{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-030378","form_type":"8-K","ticker":"AOUT","cik":"0001808997","company_name":"American Outdoor Brands, Inc.","filed_at":"2023-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.708513+00:00","generated_at":"2026-06-13T15:39:48.112413+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AOUT FY23 net sales $191.2M, down 22.8%; GAAP net loss $12.0M; guides FY24 up to 3.5% sales growth","bullets":["Full year net sales $191.2M, down 22.8% YoY; e-commerce $87.2M, traditional $104.0M.","GAAP net loss $12.0M ($0.90 diluted EPS); non-GAAP net income $6.6M ($0.48 diluted EPS).","Adjusted EBITDAS $12.8M (6.7% of sales) vs $35.0M (14.2%) prior year.","Q4 net sales $42.2M (-8.0%); Q4 non-GAAP EPS $0.06.","FY24 guidance: net sales could exceed FY23 by up to 3.5%; cash $22M, debt $5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-030378","json":"https://secwatch.observer/filing/0000950170-23-030378.json","markdown":"https://secwatch.observer/filing/0000950170-23-030378.md","text":"https://secwatch.observer/filing/0000950170-23-030378.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/0000950170-23-030378-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/aout-20230628.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:39:48.112413+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0bec319379eae3b6f510ca1e66fe1314338d8d94","claim":"American Outdoor Brands, Inc. reported Fourth Quarter Fiscal 2023 ended April 30, 2023 results: revenue $42.2 million, net income -$3.8 million, EPS -$0.29.","evidence_excerpt":"Quarterly net sales were $42.2 million, a decrease of $3.7 million, or 8.0%, compared with net sales of $45.9 million for the comparable quarter last year. Compared with pre-COVID levels in fiscal 2020, quarterly net sales declined 2.0%, while e-commerce sales grew 0.7% and traditional channel net sales declined by 4.3%. • Quarterly gross margin was 45.2%, an increase of 140 basis points, compared with quarterly gross margin of 43.8% for the comparable quarter last year. • Quarterly GAAP net loss was $3.8 million, or $0.29 per diluted share, compared with a GAAP net loss of $76.7 million, or $5.71 per diluted share, for the comparable quarter last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/0000950170-23-030378-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter Fiscal 2023 ended April 30, 2023"},{"label":"Revenue","value":"$42.2 million"},{"label":"Net income","value":"-$3.8 million"},{"label":"EPS","value":"-$0.29"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3378907a4db970238cd924c2d2a9610a4dadae72","claim":"American Outdoor Brands, Inc. reported Full Year Fiscal 2023 ended April 30, 2023 results: revenue $191.2 million, net income -$12.0 million, EPS -$0.90.","evidence_excerpt":"Full year net sales were $191.2 million, a decrease of $56.3 million, or 22.8%, compared with net sales of $247.5 million for the prior year. Compared with pre-COVID levels in fiscal 2020, total net sales grew 14.2%, while e-commerce sales grew 60.6% and traditional channel net sales declined by 8.0%. • Full year gross margin was 46.1%, a decrease of 10 basis points, from gross margin of 46.2% for the prior year. • Full year GAAP net loss was $12.0 million, or $0.90 per diluted share, compared with a GAAP net loss of $64.9 million, or $4.66 per diluted share, last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/0000950170-23-030378-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year Fiscal 2023 ended April 30, 2023"},{"label":"Revenue","value":"$191.2 million"},{"label":"Net income","value":"-$12.0 million"},{"label":"EPS","value":"-$0.90"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}