Johnson Outdoors Announces Cash Dividend
08 Dezembro 2023 - 8:00AM
Johnson Outdoors Inc. (Nasdaq: JOUT), a leading
global innovator of outdoor recreation equipment and
technology, today announced approval by its Board of Directors of a
quarterly cash dividend of $0.33 per Class A share and $0.30 per
Class B share.
The quarterly cash dividend is payable on January 25, 2024, to
shareholders of record at the close of business on January 11,
2024.
ABOUT JOHNSON OUTDOORS INC.
JOHNSON
OUTDOORS is a leading global
innovator of outdoor recreation equipment and technologies that
inspire more people to experience the awe of the great outdoors.
The company designs, manufactures and markets a portfolio of
winning, consumer-preferred brands across four categories:
Watercraft Recreation, Fishing, Diving and Camping. Johnson
Outdoors' iconic brands include: Old Town® canoes and kayaks; Ocean
Kayak™; Carlisle® paddles; Minn Kota® fishing motors, batteries and
anchors; Cannon® downriggers; Humminbird® marine electronics and
charts; SCUBAPRO® dive equipment; Jetboil® outdoor cooking systems;
and Eureka!®camping and hiking equipment.
Visit Johnson Outdoors at
http://www.johnsonoutdoors.com
Safe Harbor Statement
Certain matters discussed in this press release are
“forward-looking statements,” intended to qualify for the safe
harbors from liability established by the Private Securities
Litigation Reform Act of 1995. Statements other than
statements of historical fact are considered forward-looking
statements. These statements may be identified by the use of
forward-looking words or phrases such as "anticipate,'' "believe,''
"confident," "could,'' "expect,'' "intend,'' "may,'' "planned,''
"potential,'' "should,'' "will,'' "would'' or the negative of those
terms or other words of similar meaning. Such forward-looking
statements are subject to certain risks and uncertainties, which
could cause actual results or outcomes to differ materially from
those currently anticipated. Factors that could affect
actual results or outcomes include the matters described under the
caption “Risk Factors” in Item 1A of the Company’s Form 10-K filed
with the Securities and Exchange Commission on December 8, 2023,
and the following: changes in economic conditions, consumer
confidence levels and discretionary spending patterns in key
markets; uncertainties stemming from political instability (and its
impact on the economies in jurisdictions where the Company has
operations), changes in U.S. trade policies, tariffs, and the
reaction of other countries to such changes; the global outbreaks
of disease, such as the COVID-19 pandemic, which has affected, and
may continue to affect, market and economic conditions, along with
wide-ranging impacts on employees, customers and various aspects of
our operations; the Company’s success in implementing its strategic
plan, including its targeted sales growth platforms, innovation
focus and its increasing digital presence; litigation costs related
to actions of and disputes with third parties, including
competitors; the Company’s continued success in its working capital
management and cost-structure reductions; the Company’s success in
integrating strategic acquisitions; the risk of future write-downs
of goodwill or other long-lived assets; the ability of the
Company’s customers to meet payment obligations; the impact of
actions of the Company’s competitors with respect to product
development or enhancement or the introduction of new products into
the Company’s markets; movements in foreign currencies, interest
rates or commodity costs; fluctuations in the prices of raw
materials or the availability of raw materials or components used
by the Company; any disruptions in the Company’s supply chain as a
result of material fluctuations in the Company’s order volumes and
requirements for raw materials and other components, or the demand
for those same raw materials and components by third parties,
necessary to manufacture and produce the Company’s products
including related to shortages in procuring necessary raw materials
and components to manufacture and produce such products; the
success of the Company’s suppliers and customers and the impact of
any consolidation in the industries of the Company’s suppliers and
customers; the ability of the Company to deploy its capital
successfully; unanticipated outcomes related to outsourcing certain
manufacturing processes; unanticipated outcomes related to
litigation matters; and adverse weather conditions. Shareholders,
potential investors and other readers are urged to consider these
factors in evaluating the forward-looking statements and are
cautioned not to place undue reliance on such forward-looking
statements. The forward-looking statements included
herein are only made as of the date of this filing. The Company
assumes no obligation, and disclaims any obligation, to update such
forward-looking statements to reflect subsequent events or
circumstances.
At
Johnson
Outdoors
Inc. |
|
David Johnson |
Patricia Penman |
VP & Chief Financial Officer |
VP – marketing services & global communications |
262-631-6600 |
262-631-6600 |
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