American Outdoor Brands Q1 Sales Drop

American Outdoor Brands(NASDAQ:AOUT) reported fiscal first quarter 2026 results on September 4, 2025, revealing GAAP net sales of $29.7 million (down 28.7% year-over-year) and a non-GAAP EPS loss of $0.26, weighed by tariff-induced retailer order timing and a 35.2% year-over-year decline in the e-commerce channel. Despite a challenging environment, gross margin (GAAP) improved to 46.7% (up 130 basis points year-over-year), and new products contributed 29% of net sales, while the balance sheet remained debt-free with $17.8 million in cash after $2.5 million in share repurchases. The fiscal year for the company ends April 30, 2026; all quarterly references are to fiscal periods unless otherwise noted.Gross margin increased 130 basis points year-over-year to 46.7%, even as overall net sales (GAAP) fell due to retailer order pull-ins from the fiscal first quarter into the fiscal fourth quarter 2025 and a 35.2% year-over-year e-commerce channel drop, primarily attributable to one large partner adjusting purchasing on tariff impacts. Operating expenses on a GAAP basis declined modestly to $20.7 million, while on a non-GAAP basis, they were stable at $18.2 million. The company utilized a fully diluted share count of 12.7 million, with 12.9 million fully diluted shares projected for the year in the absence of further buybacks.The company’s multidimensional approach to tariff mitigation and supply chain agility enables it to offset revenue pressures with improved mix and operating discipline, sustaining EBITDA margin targets even in volatile conditions.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool