American Outdoor Brands Reports First Quarter Fiscal 2026 Results

American Outdoor Brands, Inc. ( (AOUT) ) has released its Q1 earnings. Here is a breakdown of the information American Outdoor Brands, Inc. presented to its investors.

American Outdoor Brands, Inc. (NASDAQ: AOUT) is a company specializing in innovative product solutions for outdoor enthusiasts, offering a diverse range of products for activities such as hunting, fishing, camping, and personal defense.

In its first quarter fiscal 2026 report, American Outdoor Brands, Inc. announced a decrease in net sales to $29.7 million, down 28.7% compared to the same quarter last year. Despite this decline, the company highlighted its continued focus on innovation and strategic partnerships to drive future growth.

Key financial metrics revealed a quarterly gross margin increase to 46.7%, up from 45.4% the previous year. However, the company reported a GAAP net loss of $6.8 million, a significant increase from the $2.4 million loss in the comparable quarter last year. The non-GAAP net loss was $3.3 million, contrasting with a non-GAAP net income of $748,000 in the prior year. The company attributed part of the sales decline to an acceleration of orders by retailers in the previous quarter.

Strategically, American Outdoor Brands is expanding its partnership with Major League Fishing, integrating new technology into its BUBBA brand, which is expected to enhance its subscription revenue stream. The company also maintained a strong financial position, ending the quarter debt-free with $17.8 million in cash, and repurchased approximately 240,000 shares of its stock.

Looking ahead, American Outdoor Brands remains focused on innovation and strengthening retail partnerships to navigate market fluctuations and maximize long-term value. The company is committed to leveraging its strong financial foundation to pursue growth opportunities and adapt to evolving consumer trends.