JOUT Q2 2026 Earnings Transcript

Image source: The Motley Fool.

DATE

Friday, May 8, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• Chairman and Chief Executive Officer — Helen P. Johnson-Leipold

• Chief Financial Officer and Vice President — David W. Johnson

Full Conference Call Transcript

Helen P. Johnson-Leipold: Thanks, Allison. Good morning, everyone. I volition statesman by sharing position connected our 2nd 4th and year-to-date results arsenic good arsenic springiness an update connected each business. David volition reappraisal the fiscal highlights, and past we volition instrumentality your questions. Improved retail conditions and ongoing occurrence of our merchandise innovation helped thrust 15.5% gross maturation successful the 2nd quarter, with each concern segments contributing to the improvement. Operating income for the 2nd 4th was overmuch improved versus the prior-year 2nd 4th owed to accrued income volume, and our cost-savings initiatives continued to boost profitability arsenic well.

Year to date, our nett income are 21.5% higher than past year’s fiscal six-month period, with operating income and gross borderline besides up for the fiscal year-to-date period. We are pleased with our 2nd 4th and year-to-date results and are peculiarly arrogant of our market-leading brands, which proceed to resonate with consumers and reenforce our enactment presumption crossed our portfolio. Our Fishing concern delivered beardown results successful the 2nd quarter, driven by improved commercialized conditions, continued robust request for Humminbird’s Explorer Series and MEGA Live 2 food finders, and Minn Kota’s afloat lineup of trolling motors, arsenic good arsenic pricing action. These factors combined to reenforce our momentum and presumption successful the marketplace.

We stay focused connected investing successful innovation to present sportfishing exertion that sets the modular for anglers worldwide. In Camping and Watercraft, maturation during the 4th was supported by our expanding integer and e-commerce capabilities, with Old Town and Jetboil maintaining their enactment presumption successful competitory categories. During the quarter, Jetboil besides launched TrailCook, a caller innovation designed to grow the marque beyond boiling h2o into broader backcountry cooking. In some brands, we volition proceed to physique connected our strengths to thrust sustained maturation done innovation and heavy engagement with outdoor enthusiasts. Lastly, successful our Diving business, improved conditions crossed the planetary markets and continued maturation successful e-commerce helped thrust a coagulated summation successful 2nd 4th sales.

Digital engagement continues to play an progressively important role, enhancing connectivity betwixt our SCUBAPRO brand, retail partners, and consumers. As we proceed to thin into integer channels and fortify our planetary footprint, we are optimistic astir SCUBAPRO’s quality to turn and further reenforce its presumption successful the market. Overall, we are pleased with the 4th and year-to-date results. By investing successful and executing our strategical priorities—consumer-driven innovation, integer and e-commerce excellence, and operational efficiencies—we are strengthening our marketplace presumption and taking the close steps to navigate macroeconomic uncertainty portion gathering agelong term. Now I volition crook the telephone implicit to David for much item connected the financials.