2023-09-07 16:48:55 ET
- American Outdoor Brands press release ( NASDAQ: AOUT ): Q1 Non-GAAP EPS of $0.01 beats by $0.01 .
- Revenue of $43.45M (-0.5% Y/Y) beats by $1.22M .
- Quarterly gross margin was 45.4%, an increase of 180 basis points, compared with quarterly gross margin of 43.6% for the comparable quarter last year.
- "Turning to our outlook, we believe our brands remain well positioned to capitalize on positive, long-term consumer outdoor participation trends. As a result, we continue to believe that our net sales for fiscal 2024 could exceed fiscal 2023 net sales by as much as 3.5%. We also believe our solid financial position enables us to continue investing in our business, returning capital to our stockholders, and addressing the exciting growth opportunities we have identified for our company," said Andrew Fulmer, CFO.
- Shares +4.1% .
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American Outdoor Brands Non-GAAP EPS of $0.01 beats by $0.01, revenue of $43.45M beats by $1.22M