Johnson Outdoors Announces Cash Dividend
March 01 2019 - 6:00AM
Johnson Outdoors Inc. (Nasdaq: JOUT), a global
leader in innovative outdoor recreation equipment products, today
announced approval by its Board of Directors of a quarterly cash
dividend of $0.14 per Class A share and $0.1273 per Class B share.
The quarterly cash dividend is payable on April 25, 2019 to
shareholders of record at the close of business on April 11, 2019.
ABOUT
JOHNSON
OUTDOORS
INC.JOHNSON
OUTDOORS is a leading global
outdoor recreation company that inspires more people to experience
the awe of the great outdoors with innovative, top-quality
products. The company designs, manufactures and markets a
portfolio of winning, consumer-preferred brands across four
categories: Watercraft Recreation, Fishing, Diving and
Camping. Johnson Outdoors' iconic brands include: Old Town®
canoes and kayaks; Ocean Kayak™; Carlisle® paddles; Minn Kota®
fishing motors, batteries and anchors; Cannon® downriggers;
Humminbird® marine electronics and charts; SCUBAPRO® dive
equipment; Jetboil® outdoor cooking systems; and,
Eureka!® camping and hiking equipment.
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. These statements may be identified by
the use of forward-looking words or phrases such as “anticipate,’’
“believe,’’ “confident,” “could,’’ “expect,’’ “intend,’’ “may,’’
“planned,’’ “potential,’’ “should,’’ “will,’’ “would’’ or the
negative of those terms or other words of similar meaning. 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 the matters
described under the caption “Risk Factors” in Item 1A of the
Company’s Form 10-K which will be filed with the Securities and
Exchange Commission on December 7, 2018 and the following:
changes in economic conditions, consumer confidence levels and
discretionary spending patterns in key markets; uncertainties
stemming from changes in US trade policies, tariffs, and the
reaction of other countries to such changes; the Company’s success
in implementing its strategic plan, including its targeted sales
growth platforms, innovation focus and its increasing digital
presence; litigation costs related to actions of and disputes with
third parties, including competitors; the Company’s continued
success in working capital management and cost-structure
reductions; the Company’s success in integrating strategic
acquisitions; the risk of future writedowns of goodwill or other
long-lived assets; the ability of the Company's customers to meet
payment obligations; movements in foreign currencies, interest
rates or commodity costs; fluctuations in the prices of raw
materials or the availability of raw materials or components used
by the Company; any disruptions in the Company's supply chain as a
result of material fluctuations in the Company's order volumes and
requirements for raw materials and other components necessary to
manufacture and produce the Company's products; the success of the
Company’s suppliers and customers and the impact of any
consolidation in the industries of the Company's suppliers and
customers; the ability of the Company to deploy its capital
successfully; unanticipated outcomes related to outsourcing certain
manufacturing processes; unanticipated outcomes related to
litigation matters; and adverse weather conditions. 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 filing. The Company assumes no
obligation, and disclaims any obligation, to update such
forward-looking statements to reflect subsequent events or
circumstances.
At
Johnson
Outdoors
Inc.David
JohnsonVP & Chief Financial
Officer262-631-6600 |
|
Patricia PenmanVP – Global Marketing Services
& Communication262-631-6600 |
|
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