Business
American Outdoor Brands, Inc. Reports Third Quarter Fiscal 2025 Financial Results
Net Sales $58.5 Million – Up 9.5% Y/Y Gross Margin 44.7% – Up 200 Basis PointsGAAP Net Income $169,000 or $0.01 Per Diluted ShareNon-GAAP Net Income $2.7
About this update from Smith & Wesson Brands, Inc.
[{"type":"text","content":"Net Sales $58.5 Million – Up 9.5% Y/Y Gross Margin 44.7% – Up 200 Basis PointsGAAP Net Income $169,000 or $0.01 Per Diluted ShareNon-GAAP Net Income $2.7 Million or $0.21 Per Diluted ShareNon-GAAP Adjusted EBITDAS of $4.7 Million, Up 99.1%Traditional Channel Net Sales Up 9.6%E-Commerce Channel Net Sales Up 9.5%Domestic Channel Net Sales Up 10.1%Company Increases FY25 Outlook, Reiterates FY26 Net Sales OutlookCOLUMBIA, Mo., March 6, 2025 /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 third quarter of fiscal 2025 ended January 31, 2025.\n\n \n \n \n \n \n \n\n \nThird Quarter Fiscal 2025 Financial Highlights\nQuarterly net sales were $58.5 million, an increase of $5.1 million, or 9.5%, compared with net sales of $53.4 million for the prior year.Quarterly gross margin was 44.7%, compared with quarterly gross margin of 42.7% for the comparable quarter last year.Quarterly GAAP net income was $169,000, or $0.01 per diluted share, compared with a GAAP net loss of $2.9 million, or ($0.23) per diluted share, last year.Quarterly non-GAAP net income was $2.7 million, or $0.21 per diluted share, compared with non-GAAP net income of $1.0 million, or $0.08 per diluted share, last year. GAAP to non-GAAP adjustments for net income exclude acquired intangible amortization, stock compensation, technology implementation, emerging growth status transition costs, and other costs. For a detailed reconciliation, see the schedules that follow in this release.Quarterly non-GAAP Adjusted EBITDAS was $4.7 million, or 8.1% of net sales, compared with Adjusted EBITDAS of $2.4 million, or 4.4% of net sales, for the prior year. For a detailed reconciliation, see the schedules that follow in this release.Brian Murphy, President and Chief Executive Officer, said, \"Our third quarter results came in ahead of our expectations. We believe our strong performance demonstrates the effectiveness of our long-term strategy to leverage our innovation advantage to broaden our distribution opportunities, expand awareness of our brands, and strengthen our margins. We delivered growth in both our Outdoor Lifestyle and our Shooting Sports categories, supported by year-over-year increases in nearly all sales channels in the third...