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American Outdoor Brands, Inc. Reports First Quarter Fiscal 2027 Financial Results
COLUMBIA, Mo., Sept. 3, 2026 /PRNewswire/ — American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an innovation company that provides product solutions for outdoor enthusiasts, today announced financial results for the first quarter fiscal 2027 ended July 31, 2026.
First Quarter Fiscal 2027 Financial Highlights
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Quarterly net sales were $37.3 million, an increase of $7.6 million, or 25.4%, compared with quarterly net sales of $29.7 million for the comparable quarter last year. Adjusted for approximately $6.0 million of orders that were accelerated by retailers from the first quarter of fiscal 2026 into the fourth quarter of fiscal 2025, net sales in the first quarter of fiscal 2027 increased by 4.3%.
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Quarterly gross margin was 53.0%, compared with quarterly gross margin of 46.7% for the comparable quarter last year.
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Quarterly GAAP net loss was $1.5 million, or $(0.12) per diluted share, compared with a GAAP net loss of $6.8 million, or $(0.54) per diluted share for the comparable quarter last year.
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Quarterly non-GAAP net income was $415,000, or $0.03 per diluted share, compared with non-GAAP net loss of $3.3 million, or $(0.26) per diluted share, for the comparable quarter last year. GAAP to non-GAAP adjustments for net income (loss) exclude acquired intangible amortization, stock compensation, and other costs. For a detailed reconciliation, see the schedules that follow in this release.
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Quarterly non-GAAP Adjusted EBITDA was $1.2 million, or 3.1% of net sales, compared with $(3.1) million, or (10.5)% of net sales for the comparable quarter last year. For a detailed reconciliation, see the schedules that follow in this release.
Brian Murphy, President and Chief Executive Officer, said, “We are very pleased with our strong start to fiscal 2027. First quarter net sales increased approximately 25%. As a reminder, the prior-year quarter was impacted by approximately $6 million of orders that retailers accelerated into fiscal 2025. Even after adjusting for that acceleration, first quarter net sales increased approximately 4% – a great result that exceeded our expectations and reflects the continued strength of our brands.
“Importantly, that performance was broad-based, reflecting growth in both our Outdoor Lifestyle and Shooting Sports categories, and supported by increased sales with our largest retail partners. Point-of-sale (POS) results also remained positive in both categories during the quarter, which we believe demonstrates healthy consumer demand across multiple brands in our portfolio. POS increased 6% in Outdoor Lifestyle and 3% in Shooting Sports.
