The Columbia-based firm saw its gross margin climb to 53.0%, a significant improvement over the 46.7% recorded during the same period last year. CEO Brian Murphy attributed the growth to a broad-based demand across the company’s portfolio, noting that new product introductions accounted for more than 36% of total net sales. Key products, such as the Caldwell ClayCopter and the BUBBA Pro Series Gen 2 Electric Fillet Knife, played pivotal roles in driving consumer engagement and securing industry accolades.
American Outdoor Brands Reports Turnaround in Fiscal First Quarter
Reporting a 25.4% jump in quarterly net sales to $37.3 million, American Outdoor Brands signal a return to profitability for the first quarter of fiscal 2027. The company narrowed its GAAP net loss to $1.5 million while achieving a positive non-GAAP net income of $415,000, bolstered by strong performance in its shooting sports and lifestyle divisions.
Financial stability remains a focal point for the company, which ended the quarter with $33.3 million in cash and zero debt. CFO Andrew Fulmer highlighted that this solid liquidity allows for continued investment in innovation and market expansion. Looking ahead, management reaffirmed its full-year revenue guidance between $200 million and $210 million, while raising its Adjusted EBITDA target to a range of $14.5 million to $17.5 million for fiscal 2027.
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