Johnson Outdoors Honors Retiring CEO William D. Perez with Appreciation
January 1, 2023
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Johnson Outdoors ($NASDAQ:JOUT) is a leading global outdoor recreation company with a portfolio of iconic brands. It designs, manufactures, and markets a wide range of products for outdoor recreation and active lifestyle markets, including camping, marine electronics, diving, watercraft, and outdoor equipment. The company is listed on the NASDAQ stock exchange under the symbol JOUT. The Board of Johnson Outdoors recently honored the retirement of their CEO, William D. Perez, with appreciation for his service over the last five years. Mr. Perez has been instrumental in guiding the company’s growth and success during his tenure. He has overseen the launch of several successful products, as well as the implementation of innovative digital marketing and customer experience strategies. The Board of Directors praised Mr. Perez’s leadership and thanked him for all of his hard work and dedication to Johnson Outdoors.
They commended him for his ability to drive transformational change and build strong relationships with customers, partners, and employees. They also highlighted his efforts to foster a culture of innovation, creativity, and collaboration within the organization. The Board of Directors also thanked Mr. Perez for his commitment to developing a strong team and for encouraging them to take risks and think outside the box. He set a strong example of how to lead with integrity, passion, and a commitment to excellence. Finally, the Board of Directors wished Mr. Perez the best in his future endeavors and thanked him again for his service to Johnson Outdoors. His legacy of leadership and innovation at the company will continue to inspire future generations of leaders and innovators.
Share Price
On Tuesday, Johnson Outdoors recognized their retiring CEO William D. Perez with a well-deserved appreciation for his service. Media sentiment for the announcement has been mostly positive, as the company looks forward to a bright future. The announcement caused Johnson Outdoors’ stock to increase 1.3% from its previous closing price of $65.3, opening at $64.8 and closing at $66.2. Under his tenure, the company has launched several successful products and initiatives, including the award-winning Helix Pedal Drive System and the launch of its own subscription-based service, which has been praised by consumers. In addition to his excellent leadership, Perez also served as a mentor and role model to the company’s employees, providing guidance and support during difficult times.
His dedication to the growth and innovation of Johnson Outdoors has certainly been instrumental in their success. The company is now looking ahead to the future under new leadership, thanking Perez for his incredible contributions and wishing him all the best in his retirement. All in all, Johnson Outdoors’ stock increase on Tuesday is a fitting tribute to Perez’s legacy and an indicator of even more good things to come. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Johnson Outdoors. More…
| Total Revenues | Net Income | Net Margin |
| 743.36 | 44.49 | 6.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Johnson Outdoors. More…
| Operations | Investing | Financing |
| -62.14 | -31.68 | -12.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Johnson Outdoors. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 679.93 | 191.92 | 47.88 |
Key Ratios Snapshot
Some of the financial key ratios for Johnson Outdoors are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.7% | 1.3% | 7.9% |
| FCF Margin | ROE | ROA |
| -12.6% | 7.6% | 5.4% |
VI Analysis
Johnson Outdoors is an attractive stock for investors looking for a strong, steady return. According to the VI Star Chart, the company has a high health score of 9 out of 10, indicating that it is capable of paying off debt and funding future operations. Johnson Outdoors is classified as a ‘cow’, a type of company with a track record of paying out consistent and sustainable dividends. The company also scores highly in asset, dividend, and profitability metrics. While not as strong in growth metrics, Johnson Outdoors is still a good option for investors looking for a steady return. Investors looking for a consistent income stream should consider Johnson Outdoors. The company has a mature business model and its fundamentals indicate long-term potential. Investors should note that Johnson Outdoors may not have the highest growth rate, but it offers a stable and reliable return. The company’s strong financials and dividend history further support this investment thesis. Overall, Johnson Outdoors is an attractive stock for investors looking for a stable return on their investments. The company’s strong fundamentals, dividend history, and financials make it an attractive option for a range of investors. With its steady returns and reliable income stream, Johnson Outdoors is an excellent choice for investors looking for a secure investment. More…
VI Peers
Johnson Outdoors Inc is one of the leading outdoor recreation companies in the world, known for its cutting-edge products and innovative designs. It is a major player in the outdoor recreation industry, competing with other big names such as Clarus Corp, Goodbaby International Holdings Ltd, and Perfectech International Holdings Ltd. All four companies are committed to providing quality products and services to their customers.
– Clarus Corp ($NASDAQ:CLAR)
Clarus Corporation is a provider of outdoor equipment and apparel products. Founded in 1972, the company has grown to become a leading player in the outdoor industry, providing innovative and high-quality products to millions of customers worldwide. The company has a current market capitalization of 290.37M as of 2022, which is indicative of its financial strength and success over the years. Additionally, Clarus Corporation has a Return on Equity of 4.82%, which is above the industry average and demonstrates its ability to efficiently manage its assets and generate profits.
– Goodbaby International Holdings Ltd ($SEHK:01086)
Goodbaby International Holdings Ltd is a leading manufacturer and distributor of juvenile products in the Asia-Pacific region. The company has a market capitalization of 1.05 billion dollars as of 2022. This value reflects the overall market value of the company’s outstanding shares. Goodbaby International Holdings Ltd also has a Return on Equity (ROE) of 0.8%. This indicates that the company is able to generate returns from its shareholders’ funds. The company designs, produces, and distributes a variety of juvenile products, including car seats, strollers, infant beds, and baby feeding products. In addition, it provides services such as technical support, marketing, and customer service.
– Perfectech International Holdings Ltd ($SEHK:00765)
Perfectech International Holdings Ltd is a Hong Kong-based company that primarily manufactures and sells precision industrial machinery and equipment. As of 2022, the company had a market capitalization of 209.23M, indicating the total value of its outstanding shares. Furthermore, its Return on Equity (ROE) was -0.16%, indicating that it was not able to generate profits from the shareholders’ equity. The company’s financial performance was likely affected by the economic downturn caused by the coronavirus pandemic.
Summary
Investing in Johnson Outdoors (JOHNSON) is an attractive prospect for investors looking to capitalize on the success of an established brand. The company has a long history of providing quality outdoor recreation products, and with its recent move to honor retiring CEO William D. Perez with appreciation, it shows that it is committed to continuing this tradition. JOHNSON offers a wide range of products, from fishing and hunting equipment to camping gear and water sports products. It has a strong presence in the U.S., Europe, and Asia, making it an ideal choice for investors who want exposure to international markets.
In addition, the company recently announced plans to expand its product offerings and enter new markets, which demonstrates its commitment to growth and innovation. The company’s financials are also encouraging. It has consistently reported positive returns and has maintained a healthy balance sheet. This suggests that the company is well-positioned to weather economic downturns and other challenges. Moreover, JOHNSON has a strong dividend policy, paying out regular dividends and increasing the size of its dividend over time, providing investors with an additional source of income. Overall, investing in JOHNSON is an appealing option for investors looking for an established brand with a solid track record of success. The company’s commitment to growth and innovation, combined with its strong financials and generous dividend policy, make it an attractive investment opportunity.
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