Johnson Outdoors Reports Massive Q4 Loss

Johnson Outdoors, a Wisconsin-based outdoor gear company, reported a significant financial loss for its fiscal fourth quarter, with a net loss of $29.1 million and a loss of $2.83 per share. Even after adjusting for one-time expenses, the loss was still substantial at $0.31 per share. The companys revenue for the quarter was $135.8 million, but the full fiscal year still resulted in a loss of $34.3 million, or $3.35 per share. Despite total revenue of $592.4 million, the company faced challenges that led to the reported annual loss.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.