American Outdoor Brands, Inc. develops and markets outdoor products and accessories for hunting, fishing, camping, shooting, meat processing, outdoor cooking, personal security, and personal defense. Company news commonly covers fiscal results, brand performance, product introductions, and category trends across its Outdoor Lifestyle and Shooting Sports activities.
Recurring updates include launches and platform expansions under brands such as Caldwell®, BUBBA®, BOG®, Crimson Trace®, MEAT! Your Maker®, Grilla Grills®, Schrade®, Tipton®, and Wheeler®. News also includes intellectual-property protection for proprietary product designs, capital deployment and acquisition-related capabilities, and conference-call announcements tied to operating results.
American Outdoor Brands (AOUT) will participate in a Fireside Chat at the CL King 18th Annual Best Ideas 2020 Virtual Conference on September 16, 2020, at 10:15 a.m. Eastern time. The event will be available via webcast. American Outdoor Brands is a leader in outdoor products, catering to enthusiasts with brands like Caldwell, Crimson Trace, and Smith & Wesson Accessories. The company intends to share forward-looking information during the presentation and invites interested parties to tune in.
American Outdoor Brands (AOUT) reported strong first-quarter fiscal 2021 results, ending July 31, 2020. Net sales surged to $50.5 million, up 51.9% from $33.2 million a year earlier, driven by e-commerce and traditional sales. Gross margin improved to 47.0%, a 590 basis point increase. The company posted a net income of $1.8 million or $0.13 per diluted share, compared to a net loss of $(5.0) million or $(0.36) last year. Adjusted EBITDAS was $8.7 million, signaling strong profitability and growth.