American Outdoor Brands(AOUT)

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5 Consumer Discretionary Stocks to Gain as Inflation Cools, Rates Cut
ZACKS· 2024-09-30 19:02
The Wall Street rally is back, with the Dow and the S&P 500 hitting fresh highs last week. Positive economic data coupled with the Federal Reserve’s recently announced rate cut is giving a boost to consumer sentiment. On Friday, fresh economic data showed that inflation continued its decline in August.Also, personal income and consumer spending have been steadily increasing. The Federal Reserve’s rate cut is going to ease price pressures further and allow consumers to spend freely ahead of the holiday seaso ...
American Outdoor Brands to Participate in CL King Conference
Prnewswire· 2024-09-13 17:17
COLUMBIA, Mo., Sept. 13, 2024 /PRNewswire/ -- American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an innovation company that provides product solutions for outdoor enthusiasts, today announced that it will participate in CL King's 22nd Annual Best Ideas Conference (virtual event) on Monday, September 16, 2024. To attend the American Outdoor Brands event, please reach out to CL King for details. Investors can access the company's webcast presentation, scheduled for September 16, 2024, at 12:30 p.m. ...
American Outdoor Brands Stock Continues To Be Overpriced
Seeking Alpha· 2024-09-10 19:19
Yves Adams American Outdoor Brands, Inc. (NASDAQ:AOUT) posted disappointing 1Q25 results. The company had guided for growth in FY25 but posted revenues 4% slower than last year in Q1 and guided for revenues down 8/9% in Q2. The shooting category is particularly challenged despite 2024 being an election year, which should generally involve the sale of more firearms. Despite this challenging start, the company maintained its yearly guidance. AOUT's markets remain challenging, but the company is improving in s ...
American Outdoor's Stock Up on Q1 Earnings & Revenue Beat
ZACKS· 2024-09-06 15:51
American Outdoor Brands, Inc. (AOUT) reported first-quarter fiscal 2025 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. The company’s top line surpassed the Zacks Consensus Estimate for the sixth straight quarter, whereas the bottom line beat the estimate after missing the preceding quarter.Following the results, the company’s shares increased 4.3% in the after-hour trading session on Sept. 5. AOUT’s Earnings & SalesIn the quarter under review, American Outdoor reported ad ...
American Outdoor Brands, Inc. (AOUT) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2024-09-06 00:42
American Outdoor Brands, Inc. (NASDAQ:AOUT) Q1 2025Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Liz Sharp - VP, IR Brian Murphy - President & CEO Andrew Fulmer - CFO Conference Call Participants Alex Sturnieks - Lake Street Capital Markets Operator Good day, everyone, and welcome to the American Outdoors Brand, Inc. First Quarter Fiscal 2025 Financial Results Conference Call. This call is being recorded. At this time, I would like to turn the call over to Liz Sharp, Vice Presid ...
American Outdoor Brands(AOUT) - 2025 Q1 - Earnings Call Transcript
2024-09-06 00:42
Financial Data and Key Metrics Changes - Net sales for Q1 were $41.6 million, a decrease of 4.1% compared to $43.4 million in Q1 last year [15][19] - Adjusted EBITDAs increased by more than 76%, reaching approximately $2 million for the quarter [9][15] - GAAP gross margin for Q1 was 45.4%, flat compared to Q1 last year, driven by lower amortization of tariff and freight variances [16][24] - GAAP EPS for Q1 was a loss of $0.18, an improvement from a loss of $0.31 last year, while non-GAAP EPS was $0.06 compared to $0.01 in Q1 last year [17] Business Line Data and Key Metrics Changes - In the shooting sports category, net sales declined by about 7% year-over-year, with new products partially offsetting declines in personal protection products [10][15] - The outdoor lifestyle category saw a slight decline in net sales of 1.7%, with new products from MEAT! and BUBBA brands performing well [11][15] - New products accounted for approximately 23% of net sales in the first quarter [13] Market Data and Key Metrics Changes - International net sales reached $4.4 million, representing over 10% of total net sales and a growth of over 21% [12] - POS sales in the outdoor lifestyle category were positive, while POS sales in shooting sports were weaker year-over-year [13] Company Strategy and Development Direction - The company focuses on innovation as a core strategy, aiming to gain market