Johnson Outdoors Announces Cash Dividend
June 02 2008 - 10:05AM
Business Wire
Johnson Outdoors Inc. (Nasdaq:JOUT), a global leader in innovative
outdoor recreational products, today announced approval by the
Board of Directors of a quarterly cash dividend of $0.055 per Class
A share and $0.05 per Class B share. The quarterly cash dividend is
payable on July 24, 2008 to shareholders of record at the close of
business on July 10, 2008. ABOUT JOHNSON OUTDOORS INC. JOHNSON
OUTDOORS is a leading global outdoor recreation company that turns
ideas into adventure with innovative, top-quality products. The
company designs, manufactures and markets a portfolio of winning,
consumer-preferred brands across four categories: Watercraft,
Marine Electronics, Diving and Outdoor Equipment. Johnson Outdoors'
familiar brands include, among others: Old Town� canoes and kayaks;
Ocean Kayak� and Necky��kayaks; Lendal� paddles; Carlisle� and
Extrasport� paddling accessories; Minn Kota� motors; Cannon�
downriggers; Humminbird� fishfinders; Geonav�chartplotters;
SCUBAPRO� UWATEC� and Seemann� dive equipment; Silva� compasses;
Tech4O� digital instruments; and Eureka!� tents. The Company has
operations in 17 countries, employs 1,400 people and reported
revenues of $432.1 million in fiscal 2007. Visit Johnson Outdoors
at http://www.johnsonoutdoors.com SAFE HARBOR STATEMENT Certain
matters discussed in this press release are �forward-looking
statements,� intended to qualify for the safe harbors from
liability established by the Private Securities Litigation Reform
Act of 1995. Statements other than statements of historical fact
are considered forward-looking statements. Such forward-looking
statements are subject to certain risks and uncertainties, which
could cause actual results or outcomes to differ materially from
those currently anticipated. Factors that could affect actual
results or outcomes include changes in consumer spending patterns;
the Company�s success in implementing its strategic plan, including
its focus on innovation; actions of and disputes with companies
that compete with the Company; the Company�s success in managing
inventory; movements in foreign currencies or interest rates; the
Company�s success in restructuring of its European Diving
operations; unanticipated issues related to the Company�s military
sales; the success of suppliers and customers; the ability of the
Company to deploy its capital successfully; adverse weather
conditions; and other risks and uncertainties identified in the
Company�s filings with the Securities and Exchange Commission.
Shareholders, potential investors and other readers are urged to
consider these factors in evaluating the forward-looking statements
and are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements included
herein are only made as of the date of this press release and the
Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or
circumstances.
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