earnings
confidence high
sentiment neutral
materiality 0.60
American Outdoor Brands Q3 net sales up 5% to $53.4M; GAAP loss ($0.23)/share, non-GAAP EPS $0.08
American Outdoor Brands, Inc.
2024-Q3 EPS reported
-$0.53
revenue$154,801,000
- Net sales $53.4M (+5% YoY); Traditional channel +8.1% to $28.5M, e-commerce +1.6% to $24.9M.
- Gross margin 42.7% (down 440 bps from 47.1%) on tariff/freight cost amortization from earlier inventory purchases.
- GAAP net loss $2.9M ($0.23 diluted); non-GAAP net income $1.0M ($0.08 diluted) vs $1.7M ($0.13) last year.
- Non-GAAP Adjusted EBITDAS $2.4M (4.4% of sales) vs $3.3M (6.4%) last year.
- Cash $15.9M, no debt; repurchased ~$1.8M stock; FY2024 sales guidance: could exceed FY2023 by up to 3.5%.