The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: So first, as far as your revenue, it came in above our estimate, which is certainly good to see. So I guess just broad kind of housekeeping question
first. So in terms of the quarterly revenue, can you just give us a sense about pricing versus unit volumes. I know you have surely engaged in more
promotional pricing. So again, just wanted to get a sense of the pricing versus unit volume dynamics that happened in the quarter?
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: Okay. And then I heard there was a diving acquisition made. So can you give us some more details about this? When was this completed and
purchase price or anything like that, that we can you -- anything that you could add to what you said before would be very helpful.
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: Okay. Well, thank you very much for that information. It is certainly very helpful. And congrats on that. It certainly sounds like a value-added
acquisition here accretive. So I guess as you enter the busy season now, I know you talked about innovation. It looks like the Humminbird product
is off to a good start.
Can you give us any other sense as to the early indications for incoming orders for the rest of the business? And just broadly speaking, as far as
inventory levels at the retail level, what is your side of that?
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FEBRUARY 03, 2025 / 4:00PM, JOUT.OQ - Q1 2025 Johnson Outdoors Inc Earnings Call
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: Understood. Okay. And then I know you also combined Camping and Watercraft Recreation segments together now. But can you just parse out
the two and give us some additional information about them. Just curious as to what you saw in the quarter?
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: Okay. All right. And then as far as the -- your cost savings initiatives, can you talk about the impact of that. And then you also talked about expanding
these cost savings measures. So how should we think about the impact of what could come going forward here as you look to continue on that
path?
Question: Anthony Lebiedzinski - Sidoti & Company LLC - Analyst
: Okay. Understood. Okay. All right. And then lastly, in terms of the tariffs. So I know you touched on this a little bit. And even -- actually, there was
some new news actually just -- actually shortly before 11:00 AM. It looks like the Mexico tariffs are being paused for a month actually. It was just
announced actually about half an hour ago.
So -- but just overall, obviously, as an American company manufacturing in the US, you guys do use a lot of imported components. So I guess just
maybe broadly -- maybe talk to us in terms of like what your exposure is as far as China or any other sources as far as just broadly speaking about
tariffs, how should we think about that? What are the mitigation strategies you're looking at here kind of going forward?
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FEBRUARY 03, 2025 / 4:00PM, JOUT.OQ - Q1 2025 Johnson Outdoors Inc Earnings Call
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