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American Outdoor Brands, Inc. - $AOUT STOCK NEWS

Welcome to our dedicated page for American Outdoor Brands news (Ticker: $AOUT), a resource for investors and traders seeking the latest updates and insights on American Outdoor Brands stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Outdoor Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Outdoor Brands's position in the market.

Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) settles patent litigation with Vista Outdoor Sales and Bushnell Holdings, Inc. to protect proprietary designs. The settlement resolves infringement claims on electronic powder dispenser and hunting blind products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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none
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Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) will participate in the 36th Annual ROTH Conference on March 18, 2024, providing an opportunity for institutional investors to engage with the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
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conferences
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Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) reports solid financial results for Q3 fiscal 2024 with net sales of $53.4 million, up 5.0% from the previous year. Traditional channel sales increased by 8.1% while e-commerce channel sales grew by 1.6%. Gross margin was 42.7%, impacted by tariff and freight costs. GAAP net loss was $2.9 million, but non-GAAP net income was $1.0 million. Adjusted EBITDAS was $2.4 million. The company remains optimistic about future sales growth and product innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.33%
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Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) to Release Third Quarter Fiscal 2024 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.5%
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Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) announced the appointment of James Tayon as Chief Product Officer. Tayon will lead the strategic product direction, product innovation, design, development, and marketing. Brian Murphy, President and CEO, praised Tayon's contributions to the company's culture of innovation and long-term growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
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none
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Rhea-AI Summary
American Outdoor Brands, an industry-leading provider of products for outdoor enthusiasts, reported a 6.4% increase in net sales to $57.9 million for the second quarter of fiscal 2024. Traditional channel sales were up 8.7% to $34.5 million, and e-commerce channel sales rose by 3.3% to $23.4 million. However, gross margin decreased to 45.7%, and GAAP net income dropped to $77,000. Non-GAAP net income was $3.3 million, and non-GAAP Adjusted EBITDAS was $5.2 million. The company is optimistic about its retail expansion and long-term growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
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Rhea-AI Summary
American Outdoor Brands, Inc. (AOUT) to Release Second Quarter Fiscal 2024 Financial Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
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-
Rhea-AI Summary
American Outdoor Brands appoints Brent Vulgamott as Chief Operating Officer, recognizing his contributions in expanding operational infrastructure and executing go-to-market strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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none
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Rhea-AI Summary
American Outdoor Brands, Inc. announces $10 million share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
buyback management
Rhea-AI Summary
American Outdoor Brands secures settlement and permanent injunction against The Allen Company for patent infringement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
American Outdoor Brands, Inc.

Nasdaq:AOUT

AOUT Rankings

AOUT Stock Data

104.10M
10.73M
4.61%
60.76%
0.64%
Sporting and Athletic Goods Manufacturing
Manufacturing
Link
United States of America
COLUMBIA

About AOUT

american outdoor brands corporation (nasdaq: aobc) represents a broad and growing array of brands and companies in the shooting, hunting, and outdoor enthusiast markets. we are dedicated to creating, growing, and preserving strong consumer brands that deliver innovative and high-quality products. our efforts focus on meeting the needs of consumers who have a passion for the adventure, freedom, and personal inspiration offered by embracing the great outdoors. we have successfully grown from a single firearms operating division founded in 1852 under the iconic smith & wesson brand to four operating divisions today. with more than 18 highly respected consumer brands -- and growing -- we are well positioned to serve the large outdoor lifestyle products market opportunity. as a result, on january 1, 2017, we changed the name of our holding company to ‘american outdoor brands corporation’. we believe this name represents our enhanced strategic direction, our broad range of product offerings,