BUZZ-Fishing equipment maker Johnson Outdoors up on quarterly revenue growth
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Johnson Outdoors shares rose 2% premarket to $44.02 after reporting fourth-quarter net sales of $135.8 million, up from $105.9 million a year ago. The company posted a quarterly loss of $29.1 million, an improvement from last year's $34.3 million loss. Improved gross margins were attributed to increased sales and lower promotional pricing. CEO Helen Johnson Leipold highlighted new product successes as a key driver. The stock is up 30% year-to-date.
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