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Outdoor Holding (POWW) Stock News, Jan-May 2024

POWW Nasdaq

Outdoor Holding Company reports developments tied to GunBroker.com, its online marketplace for firearms, hunting, shooting and related products. Recent updates center on marketplace technology, seller listing tools, Federal Firearms License transfer workflows, quarterly results, investor communications, preferred stock dividends and common-stock repurchase authorization.

The company has also reported the resolution of legacy legal and regulatory matters and describes its post-divestiture focus as a marketplace-centered business. GunBroker.com listings are posted by third-party sellers, with firearm transactions governed by federal and state law and completed through licensed firearms dealers as transfer agents.

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AMMO, Inc. (Nasdaq: POWW), owner of GunBroker.com, announced it will release its Fourth Quarter and Fiscal Year 2024 financial results on June 13, 2024, after market close. A conference call will follow at 5:00 PM ET to discuss the results and provide corporate updates. Participants can preregister for the call online or join via dial-in numbers for domestic and international access. The call will also be webcast live on the company's website.

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AMMO, owner of GunBroker, the largest online marketplace for firearms, has partnered with Gearfire Capital to provide Buy Now, Pay Later (BNPL) financing solutions. This collaboration aims to boost sales for firearms retailers by offering flexible financing options to customers. CEO Jared Smith highlighted that this partnership will help retailers compete better by offering tailored financing, while Gearfire's CEO JW Shultz emphasized the potential for expanding customer bases. The new financing programs are expected to be available later in 2024.

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AMMO (Nasdaq: POWW, POWWP), based in Scottsdale, Arizona, and the owner of GunBroker.com, has announced a cash dividend for holders of its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. Shareholders on record as of May 31, 2024, will receive a dividend of $0.55902778 per share. The payment is scheduled for June 17, 2024.

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FAQ

What is the current stock price of Outdoor Holding (POWW)?

Outdoor Holding (POWW) last closed at $2.23.

What is the market cap of Outdoor Holding (POWW)?

The market cap of Outdoor Holding (POWW) is approximately $258.8M.