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Benzinga
Benzinga
Business
Benzinga Insights

Johnson Outdoors Earnings Perspective: Return On Capital Employed

Johnson Outdoors JOUT Nasdaq

According to Benzinga Pro data Johnson Outdoors (NASDAQ:JOUT) posted a 8.81% decrease in earnings from Q1. Sales, however, increased by 23.51% over the previous quarter to $189.62 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Johnson Outdoors is not utilizing their capital as effectively as possible. In Q1, Johnson Outdoors earned $10.86 million and total sales reached $153.52 million.

Why Is ROCE Significant?

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