#USA #Outdoor Solutions #American Outdoor Brands #fiscal results #Columbia, Missouri

American Outdoor Brands, Inc. Q3 Fiscal 2026 Financial Report

On March 12, 2026, American Outdoor Brands, Inc. (NASDAQ: AOUT), a leading innovator in outdoor products, published its financial results for the third quarter of fiscal 2026, which ended on January 31, 2026. The company reported a total net sales of $56.6 million, which marked a slight decrease of 3.3% from last year's comparable quarter where net sales reached $58.5 million. This decline can be attributed to fluctuating retailer ordering patterns and challenges present in the broader market.

Financial Highlights

• - Gross Margin: The gross margin for the quarter stood at 41.0%, a drop from 44.7% recorded in the same quarter last year.
• - Net Loss: There was a GAAP net loss of $4.1 million, translating to $(0.32) per diluted share, compared to a GAAP net income of $169,000 in the previous year.
• - Non-GAAP Net Income: Non-GAAP net income amounted to $1.5 million, or $0.12 per diluted share, down from $2.7 million or $0.21 a year prior.
• - Non-GAAP Adjusted EBITDA was reported at $3.3 million, equivalent to 5.8% of net sales, also a decline from last year's $4.7 million or 8.1% of net sales.

Brian Murphy, President and CEO, expressed satisfaction with the quarterly sales results, exceeding initial expectations. The performance was buoyed by robust retail sell-through and momentum across their growth brands. Notably, the company's Outdoor Lifestyle segment achieved a growth of 5.4%, contributing over 62% of the quarter's net sales.

Key Contributions from Growth Brands

The Caldwell® brand, part of the Shooting Sports category, showcased solid growth, significantly fueled by positive reactions to their new ClayCopter™ platform during the recent SHOT Show. This event highlighted how innovation could stimulate engagement and traffic at retail locations. "Increasingly, our retail partners seek unique innovations to improve consumer engagement, demonstrated by Caldwell's strong performance even amidst category challenges," Murphy noted.

Additionally, approximately 26% of net sales in the quarter derived from newly introduced products. The exciting launch of SCORETRACKER® LIVE is set for April 2026, which integrates Major League Fishing technology into the BUBBA® app, transforming competitive fishing events into real-time scoring and tournament hosting experiences.

Future Outlook

CFO Andrew Fulmer emphasized their dedication to maintaining financial health while pursuing growth. The company remains committed to capital investments that foster innovation and sustainability while managing working capital for increased financial flexibility. Despite the challenges presented by tariffs and cautious retail ordering patterns, the company maintains its fiscal 2026 net sales outlook in the range of $191 million to $193 million.

In summary, American Outdoor Brands, Inc. faced a quarter marked by slight decline, yet it illustrated resilience with strong segments and a commitment to innovation. Their diversification strategy continues to resonate well with consumers and retail partners alike. The upcoming launch strategies paired with robust financial management frame a cautiously optimistic outlook moving forward.