Company: JOUT
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001140361-25-017047
Chunk: 45

Company: JOHNSON OUTDOORS INC
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 2
Chunk 45
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 were $275,998, a decrease of $38,502, or 12%, compared to $314,500 for the six months ended March 29, 2024.  Foreign currency translation had a negligible impact on net sales of the current year to date period compared to the prior year to date period.

Net sales for the six months ended March 28, 2025 for the Fishing business were $217,363, a decrease of $31,737, or 13%, from $249,100 during the prior year to date period.  In addition to a continued challenging market as noted above for the second quarter, a strong sell-in of new products in the prior year year-to-date period also contributed to the sales decline between periods.    

Net sales for the Camping & Watercraft Recreation business were $27,303 for the six months ended March 28, 2025, a decrease of $3,671, or 12%, from the prior year net sales during the same period of $30,974.  As discussed above, the decrease over the 

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IndexJOHNSON OUTDOORS INC.

prior year to date period is mainly attributable to Eureka! sales in the prior year to date period that were not repeated in the current fiscal year due to the exit of the brand.

Diving net sales for the six months ended March 28, 2025 were $31,504, which declined $2,898, or 8%, compared to net sales of $34,402 for the six months ended March 29, 2024, due to continued soft market demand for our Diving segment products across all geographic regions.  Foreign currency translation had an unfavorable impact of less than 2% on sales in this segment versus the prior year to date period.

Cost of Sales

Cost of sales for the three months ended March 28, 2025 of $109,483 decreased $4,942 compared to $114,425 for the three months ended March 29, 2024, mainly due to a decrease in sales volumes over the prior year quarter. 

Cost of sales for the six months ended March 28, 2025 of $184,949 decreased $15,266 compared to $200,215 for the six months ended March 29, 2024, mainly due to the decrease in sales volumes, partially offset by a shift in mix to higher cost products between year to date periods. 

Gross Profit Margin

For the three