American Outdoor Brands Q1 revenue rises on outdoor lifestyle growth

American Outdoor Brands

03/09/2026 21:18

Overview
U.S. outdoor products maker's fiscal Q1 revenue rose 25% yr/yr
Adjusted EPS turned positive from a loss last year
Gross margin expanded to 53.0% from 46.7% yr/yr

Outlook
Company maintains fiscal 2027 net sales guidance of $200 mln to $210 mln
Company raises fiscal 2027 Adjusted EBITDA guidance to $14.5 mln to $17.5 mln
Company expects seasonally stronger sales in second and third quarters

Result Drivers
CATEGORY GROWTH - Co said sales growth was broad-based across Outdoor Lifestyle and Shooting Sports categories, supported by increased sales with largest retail partners
NEW PRODUCTS - Innovation remained a key driver, with new products representing more than 36% of net sales
PRODUCT LAUNCHES AND AWARDS - Launch of Caldwell ClayCopter platform and BUBBA Pro Series Gen 2 Electric Fillet Knife, both recognized by industry awards, contributed to performance and consumer engagement

Company press release: ID:nPn1DRlhja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$37.25 mln
$35.64 mln (2 Analysts)
Q1 Adjusted EPS
Beat
$0.03
-$0.24 (2 Analysts)
Q1 Net Loss
 
$1.53 mln
 
Q1 Gross Profit
 
$19.74 mln
 
Q1 Operating Expenses
 
$21.85 mln
 
Q1 Operating Loss
 
$2.12 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the recreational products peer group is "buy"
Wall Street's median 12-month price target for American Outdoor Brands Inc is $14.25, about 43.2% above its September 2 closing price of $9.95
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 27 three months ago

Reuters Recommended Reads
Sept 2 - Five Below Q2 sales beat estimates on strong comparable growth; raises annual outlook
Sept 2 - Ollie’s Bargain Outlet Q2 net sales miss estimates

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)