Johnson Outdoors Inc., a global innovator of outdoor recreation equipment and technology, announced higher revenue and earnings for the fiscal year ending October 1, 2021. Continued high demand for products in Fishing, Camping and Watercraft Recreation propelled a 26% increase in sales as operating profit grew 56.6% and net income rose 51% over the prior fiscal year. Fourth quarter net sales ...
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Garmin reports record Q4, full-year results
Garmin Ltd. recently announced results for the fourth quarter and fiscal year ended December 26, 2020. Revenue from the marine segment grew 48% in the fourth quarter across multiple categories led by chartplotters. Gross margin and operating margin were 56% and 24%, respectively, resulting in 92% operating income growth. The full report can be found here. On the marine side, ...
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