2023-08-03 06:18:06 ET
- Johnson Outdoors press release ( NASDAQ: JOUT ): Q3 GAAP EPS of $1.44 beats by $0.23 .
- Revenue of $187M (-8.3% Y/Y) beats by $2.51M .
- The effective tax rate was 25.3 percent compared to 26.8 percent in the prior year third quarter.
- "Looking ahead, we’re focused on continuing to improve operational efficiency to strengthen margins and are working to manage inventories appropriately as we enter the off season," said David W. Johnson, Chief Financial Officer.
- “Our balance sheet remains debt-free and our healthy cash position continues to provide us with the flexibility and resources necessary to invest in strategic opportunities to strengthen the business and consistently pay dividends to shareholders,” he added.
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Johnson Outdoors GAAP EPS of $1.44 beats by $0.23, revenue of $187M beats by $2.51M