#United States #financial results #Fiscal 2025 #American Outdoor Brands #Columbia, Missouri

American Outdoor Brands, Inc. Fiscal 2025 Financial Results

American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), a leader in providing innovative solutions for outdoor enthusiasts, has reported outstanding financial results for the fourth quarter and the entire fiscal year 2025 ending April 30, 2025. The company's commitment to innovation and strong execution has led to significant growth across various channels.

Key Highlights of Fiscal Year 2025

In the fiscal year 2025, American Outdoor Brands saw net sales reach $222.3 million, reflecting a 10.6% increase compared to $201.1 million in the previous year. This growth was primarily attributed to an impressive 18.1% rise in traditional channel net sales. Notably, the company recorded a 44.6% gross margin, showing an improvement from 44.0% in the prior year.

Despite a GAAP net loss of $77,000 or ($0.01) per diluted share, an improvement from the previous year's loss of $12.2 million, the company demonstrated robust non-GAAP financial performance. Their non-GAAP net income was $10.0 million or $0.76 per diluted share, marking a significant increase from the $4.3 million reported last year. Furthermore, the Adjusted EBITDA grew substantially to $17.7 million, signaling an 81% increase year-over-year.

Fourth Quarter Performance

In the fourth quarter alone, American Outdoor Brands achieved net sales of $61.9 million, reflecting a 33.8% increase over $46.3 million in the same period last year. Although the gross margin dipped slightly to 40.9%, the company still achieved a noteworthy non-GAAP net income of $1.7 million, compared to a non-GAAP loss of $45,000 in the previous year’s quarter.

Innovative Product Line and Market Adaptation

“Fiscal 2025 was a remarkable year for us, marked by strong performance and an exciting product pipeline,” said Brian Murphy, President and CEO. The introduction of new products such as the ClayCopter™ and BUBBA SFS Lite™ has catalyzed sales and attracted retailers to secure inventory proactively. This strategy was not only a proactive response to the tariff environment but also underscored the trust partners have in the brand's strength and innovation capabilities.

American Outdoor Brands reported that the Outdoor Lifestyle category now constitutes 57% of their revenue, up from 40% in fiscal 2021. The growth trajectory extends beyond domestic markets, with international sales also contributing to a 20% increase in net sales.

As Andrew Fulmer, Chief Financial Officer, noted, “Despite the dynamic macro environment, our operational efficiencies and innovation pipeline position us well for future growth.” The company maintains a strong, debt-free balance sheet with $23.4 million in cash and has repurchased significant shares throughout the year.

Looking Ahead

While the company anticipates some challenges in fiscal 2026, especially regarding evolving tariff policies and consumer behavior, it remains confident in its operational agility and commitment to delivering value to stakeholders. However, due to uncertainty, American Outdoor Brands has chosen to suspend previous fiscal 2026 net sales guidance, reflecting a cautious but steady approach moving forward.

The organization plans to sustain momentum with significant investments in product development and continued focus on expanding into international markets. Additionally, the upcoming conference call and webcast will further elaborate on the financial results and strategic initiatives undertaken by the company.

In conclusion, American Outdoor Brands' robust fiscal performance, paired with its innovative spirit, positions it favorably in the outdoor market, ensuring stakeholders can expect continued growth and profitability into the future.