Welcome to our dedicated page for American Outdoor news (Ticker: AOUT), a resource for investors and traders seeking the latest updates and insights on American Outdoor stock.
American Outdoor Brands (AOUT) delivers innovative solutions for outdoor enthusiasts through its portfolio of hunting, shooting sports, and rugged lifestyle products. This news hub provides investors and industry stakeholders with timely updates on corporate developments shaping the outdoor recreation market.
Track official press releases, earnings announcements, and strategic initiatives from this leading manufacturer of outdoor accessories. Our curated feed includes updates on product innovations, regulatory developments, and market expansion efforts across AOUT's core segments: shooting accessories, electro-optical devices, and outdoor cooking equipment.
Key updates cover new product launches, manufacturing advancements, and partnership announcements that demonstrate the company's commitment to quality and innovation. Investors will find essential financial communications including quarterly results, SEC filings, and corporate governance updates.
Bookmark this page for direct access to AOUT's latest operational developments and market positioning updates. Check back regularly for factual reporting on how this established brand continues evolving within the dynamic outdoor products sector.
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.
American Outdoor Brands (NASDAQ: AOUT) announced that President and CEO Brian Murphy and CFO Andrew Fulmer will attend the Jefferies Consumer Conference on June 17-18, 2024, in Nantucket, MA. The company, a leader in outdoor products and accessories, will discuss its offerings, including brands like BOG, BUBBA, Caldwell, and more. Investors can schedule one-on-one meetings through their Jefferies representative. For more details, visit www.aob.com.