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JOHNSON WORLDWIDE ASSOCIATES INC. REPORTS FISCAL 3RD QUARTER RESULTS

 RACINE, Wis., July 28 /PRNewswire/ -- Johnson Worldwide Associates, Inc. (NASDAQ: JWAIA) today reported results for the third quarter ended July 2, 1993. Sales increased 8 percent to $107 million from 99.1 million. Net income increased 10 percent to $7.0 million, or $.88 per share, for $6.4 million, or $.80 per share.
 For the nine months ended July 2, 1993, sales increased 2 percent to $270.7 million from $265.4 million in the year ago period. Net income was $13.0 million, or $1.63 per share, as compared to $13.3 million, or $1.67 per share, in the comparable year earlier period.
 Terence S. Malone, chairman and chief executive officer, said, "Recreation products recorded impressive sales gains in the third quarter, increasing 11 percent. The new Minn Kota electric fishing motors showed particularly strong gains and have increased market share significantly this year. Camping recovered from its slow start in the second quarter and showed good gains with Jack Wolfskin's line of outdoor clothing, tents and packs doing particularly well. Sales of Diving products also strengthened. Asian results, after a weak second quarter, had a strong recovery, and Europe again recorded solid gains. Marine sales showed a small sales increase after being down 7 percent in the second quarter."
 John D. Crabb, president and chief operating officer, added, "We are pleased with these results as they reflect JWA's ongoing efforts to improve the performance of our recreational products businesses and to optimize opportunities in these businesses."
 Johnson Worldwide Associates, Inc. is engaged in the manufacture and marketing of recreational products as well as marking system products for industrial and commercial applications.
 JOHNSON WORLDWIDE ASSOC., INC. AND SUBSIDIARIES
 3rd Quarter and Year-To-Date Results
 Summaries of Consolidate Income - Unaudited
 (In thousands, except per share amounts)
 3 Months Ended 9 Months Ended
 July 2, June 26, July 2, June 26,
 1993 1992 1993 1992
 Net sales $106,951 $ 99,111 $270,689 $265,386
 Gross profit 45,446 40,922 116,033 113,175
 Operating profit 14,431 12,340 30,536 31,327
 Interest expense 2,322 2,853 6,523 7,910
 Other expenses, net 902 141 2,590 1,795
 Income before
 income taxes 11,207 9,346 21,423 21,622
 Income tax expense 4,189 2,974 8,428 8,297
 Net income $ 7,018 $ 6,372 $ 12,995 $ 13,325
 - per come share $.88 $.80 $1.63 $1.67
 Average shares
 outstanding 7,998 8,002 7,975 7,972
 -0- 7/28/93
 /NOTE TO EDITORS: See separate news release, also dated July 28, regarding JWA repositioning./
 /CONTACT: John Cahill, vice president and chief financial officer of Johnson Worldwide Assoc., 414-631-2994/
 (JWAIA)


CO: Johnson Worldwide Associates, Inc. ST: Wisconsin IN: SU: ERN

TM -- NY105 -- 6887 07/28/93 16:01 EDT
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Date:Jul 28, 1993
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