -13.0% | -16.6% | -13.5% | |
| Q3 2017 | +9.7% | +11.7% | +20.7% | |
| Q2 2017 | +16.1% | +29.7% | +25.9% | |
| Q1 2017 | -7.7% | -8.5% | -0.4% | |
| Q4 2016 | -15.3% | -16.3% | -20.3% | |
| Q3 2016 | -8.3% | -6.6% | +15.4% | |
| Q2 2016 | +13.3% | — | — | |
| Q1 2016 | -3.2% | — | — | |
| Q4 2015 | -3.9% | — | — | |
| Q3 2015 | +15.2% | — | — | |
| Q2 2015 | -1.3% | — | — | |
| Q1 2015 | -5.1% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +5.5% | — | — | |
| Q2 2014 | -2.1% | — | — | |
| Q1 2014 | -17.8% | — | — | |
| Q4 2013 | -4.0% | — | — | |
| Q3 2013 | +3.8% | — | — | |
| Q2 2013 | -2.3% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | -5.2% | — | — | |
| Q1 2012 | +7.0% | — | — | |
| Q4 2011 | -5.1% | — | — | |
| Q3 2011 | +13.1% | — | — | |
| Q2 2011 | +5.6% | — | — | |
| Q1 2010 | +4.5% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2010 | +0.0% | — | — |
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