American Outdoor Brands Fiscal Q1 Swings to Adjusted Earnings, Revenue Rises
MT Newswires Live
19 hours ago
American Outdoor Brands (AOUT) reported fiscal Q1 non-GAAP earnings late Thursday of $0.03 per diluted share, swinging from a loss $0.26 year earlier.
Two analysts polled by FactSet expected a loss of $0.24.
Net sales for the quarter ended July 31 were $37.3 million, up from $29.7 million a year earlier.
Two analysts expected $35.6 million.
For fiscal 2027, the company maintained its net sales forecast of $200 million to $210 million. Two analysts expect $205.1 million.
Shares of the company rose over 16% in after-hours trading.
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