Johnson Outdoors Says Challenging Marketplace Conditions, Primarily Due To Lower Consumer Demand For Outdoor Recreation Products And Heavy Promotional Activity, Have Impacted Q3 Results
Portfolio Pulse from Benzinga Newsdesk
Johnson Outdoors reports that challenging market conditions, driven by lower consumer demand for outdoor recreation products and heavy promotional activity, have negatively impacted their Q3 results.
August 05, 2024 | 10:02 am
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Johnson Outdoors has reported that challenging market conditions, including lower consumer demand for outdoor recreation products and heavy promotional activity, have negatively impacted their Q3 results.
The company's Q3 results have been negatively impacted by lower consumer demand and heavy promotional activity, which are likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100