share, enter new product categories, and expand distribution [8][9] - The company has generated over $60 million in incremental organic revenue from new products since its spinoff in 2020, reflecting strong innovation vitality [9] - The company expects to deliver growth for fiscal 2025 despite potential quarterly fluctuations [6][23] Management's Comments on Operating Environment and Future Outlook - Management anticipates headwinds in the shooting sports category but remains optimistic about growth in the outdoor lifestyle category due to new product launches and distribution opportunities [22][23] - The company expects fiscal 2025 net sales to grow by as much as 2.5% compared to fiscal 2024 [22][23] - Management noted that consumer behavior remains resilient despite uncertainties related to inflation and the upcoming election [45][54] Other Important Information - The company ended the quarter with a strong cash position of $23.5 million and no debt, allowing for flexibility in capital allocation [19][21] - The company repurchased approximately 42,000 shares at an average price of $9.06 per share during the quarter [22] Q&A Session Summary Question: Performance of new products and future outlook - Management noted that new products generated a significant share of revenue and saw growth in international markets, particularly in Canada [28][29] Question: Current M&A market opportunities - Management indicated that more opportunities are emerging in the outdoor lifestyle segment, with higher quality acquisition targets becoming available [30][33] Question: Update on Grilla rollout and retail shelf spacing - Management confirmed that Grilla products are performing well on Amazon and emphasized the importance of strategic partnerships for retail launches [34][38] Question: Retail partner behavior as hunting season approaches - Management observed a mix of cautious optimism among retailers, with some managing inventories well and others still destocking [42][44] Question: Growth in international markets and distribution facilities - Management expressed optimism about the Canadian market and noted improvements in efficiency from the expanded distribution facility [46][50] Question: Consumer behavior and pricing decisions in shooting sports - Management highlighted the uncertainty in the shooting sports market due to the influx of new firearm owners and the upcoming election [54] Question: Clarification on gross margin expectations - Management clarified that the expected gross margin of 45% for the year is based on better freight rates and a normal promotional environment [58] Question: Impact of election cycle on shooting sports - Management stated that the forecast does not account for any potential bump from the election, focusing instead on current market dynamics [60]
American Outdoor Brands, Inc. (AOUT) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2024-09-05 22:16
American Outdoor Brands, Inc. (AOUT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four ...
American Outdoor Brands(AOUT) - 2025 Q1 - Quarterly Report
2024-09-05 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 Commission File No. 001-39366 American Outdoor Brands, Inc. (Exact name of registrant as specified in its charter) Delaware 84-4630928 (State or other jurisdiction of incorporation or organization) (I.R.S ...
American Outdoor Brands(AOUT) - 2025 Q1 - Quarterly Results
2024-09-05 20:05
Exhibit 99.1 1800 N Route Z Columbia, MO 65202 (800) 338-9585 NASDAQ: AOUT Contact: Liz Sharp, VP, Investor Relations lsharp@aob.com (573) 303-4620 American Outdoor Brands, Inc. Reports First Quarter Fiscal 2025 Financial Results • Net Sales $41.6 Million • GAAP Gross Margin 45.4% • Traditional Channel Sales $25.1 Million • E-Commerce Channel Sales $16.5 Million • International Net Sales $4.4 Million – Up 21% COLUMBIA, Mo., September 5, 2024 – American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an i ...
American Outdoor (AOUT) Q4 Earnings Lag Estimates, Net Sales Top
ZACKS· 2024-07-02 09:11
American Outdoor Brands, Inc. (AOUT) reported mixed fourth-quarter fiscal 2024 (ended Apr 30, 2024) results. It reported break-even earnings, which missed the Zacks Consensus Estimate, while net sales topped the same. The top line grew year over year, but the bottom line declined.The quarterly results reflect growth in its outdoor lifestyle and shooting sports categories on the back of new product launches across its several brands including BUBBA, Caldwell, Grilla, and Hooyman. The footprint expansion in C ...