Net Sales Growth
American Outdoor Brands reported net sales of $58.5 million for Q3, marking a 9.5% increase over the previous year.
Outdoor Lifestyle Category Success
Net sales in the outdoor lifestyle category grew by 15.1%, driven by strong performance in the Meet Your Maker and BOG brands.
Increased Adjusted EBITDAS
Adjusted EBITDAS nearly doubled year-over-year to $4.7 million from $2.4 million, with a trailing twelve-month increase of 45%.
Gross Margin Improvement
The GAAP gross margin for Q3 increased by 200 basis points to 44.7% from 42.7%.
Innovation in Product Development
New products like the Bubba Smartfish Scale Lite and the Caldwell Clay Copter highlight the company's innovation advantage, contributing to over 20% of net sales annually.
Share Repurchase Program and Strong Balance Sheet
The company repurchased approximately $1.2 million of its common stock, maintaining a strong balance sheet with $17.1 million in cash and no debt.
Positive Guidance for Fiscal 2026
Expectations for net sales in fiscal 2026 are between $220 million and $230 million, representing a growth of 7.9% from the midpoint of fiscal 2025.