Johnson Outdoors Inc (JOUT)

Shares of Johnson Outdoors Inc (JOUT) dropped by 9.86% from $54.47 to $49.10 in the trading on Friday, December 8, 2023. The reason why is JOUT down today is due to disappointing fourth-quarter results.

• Johnson Outdoors reported earnings per share (EPS) of -$1.56, significantly below the analyst estimate of -32 cents per share.
• The company's revenue for the fourth quarter was $96.35 million, which was 20.44% lower than the analyst estimate of $121.09 million.