American Outdoor Stock Price, News & Analysis

American Outdoor Brands (NASDAQ: AOUT) reported strong Q2 FY2025 results with net sales increasing 4.0% to $60.2 million. The company achieved significant improvements in profitability, with gross margin expanding 230 basis points to 48.0% and GAAP net income reaching $3.1 million ($0.24 per diluted share).

Notable growth was seen across all channels: Traditional (+4.3%), E-Commerce (+3.5%), Domestic (+3.4%), and International (+14.8%). The Outdoor Lifestyle category grew 5.4%, while Shooting Sports increased 1.9%. Non-GAAP Adjusted EBITDAS rose 42.9% to $7.5 million. Based on strong performance and positive retailer feedback, the company increased its FY2025 guidance and established FY2026 net sales outlook of $220-230 million.

American Outdoor Brands (NASDAQ: AOUT) announced it will release its second quarter fiscal 2025 financial results on Thursday, December 5, 2024, after market close. The company will host a conference call and webcast on the same day to discuss the results. Brian Murphy, President and CEO, and Andy Fulmer, CFO, will be the speakers. The full press release will be available on the company's website under the Investor Relations section.

American Outdoor Brands (NASDAQ: AOUT) has announced a new $10 million share repurchase program starting October 1, 2024, and ending September 30, 2025. This follows a prior program initiated in 2023, which resulted in 412,735 shares repurchased at an average price of $8.70 per share, totaling approximately $3.6 million. Brian Murphy, President and CEO, stated that this decision reflects the board's confidence in the business and commitment to stockholder value creation.

The company, with a strong, debt-free balance sheet, aims to prioritize investments in growth, both organically and through M&A activities, while maintaining its commitment to returning capital to stockholders. The repurchase program allows for shares to be bought on the open market, in block trades, or through private negotiations, with the amount and timing at management's discretion.

American Outdoor Brands (NASDAQ: AOUT) has announced the postponement of its 2024 Annual Meeting of Stockholders. The delay is to allow the company to file a revised proxy statement that will include a binding proposal to eliminate supermajority voting requirements for amendments to its certificate of incorporation and bylaws. This decision comes after considering the vote at the 2023 Annual Meeting on a non-binding stockholder proposal to eliminate these requirements, as well as additional stockholder feedback.

The company emphasizes its commitment to strong corporate governance practices, citing its voluntary declassification of the Board of Directors in 2021 and a previous attempt to eliminate supermajority voting requirements in 2022. American Outdoor Brands plans to file the revised proxy statement in the coming weeks, and all previously submitted proxies and votes will be disregarded. Stockholders are advised to review the revised proxy statement once available and vote on the new proxy card.

American Outdoor Brands (NASDAQ: AOUT), an innovation company for outdoor enthusiasts, announced its participation in CL King's 22nd Annual Best Ideas Conference on September 16, 2024. The virtual event will feature a webcast presentation by AOUT at 12:30 p.m. ET, accessible at https://wsw.com/webcast/clk24/aout/1670400. An archived replay will be available for approximately 90 days.

AOUT provides product solutions for various outdoor activities, including hunting, fishing, camping, shooting, and outdoor cooking. The company owns several well-known brands such as BOG, BUBBA, Caldwell, Crimson Trace, Grilla Grills, and more. Investors interested in attending the event should contact CL King for details.

American Outdoor Brands (NASDAQ: AOUT) reported Q1 fiscal 2025 results with net sales of $41.6 million, down 4.1% year-over-year. The company posted a GAAP net loss of $2.4 million ($0.18 per share) compared to a $4.1 million loss last year. Non-GAAP net income improved to $748,000 ($0.06 per share) from $98,000 a year ago.

Key highlights include:

• Gross margin steady at 45.4%
• Adjusted EBITDAS up 76% to $2.0 million (4.8% of sales)
• International sales grew 21% to $4.4 million
• New products launched within 24 months generated 23% of sales
• $23.5 million cash balance with no debt

The company remains optimistic about fiscal 2025 growth prospects despite headwinds in the Shooting Sports category.

American Outdoor Brands (NASDAQ: AOUT) has announced the release date for its first quarter fiscal 2025 financial results. The company, which provides products for outdoor enthusiasts, will publish its results on Thursday, September 5, 2024, after market close. A conference call and webcast will follow to discuss the financial and operational outcomes. Brian Murphy, President and CEO, and Andy Fulmer, CFO, will be speaking during the call. The full press release will be available on the company's website under the Investor Relations section.

American Outdoor Brands (NASDAQ: AOUT) reported FY24 net sales of $201.1 million, a 5.2% increase from the prior year. Traditional channel sales grew 12.3%, while e-commerce sales declined 3.3%. Gross margin was 44.0%, down from 46.1% last year due to tariff and freight costs. The GAAP net loss was $12.2 million ($0.94 per diluted share), slightly higher than $12.0 million ($0.90 per diluted share) last year. Non-GAAP net income was $4.3 million ($0.32 per diluted share), a decrease from $6.6 million ($0.48 per diluted share). Adjusted EBITDAS dropped to $9.8 million from $12.8 million. Quarterly net sales rose 9.7% to $46.3 million. Quarterly GAAP net loss was $5.3 million ($0.42 per diluted share), up from $3.8 million ($0.29 per diluted share). CEO Brian Murphy highlighted strategic growth and product innovation as key drivers for fiscal 2024.

American Outdoor Brands (NASDAQ: AOUT) will release its fiscal 2024 Q4 and full-year financial results on June 27, 2024, post-market close. The company, which provides products for outdoor enthusiasts, will also host a conference call and webcast to discuss the results. Key speakers include CEO Brian Murphy and CFO Andy Fulmer. The press release will be accessible on the company’s website in the Investor Relations section.