Johnson Outdoors Inc

Johnson Outdoors reported a sharp increase in third-quarter profit, with net income rising to $14.9 million, or $1.42 per diluted share, from $7.7 million, or $0.75 per diluted share, a year earlier. Total company net sales grew 5 percent to $189.7 million, driven by a 7 percent increase in fishing revenue and a 10 percent gain in diving sales, while camping and watercraft recreation sales fell 13 percent. Operating income more than doubled to $18.3 million, helped by approximately $15 million in tariff refunds that lifted gross margin to 45.3 percent from 37.6 percent. For the first nine months of fiscal 2026, net sales rose 15 percent to $525.1 million and the company swung to a net profit of $21.1 million, or $2.00 per diluted share, from a loss of $5.2 million, or $0.52 per diluted share, in the prior-year period. Cash and short-term investments stood at $175.2 million at quarter-end, and the board approved a quarterly cash dividend payable on July 30, 2026.