American Outdoor Brands (NASDAQ:AOUT) Releases Quarterly Earnings Results

American Outdoor Brands (NASDAQ:AOUT) posted its quarterly earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.27, FiscalAI reports. American Outdoor Brands had a positive return on equity of 0.67% and a negative net margin of 4.83%.The company had revenue of $37.25 million for the quarter, compared to analysts’ expectations of $35.64 million.

Here are the key takeaways from American Outdoor Brands’ conference call:

• American Outdoor Brands reported a strong start to fiscal 2027, with first-quarter net sales rising 25.4% to $37.3 million and adjusted EBITDA improving to $1.2 million from a $3.1 million loss. Growth was broad-based across outdoor lifestyle and shooting sports, supported by stronger retailer replenishment, e-commerce, direct-to-consumer, and international sales.
• Innovation remained a key growth and margin driver: new products represented 36% of Q1 sales, well above the company’s historical 20%-25% range. Caldwell’s Claymore and ClayCopter products were highlighted as major contributors, while BUBBA’s paid subscriptions reached the six-figure dollar range on a trailing-12-month basis.
• Gross margin expanded 630 basis points to 53%, aided by new-product margins, favorable channel mix, pricing actions, and e-commerce growth. The company raised fiscal 2027 adjusted EBITDA guidance to $14.5 million-$17.5 million from $13 million-$16 million, while maintaining net sales guidance of $200 million-$210 million.
• The balance sheet remained strong, with $33.3 million in cash, no debt, and more than $120 million of total available capital. Operating cash flow was $13 million in Q1, compared with a $1.7 million use of cash in the prior-year quarter.
• Tariff costs are expected to pressure gross margin beginning in the third quarter, with the full quarterly impact reflected in Q4 as capitalized tariff costs flow through inventory. Management also noted measured consumer spending and continued pressure on entry-level and mid-priced outdoor products.

American Outdoor Brands Stock Performance

Shares of NASDAQ:AOUT opened at $10.01 on Friday. The firm has a 50 day simple moving average of $12.52 and a 200 day simple moving average of $10.44. American Outdoor Brands has a 52 week low of $6.26 and a 52 week high of $14.97. The company has a market cap of $126.33 million, a PE ratio of -13.71 and a beta of 0.27.

American Outdoor Brands News Roundup

Here are the key news stories impacting American Outdoor Brands this week:

• Positive Sentiment: Q1 earnings and revenue beat expectations. American Outdoor Brands reported earnings of $0.03 per share, compared with analyst expectations for a $0.24 loss per share and a $0.26 loss in the year-ago quarter. Revenue rose to $37.25 million, exceeding the $35.64 million consensus estimate. American Outdoor Brands Fiscal 2027 First-Quarter Results
• Positive Sentiment: Management raised its fiscal 2027 operating income outlook. The improved forecast, combined with the return to adjusted profitability, signals better operating momentum and was a key reason the stock advanced. American Outdoor Raises Fiscal 2027 Operating Income Outlook
• Positive Sentiment: Fiscal 2027 adjusted EBITDA guidance was increased to $14.5 million-$17.5 million. The company expects full-year net sales of $200 million-$210 million, a range that broadly brackets the $205.1 million analyst consensus. American Outdoor Fiscal 2027 Sales and EBITDA Guidance
• Neutral Sentiment: The sales outlook is encouraging but not materially above expectations, so further gains may depend on the company converting revenue growth into sustained profitability and meeting the higher EBITDA target. American Outdoor Brands Shares Rise After First-Quarter Sales Beat
• Negative Sentiment: Despite the quarterly improvement, American Outdoor Brands continues to report a negative net margin, and its small market capitalization can contribute to elevated volatility. Shares remain below their 50-day moving average, underscoring that investors may still view the recovery as unproven.

Institutional Trading of American Outdoor Brands

Several hedge funds and other institutional investors have recently modified their holdings of AOUT. Jacobs Levy Equity Management Inc. acquired a new position in American Outdoor Brands during the first quarter valued at $163,000. Goldman Sachs Group Inc. lifted its stake in American Outdoor Brands by 58.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 60,110 shares of the company’s stock worth $731,000 after acquiring an additional 22,232 shares in the last quarter. Empowered Funds LLC boosted its position in American Outdoor Brands by 8.4% during the 1st quarter. Empowered Funds LLC now owns 25,399 shares of the company’s stock worth $309,000 after acquiring an additional 1,972 shares during the period. Jane Street Group LLC boosted its position in American Outdoor Brands by 76.5% during the 1st quarter. Jane Street Group LLC now owns 53,240 shares of the company’s stock worth $647,000 after acquiring an additional 23,070 shares during the period. Finally, Geode Capital Management LLC grew its stake in American Outdoor Brands by 104.7% during the 2nd quarter. Geode Capital Management LLC now owns 293,683 shares of the company’s stock valued at $3,070,000 after acquiring an additional 150,202 shares in the last quarter. Institutional investors and hedge funds own 49.87% of the company’s stock.

Wall Street Analyst Weigh In

AOUT has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d-)” rating on shares of American Outdoor Brands in a report on Wednesday, June 24th. Lake Street Capital upped their target price on American Outdoor Brands from $14.00 to $15.00 and gave the company a “buy” rating in a report on Friday, June 26th. Zacks Research downgraded American Outdoor Brands from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Roth Capital reiterated a “buy” rating and issued a $13.50 price target on shares of American Outdoor Brands in a research report on Friday, June 26th. Finally, Wall Street Zen raised American Outdoor Brands from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $14.25.

American Outdoor Brands Company Profile

American Outdoor Brands, Inc designs, manufactures and distributes a broad range of outdoor sports and recreational products for consumers and commercial end users. Through its Shooting & Accessories and Functional Outdoor Approaches segments, the company offers shooting sports equipment, hunting and fishing accessories, archery gear, tactical and personal defense solutions, outdoor apparel, fitness products and knife and tool categories. Its portfolio encompasses well-known brands such as Wheeler®, Tipton®, Caldwell®, Hogue®, Manticore Arms® and other specialty labels.

Formed as a standalone public company in 2016 following a spin-off from Smith & Wesson, American Outdoor Brands has its headquarters in Columbia, Missouri, with manufacturing, distribution and sales operations across North America.