AOBC - American Outdoor Brands: Coronavirus Sparks A Firearms Boom Destroys Short Thesis - 45% Upside
Please read the full disclaimer at the end of the report before reading further. This report represents the opinion of the author. Investors should do their own due diligence and come to their own conclusions.
Introduction
American Outdoor Brands (AOBC) is a holding company for firearms and outdoor products, including its flagship business, Smith & Wesson. Beginning in 2015-amidst the greatest boom (until now) in firearms history- former CEO James Debney embarked upon a $367M acquisition spree that left shareholders with a heavy debt load and a collection of money losing outdoor products businesses.
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