Johnson Outdoors Sees Some Cooling, But Core Demand is Strong
JOUT is seeing a mixed bag now in the second half of its fiscal year as consumer demand levels off from last year’s peak but remains historically strong, while supply chain headwinds persist and uncertainty around recessionary fears loom. In a presentation at the Sidoti investor conference, it said POS data from retailer partners shows some cooling as they lap tough comps from the outdoorism spike but that interest and demand elevation is still strong. In the midst of the seasonally large fiscal Q3, order books remain solid but visibility is less clear 6-8 months out in the event of ... Log in to view full article.