8-K
filed September 7, 2023, 7:59 PM ET
ticker AOUT
CIK 0001808997
earnings
confidence high
sentiment positive
materiality 0.70
American Outdoor Brands Q1 net sales $43.4M, GAAP loss narrows to $0.31/share
American Outdoor Brands, Inc.
2024-Q1 EPS reported
-$0.31
revenue$43,445,000
- Net sales $43.4M, down 0.5% YoY; traditional channel +8.4%, e-commerce -10.6%.
- Gross margin 45.4%, up 180 bps from 43.6% in prior year.
- GAAP net loss $4.1M ($0.31/diluted share) vs $5.7M ($0.42) last year.
- Non-GAAP net income $98,000 ($0.01/share); Adjusted EBITDAS $1.1M (2.6% of sales).
- Fiscal 2024 guidance: net sales could exceed FY2023 by up to 3.5%; zero debt, $18.7M cash.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
American Outdoor Brands, Inc. reported first quarter of fiscal 2024 ended July 31, 2023 results: revenue $43.4 million, net income Quarterly GAAP net loss was $4.1 million, EPS ($0.31) per diluted share.
- Period
- first quarter of fiscal 2024 ended July 31, 2023
- Revenue
- $43.4 million
- Net income
- Quarterly GAAP net loss was $4.1 million
- EPS
- ($0.31) per diluted share
- Result
- reported results
Exact text from the filing
Quarterly net sales were $43.4 million, a decrease of $231,000, or (0.5%), compared with net sales of $43.7 million for the comparable quarter last year.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
American Outdoor Brands, Inc. reported first quarter of fiscal 2024 ended July 31, 2023 results: revenue $43.4 million, net income Quarterly GAAP net loss was $4.1 million, EPS ($0.31) per diluted share.
- Period
- first quarter of fiscal 2024 ended July 31, 2023
- Revenue
- $43.4 million
- Net income
- Quarterly GAAP net loss was $4.1 million
- EPS
- ($0.31) per diluted share
- Result
- reported results
Exact text from the filing
AOUT Contact: Liz Sharp, VP, Investor Relations lsharp@aob.com (573) 303-4620 American Outdoor Brands, Inc. Reports First Quarter Fiscal 2024 Financial Results • Net Sales $43.4 Million • Gross Margin 45.4% (+180 Basis Points) • Traditional Channel Sales $25.0 Million – E-Commerce Channel Sales $18.4 Million • Operating Cash Flow of $5.2 Million COLUMBIA, Mo.,
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.