JOUT net income declined 45% to $10,856,000 in the fiscal first quarter ended Dec. 31 from $19,847,000 last year on $153,524,000 in sales, down 7% from last year’s record $165,667,000. Gross margin declined 580 basis points to 39.5%, due to increased costs of raw materials and freight. Fishing sales dropped 15% to $108.4 million on supply chain disruptions and delays, despite strong demand. Camping was up 16% to $14.1 million on ... Log in to view full article.