Net income inched up 1% in JOUT’s fiscal second quarter ended Mar. 29 to $21,923,000 from $21,620,000 on a 7% top line increase to $177,707,000 from $165,778,000 helped by a double-digit gain in fishing equipment. Gross margin narrowed 20 basis points to 44.5%, including $1.4 million in tariffs on China-sourced products, but SG&A leveraged 20 b.p. as a percent of sales. The fishing segment jumped 10% to $138.2 million driven by new product introductions and had a 12% gain ... Log in to view full article.