American Outdoor Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023
November 30, 2023 at 04:15 pm EST
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American Outdoor Brands, Inc. reported earnings results for the second quarter and six months ended October 31, 2023. For the second quarter, the company reported sales was USD 57.93 million compared to USD 54.44 million a year ago. Net income was USD 0.077 million compared to USD 0.37 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago.
For the six months, sales was USD 101.38 million compared to USD 98.11 million a year ago. Net loss was USD 4.04 million compared to USD 5.33 million a year ago. Basic loss per share from continuing operations was USD 0.31 compared to USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.31 compared to USD 0.4 a year ago.
American Outdoor Brands, Inc. is a provider of outdoor lifestyle products and shooting sports accessories. The Company's outdoor lifestyle products and shooting sports accessories include hunting, fishing, outdoor cooking, camping, shooting, and personal security and defense products, for rugged outdoor enthusiasts. It designs, conceives, sources and sells its outdoor lifestyle products, including premium sportsman knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products. The Company distributes its products through e-commerce and traditional distribution channels. The Company offers its products under various brands, such as BOG, BUBBA, Caldwell, Crimson Trace, Frankford Arsenal, Grilla Grills, Hooyman, Imperial, LaserLyte, Lockdown, MEAT! Your Maker, Old Timer, Schrade, Tipton, Uncle Henry, ust and Wheeler.