Johnson Outdoors Inc. (NASDAQ:JOUT) Q4 2023 Earnings Call Transcript

David Johnson: Sure. I mean, we’ve got an intentional and broad cost savings program that we feel good about going into this fiscal year. Most of it is focused on product cost in the supply chain. And like I said, it’s intentional. And I think it’s going to bear some fruit for us this year and into the future. So that will help gross margin. And hopefully it’ll help in a meaningful way, but we got to see it play out. We’ll also continue to look at expenses beyond just the product cost and make sure we’re prudent there and look throughout the enterprise for efficiencies with our expenses too.

Anthony Lebiedzinski: Got you. Okay. And lastly, do you have an estimate for CapEx for F’24?

David Johnson: I think it will be comparable to 2023.

Anthony Lebiedzinski: Okay. Understood. Okay. All right, well thanks very much and best of luck.

David Johnson: Thanks, Anthony.

Helen Johnson-Leipold: Thank you.

Operator: Thank you. [Operator Instructions] I’m showing no further questions at this time. I would like to turn the call back to Helen Johnson-Leipold for closing remarks.

Helen Johnson-Leipold: Just want to thank you all for joining, and I hope everybody has a happy holiday. Thank you. Have a great day.

Operator: Thank you for your participation in today’s conference. This does conclude the program. You may now disconnect.