Welcome to our dedicated page for Outdoor Holding Company news (Ticker: POWW), a resource for investors and traders seeking the latest updates and insights on Outdoor Holding Company stock.
Outdoor Holding Company (NASDAQ: POWW, POWWP) is the publicly traded parent and operator of GunBroker.com, which it describes as the largest online marketplace dedicated to firearms, hunting, shooting and related products. News about Outdoor Holding Company frequently centers on the performance and evolution of this pure-play e-commerce marketplace, as well as on corporate governance, capital allocation and regulatory developments.
Investors following POWW news can expect regular earnings announcements and related conference call details, where management discusses financial results, operational highlights and progress on its marketplace-focused strategy. Recent releases have covered quarterly results, the company’s transition to an asset-light, marketplace-only model after the sale of its ammunition manufacturing business, and updates on cost discipline, platform enhancements and marketplace metrics.
Company news also includes disclosures about share repurchase authorizations, preferred stock dividends on its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, and matters related to Nasdaq listing compliance. Governance and regulatory items, such as the settlement of an SEC investigation and the engagement of an outside compliance consultant, are communicated through press releases and associated SEC filings and can be tracked through this news feed.
Operational and legal developments affecting GunBroker.com are another key focus of Outdoor Holding Company news. The company has reported on court decisions confirming GunBroker.com’s status as an online marketplace and validating its intellectual property protection policies, as well as on corporate actions like relocating its headquarters to Atlanta, Georgia to align with its primary operating site. For investors, analysts and observers interested in the firearms and outdoor e-commerce space, the POWW news page provides a centralized view of these financial, legal and operational updates.
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AMMO, Inc. has announced encouraging updates in a letter to shareholders, highlighting a transformative year since acquiring GunBroker.com. The company reported record net revenues of $64.7 million in Q3 2022, with $17.6 million from the marketplace and a 33.45% increase in auction numbers year-over-year. The Board authorized a $30 million share repurchase program, and the company retains a full-year revenue guidance of approximately $250 million for FY2022, reflecting an anticipated 288% increase. AMMO is set to triple production capacity with a new facility opening in Summer 2022.
AMMO, Inc. (Nasdaq: POWW, POWWP) announced Richard Childress from its Board of Directors will appear on FOX & Friends on March 2, 2022, at 8:50 AM EST. This exposure aims to enhance brand visibility for AMMO, a key player in the firearms industry and owner of GunBroker.com, the leading online firearms marketplace. The company focuses on manufacturing ammunition and components for various applications. For further details, interested viewers can tune into FOX News to learn more about the discussions surrounding the firearms and shooting sports sectors.
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AMMO, Inc. (Nasdaq: POWW, POWWP) announced a cash dividend of $0.546875 per share for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend will be paid on March 15, 2022, to shareholders recorded as of the close of business on February 28, 2022. The Company continues to innovate within the ammunition industry, emphasizing its patented products. For more updates on AMMO and its offerings, visit www.ammo-inc.com.
AMMO, a leading ammunition producer, reported record net revenues of $64.7 million for Q3 fiscal 2022, reflecting a remarkable 289% increase year-over-year. Gross profit margin improved to 34.8% from 20.1%, with net income of $9.1 million compared to a loss last year. The company emphasizes strong demand, with ammunition sales rising 243% and marketplace revenue at $17.6 million. AMMO reaffirms its fiscal 2022 outlook of $250 million in revenue and $80 million in adjusted EBITDA, showcasing a positive growth trajectory.
AMMO, Inc. (Nasdaq: POWW, POWWP) has authorized a share repurchase program for up to $30 million of its outstanding common stock. The CEO, Fred Wagenhals, emphasized this decision as a commitment to increasing shareholder value while allowing the company flexibility in deploying cash flow. The repurchase can be executed at the company’s discretion based on market conditions and is expected to commence following the financial results for the 2022 3rd quarter. This initiative indicates AMMO's confidence in its growing revenues and strong balance sheet.
AMMO, Inc. (Nasdaq: POWW) announced it will release its fiscal Q3 2022 financial results on February 14, 2022, after market close. A conference call for investors will follow at 5:00 p.m. EDT. The company, recognized for its high-performance ammunition and components, emphasizes innovation within the munitions industry. Reports are anticipated to include key metrics related to earnings and revenue, providing insights into the company's performance and future direction.
AMMO, Inc. (NASDAQ: POWW) has announced its guidance for Q3 FY2022, projecting revenues exceeding $64 million, representing an estimated 288% increase year-over-year from $16.6 million in Q3 FY2021. This also indicates a 344% growth compared to the nine months ending December 31, 2020. CEO Fred Wagenhals highlighted the ongoing strong demand for both ammunition and GunBroker.com, the largest online marketplace for firearms and related products.
AMMO, Inc. (Nasdaq: POWW, POWWP) has reiterated its revenue guidance of $250 Million for the fiscal year ending March 31, 2022, citing robust demand in the ammunition market. CEO Fred Wagenhals emphasized the company's continued success with year-over-year revenue growth from GunBroker.com, the largest online firearms marketplace. The company is also set to open a new state-of-the-art plant in Wisconsin to meet increasing demand. Operating expenses are reportedly decreasing through enhanced technology and operational efficiencies.