---
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"
generated_at: "2026-06-13T15:39:48.112413+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AOUT FY23 net sales $191.2M, down 22.8%; GAAP net loss $12.0M; guides FY24 up to 3.5% sales growth

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-030378
- JSON: https://secwatch.observer/filing/0000950170-23-030378.json
- Plain text: https://secwatch.observer/filing/0000950170-23-030378.txt

## Key facts
- Earnings Releases
  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.
  - Period: Fourth Quarter Fiscal 2023 ended April 30, 2023
  - Revenue: $42.2 million
  - Net income: -$3.8 million
  - EPS: -$0.29
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/0000950170-23-030378-index.htm
- Earnings Releases
  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.
  - Period: Full Year Fiscal 2023 ended April 30, 2023
  - Revenue: $191.2 million
  - Net income: -$12.0 million
  - EPS: -$0.90
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1808997/000095017023030378/0000950170-23-030378-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.