American Outdoor Brands Corporation (AOBC) Q2 2020 Earnings Conference Call December 5, 2019 5:00 PM ET Company Participants Liz Sharp - Vice President of Investor Relations James Debney - President & Chief Executive Officer Jeff Buchanan - Chief Financial Officer Conference Call Participants Jeff Molinari - Cowen & Co. James Hardiman - Wedbush Securities Scott Stember - C.L. King Steve Dyer - Craig-Hallum Mark Smith - Lake Street Maks Netrebov - 2A Media Operator Good day, everyone, and welcome to the Amer ...

American Outdoor Brands Corporation (AOBC) Q1 2020 Results Conference Call August 29, 2019 5:00 PM ET Company Participants Liz Sharp - VP, IR James Debney - President and CEO Jeff Buchanan - CFO Conference Call Participants Cai von Rumohr - Cowen James Hardiman - Wedbush Securities Scott Stember - C.L. King Steve Dyer - Craig-Hallum Mark Smith - Lake Street Maks Netrebov – Maks Financial Services Operator Good day, everyone, and welcome to American Outdoor Brands Corporation First Quarter Fiscal 2020 Financ ...

American Outdoor Brands Corporation (AOBC) Q4 2019 Results Earnings Conference Call June 19, 2019 5:00 PM ET Company Participants Liz Sharp - VP of IR James Debney - President and CEO Jeff Buchanan - CFO Conference Call Participants James Hardiman - Wedbush Ryan Sigdahl - Craig Hallum Cai Von Rumohr - Cowen and Company Scott Stember - CL King Mark Smith - Lake Street Ronald Bookbinder - IFS Securities Maks Netrebov - 2A Media Operator Good day, ladies and gentlemen, and welcome to the American Outdoor Brand ...

Financial Data and Key Metrics Changes - Revenue for Q3 was $162 million, an increase of 2.9% year-over-year [33] - Total company gross margin for the quarter was 33.4%, compared to 29.8% in the prior year [34] - GAAP EPS for Q3 was a loss of $0.10, compared to income of $0.21 in the prior year [38] - Non-GAAP EPS was $0.16 in the current quarter, up from $0.09 in the prior comparable quarter [39] Business Line Data and Key Metrics Changes - Firearms segment revenue was $123.6 million, an increase of 5.1% year-over-year [33] - Outdoor products and accessories segment revenue was $41.9 million, a decrease of 6.3% year-over-year [33] - The outdoor products and accessories division delivered 4.3% organic growth, offset by declines in the electro-optics division [12] Market Data and Key Metrics Changes - Adjusted NICS background checks for handguns declined 8% year-over-year, while units shipped to distributors increased 10% [17] - Adjusted NICS background checks for long guns declined 7% year-over-year, while units shipped increased nearly 12% [17] - February adjusted NICS results were down 12.8% year-over-year, the lowest for any February since 2011 [18] Company Strategy and Development Direction - The company is restructuring the electro-optics division into the outdoor products and accessories division to improve operating efficiencies [13] - A new logistics and customer services facility is being established to centralize operations and enhance efficiencies [28] - The focus remains on innovation and new product development to support organic growth [23] Management's Comments on Operating Environment and Future Outlook - Management maintains a positive long-term view of the electro-optics business despite recent challenges [15] - The firearms market is described as soft, with expectations for modest changes in Q4 [62] - The company is optimistic about the outdoor products and accessories market, citing good growth prospects [64] Other Important Information - A partial impairment of goodwill of $10.4 million was recorded for the electro-optics division due to revised revenue forecasts [35] - Operating cash flow for the quarter was $11.7 million, with capital spending of $8.3 million primarily related to the new logistics facility [40] Q&A Session Summary Question: Impairment on electro-optics and firearms sales - The impairment was based on long-range forecasts and market conditions, not solely on Q4 performance [49] Question: Duplicative costs of the new facility - Duplicative costs are expected to peak in Q4 and Q1 of the next year, with benefits seen after integrating the Jacksonville facility [53] Question: Future growth prospects - Growth is anticipated from the outdoor products and accessories division, with a focus on consolidating operations and potential acquisitions [65] Question: Industry outlook and stability - The market is expected to remain stable in the absence of fear-based buying, with distributors and retailers managing inventory well [76] Question: Tax rates and CapEx expectations - The tax rate for Q4 is expected to be around 28%, with CapEx projected to remain similar to the current year [80][81]