American Outdoor Brands, Inc. (NASDAQ:AOUT) shares surged 25.47% to $12.56 in after-hours trading on Thursday after the Missouri-based provider of outdoor products and accessories announced its first-quarter fiscal 2027 results, with earnings per share coming in at $0.03, topping analysts’ expectations by 112%.

The company announced results for the period ended Jul. 31, after markets closed on Thursday. In the regular session, AOUT stock closed up 0.60% at $10.01, according to Benzinga Pro data.

Revenue Also Beats Expectations

American Outdoor Brands posted revenue of $37.25 million for the quarter, beating the estimated $35.64 million by 4.53%. Revenue increased 25.4% year-over-year.

GAAP net loss narrowed to $1.5 million, or $0.12 per diluted share, from a $6.8 million loss a year earlier. Non-GAAP net income was $415,000, versus a $3.3 million loss last year.

Chief Financial Officer Andrew Fulmer said, ” Sales growth in the quarter translated to solid financial performance.  Strength in new products helped accelerate margin expansion with gross margins increasing 630 basis points to 53.0%”

He also added that the company “generated meaningful cash flow and ended the quarter with $33.3 million in cash and no debt.”

Guidance

Management kept its full-year net sales guidance unchanged at $200 million to $210 million.

It raised its Adjusted EBITDA guidance to $14.5 million to $17.5 million.

Trading Metrics, Technical Analysis

American Outdoor Brands has a market capitalization of $126.31 million, a 52-week high of $14.97 and a 52-week low of $6.26.

The Relative Strength Index (RSI) of AOUT stands at 28.35.

The small-cap stock has dropped 2.25% over the past 12 months.

AOUT is currently positioned at about 43.1% of its 52-week trading range.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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