earnings
confidence high
sentiment neutral
materiality 0.60
American Outdoor Brands Q2 FY2024: net sales $57.9M (+6.4% YoY), GAAP EPS $0.01, non-GAAP EPS $0.25
American Outdoor Brands, Inc.
2024-Q2 EPS reported
-$0.31
revenue$101,376,000
- Net sales $57.9M, up 6.4% YoY; gross margin 45.7%, down 200 bps from 47.7%.
- GAAP net income $77k ($0.01 diluted EPS) vs $370k ($0.03) YoY; non-GAAP net income $3.3M ($0.25) vs $4.0M ($0.29).
- Non-GAAP Adjusted EBITDAS $5.2M (9.0% of sales) vs $6.4M (11.8%) YoY.
- Ended quarter with $8.4M cash, no debt; repurchased ~$1.5M of common stock.
- Fiscal 2024 net sales guidance: could exceed FY2023 by up to 3.5%.