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Johnson Outdoors Reports Significant Q1 Losses and Decline

Johnson Outdoors' Q1 financial results show major losses. Earnings dropped to -$15.29 million, and EPS fell to -$1.49, worse than analyst expectations. This news could negatively impact investor confidence.

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AI Rating:   4
Earnings Per Share (EPS)
In Q1, Johnson Outdoors reported an EPS of -$1.49, compared to $0.38 in the same period last year. This indicates a strong negative trend, as the company not only reported a loss versus earnings but also fell short of analysts' projections of -$1.30 per share.

Revenue
Revenue for Johnson Outdoors was reported at $107.65 million, down significantly from $138.64 million in the previous year’s Q1. This represents a decline that further highlights the company's struggles in the present market environment.

This report indicates major challenges for Johnson Outdoors. The drastic decline in both earnings and revenue paints a concerning picture that could affect the company's stock prices and investor sentiment moving forward. Investors may find these losses alarming, potentially leading to a decrease in stock value as confidence wanes.