Johnson Outdoors Q4 2021 Earnings Report

Reported increase in net sales but a decrease in operating profit and net earnings compared to the prior year's strong fourth quarter.

Key Takeaways

Johnson Outdoors reported a slight increase in net sales for the fourth quarter compared to the previous year's strong results. However, operating profit and net earnings declined due to increased tariffs, inbound air freight costs, and higher cost of goods sold.

Total Company net sales in the fiscal fourth quarter were $166.3 million.

Operating profit declined to $13.6 million.

Gross margin declined due to increased tariffs, inbound air freight costs and higher cost of goods sold.

Net earnings decreased to $6.9 million.