Core Insights - American Outdoor Brands, Inc. (NASDAQ:AOUT) reported Q3 FY2026 results with quarterly revenue of $56.6 million, exceeding analyst estimates of $55.16 million but showing a year-over-year decline of 3.3% [1][3] - The decline in revenue was primarily due to a 15% drop in the Shooting Sports category, while the Outdoor Lifestyle category grew by 5.4%, contributing over 62% of total Q3 revenue [1][3] Financial Performance - The non-GAAP EPS for the quarter was $0.12, surpassing consensus estimates by over 71%, although it decreased from $0.21 in Q3 FY2025 [3] - On a GAAP basis, EPS fell to -$0.32 compared to a gain of $0.01 a year ago, attributed to a one-time, non-cash impairment charge related to the UST brand [3] - Gross margin for the quarter decreased to 41.0% from 44.7% in Q3 FY2025, impacted by tariff-related costs, with expectations of further margin compression in Q4 [4] Future Outlook - Management maintained its full-year FY2026 outlook, projecting net sales between $191 million and $193 million, gross margin of 42%-43%, and adjusted EBITDA of 4%-4.5% of net sales [4]