JOUT

Key takeaways

• Gross margin reached 45.3%, the highest quarterly level since Q2 FY2021, driven by favorable overhead absorption on higher production volumes and a shift in product mix toward higher-margin products.
• Operating income rose 150.2% year over year to $18.3 million, as a $14.6 million increase in gross profit more than offset a $3.0 million rise in operating expenses.
• Revenue rose 5% to $189.7 million, with the filing attributing the increase primarily to the Fishing segment, which continued to benefit from new product introductions and a favorable comparison against a period of retailer inventory destocking.