AOUT - American Outdoor Brands EPS misses by $0.18 misses on revenue; narrows FY guidance

American Outdoor Brands (NASDAQ:AOUT): Q2 Non-GAAP EPS of $0.58 misses by $0.18; GAAP EPS of $0.32 misses by $0.20. Revenue of $70.8M (-10.5% Y/Y) misses by $11.43M. Shares -3.5%. Press Release Gross Margin 46.7% "As we exited the second quarter, we were pleased to receive data from our retail partners indicating that POS trends for our products remain strong. Based on our first half results, combined with what we believe is the consumer's preference for our strong portfolio of brands, and our current visibility into the second half of the year, we are narrowing our guidance range for fiscal year 2022, which represents net sales growth of 2% over fiscal year 2021, and net sales growth of 69% over fiscal 2020."

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American Outdoor Brands EPS misses by $0.18, misses on revenue; narrows FY guidance