American Outdoor Brands Shares Soar After 1Q Sales Top Guidance

Dow Jones
17小時前
 

Shares of American Outdoor Brands rallied after the company's first-quarter sales exceeded its guidance, with strong growth across its portfolio.

In after hours trading, shares surged 29% to $12.85. The stock had been up 30% this year through Thursday's close.

The maker of hunting, fishing and camping gear said after the bell that sales rose 25% to $37.3 million from a year ago. Most of the increase reflected about $6 million in orders that were accelerated by retailers a year ago in anticipation of tariffs. Adjusting for that, sales were up about 4.3%.

In June, the company said that it expected sales on a normalized basis would be roughly flat to up slightly in the first quarter.

Chief Executive Brian Murphy said that the results were supported by increased sales from its largest retail partners and that consumer demand also remains healthy across its portfolio.

For the quarter-ended July 31, American Outdoor Brands reported a net loss of $1.5 million, or 12 cents a share, compared with a loss of $6.8 million, or 54 cents, a year earlier.

 
 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10