Johnson Outdoors’ earnings for its second fiscal quarter, ended on March 27, declined by 7 percent from the year-ago period to $20.4 million. Total revenues were down by 8 percent to $163.1 million, but the gross margin improved by 1.6 percentage points to 46.1 percent, thanks to stronger pricing and an improved mix. The Diving segment contracted by 29 percent to $14.3 million, because of the impact of Covid-19 on dive markets across Europe, Asia-Pacific and North America. Revenues from the Fishing segment fell 3 percent to $134.0 million. The Camping division saw sales decline by 7 percent to $8.8 million The Watercraft Recreation segment tumbled by 38 percent to $6.1 million.The management expects the next quarter to be significantly affected by the coronavirus. However, it said its healthy cash position will be beneficial as these challenges are worked through.

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