Racine-based Johnson Outdoors Inc. reported fiscal year third quarter net income of $9 million, up 10.8 percent from the previous fiscal third quarter. Net sales were $128.6 million, up five percent.
“Three years ago we set a goal to grow profits faster than sales amid a gradual recovery of outdoor recreation markets. While markets remain below pre-recession levels, impressive third quarter results demonstrate the significant progress we’ve made in leveraging our strengths to maximize market opportunities and address challenges with heightened energy and discipline,” said Helen Johnson-Leipold, chairman and CEO. “Going forward, we expect meaningful innovation to continue to drive growth in technology-driven Marine Electronics and Diving segments, and play a central role in efforts to recapture leadership positions in specialty camping and paddling channels where our targeted outdoor enthusiasts shop. Future investments will reflect our commitment to delivering enhanced value for our brands, our customers and shareholders long-term.”