American Outdoor Brands, Inc. (AOUT) is dedicated to providing a comprehensive range of outdoor gear and accessories for passionate adventurers, serving markets ...
American Outdoor Brands, Inc. (AOUT) is a growth-oriented company dedicated to providing a comprehensive range of outdoor products and accessories for passionate adventurers. Founded in 2020 and headquartered in Columbia, Missouri, the company operates as a spin-off from Smith & Wesson, focusing exclusively on outdoor recreation and lifestyle products. AOUT's ...American Outdoor Brands, Inc. (AOUT) is a growth-oriented company dedicated to providing a comprehensive range of outdoor products and accessories for passionate adventurers. Founded in 2020 and headquartered in Columbia, Missouri, the company operates as a spin-off from Smith & Wesson, focusing exclusively on outdoor recreation and lifestyle products. AOUT's product portfolio spans multiple categories, including hunting, fishing, camping, shooting sports, outdoor cooking, and personal security and defense. Their offerings include firearm rests, storage vaults, sportsmen's knives and tools, land management implements, harvesting tools, outdoor cooking items, camping and survival gear, and advanced electro-optical devices such as hunting optics, tactical flashlights, and laser grips. The company also provides supplies for ammunition reloading, gunsmithing, and firearm maintenance. AOUT sells its products through both e-commerce and traditional retail channels, organized under distinct brand lanes: Adventurer, Harvester, Marksman, and Defender. The company employs around 267 people and operates with a focus on innovation and brand management. Financially, AOUT has a market capitalization of approximately $159.6 million, with revenue per share of $15.16, but currently shows negative profitability metrics, with a net profit margin of -4.8%. The company maintains a strong liquidity position with a current ratio of 5.44 and low leverage, with a debt-to-equity ratio of 0.195. Leadership is headed by CEO Brian D. Murphy, who has guided the company since its inception as a public entity. AOUT continues to expand its brand portfolio and product offerings to meet the needs of outdoor enthusiasts worldwide.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$190.5M
-14.3%
-16.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-9.2M
-11858.4%
+90.6%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+44.7%
+0.1%
+14.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-2.9%
-4118.0%
+9.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-4.8%
-13853.4%
+88.8%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$4.3M
+268.3%
-13.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+2.2%
+296.3%
+3.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
19.5%
+4.2%
-1.3%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
5.44x
+16.6%
-3.7%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good day, everyone, and welcome to the American Outdoor Brands Inc. Fourth Quarter and Full Year Fiscal 26 Financial Results Conference Call. This call is being recorded. At this time, I would like to turn the conference over to Ms. Liz Sharp, Vice President of Investor Relations. Please go ahead, ma'am.
Elizabeth A. Sharp: Thank you, and good afternoon. Our comments today may contain predictions, estimates, and other forward-looking statements. Our use of words like anticipate, project, estimate, expect, intend, should, could, indicate, suggest, believe, and other similar expressions, is intended to identify those forward-looking statements. Forward looking statements also include statements regarding our product development, focus, objectives, strategies, and vision, our strategic evolution, our market share, and market demand for our product, market, and inventory conditions related to our product, and in our industry in general, and growth opportunities, and trends. Our forward-looking statements represent our current judgment about the future, and they are subject to various risks and uncertainties. Risk factors and other considerations that could cause our actual results to be materially different are described in our securities filings. You can find those documents as well as a replay of this call on our website at aob.com. Today's call contains time sensitive information that is accurate only as of this time, and we assume no obligation to update any forward looking statement. Our actual results could differ materially from our statements today. A few important items to note about our comments on today's call. First, we reference certain non GAAP financial measures. Our non GAAP results exclude amortization of acquired intangible assets, stock compensation, emerging growth transition costs, non-recurring inventory reserve adjustments, impairment of assets held for sale, other costs and income tax adjustments. The reconciliation of GAAP financial measures to non GAAP financial measures, whether they are discussed on today's call, can be found in our filings as well as today's earnings press release which are posted on our website. Also, when we reference EPS, we are always referencing fully diluted EPS. Joining us on today's call is Brian Daniel Murphy, President; and Andy Fulmer, CFO. And with that, I will turn the call over to Brian.
Brian Daniel Murphy: Thanks, Liz, and thanks, everyone for joining us today. I am very proud of what our team accomplished during fiscal 26. In a year shaped by tariff uncertainty, uneven retailer ordering patterns, and continued pressure across portions of the consumer marketplace. Our team remained focused on innovation, execution, and serving our consumers and retail partners. As a result, we continued to strengthen our brands, expand distribution of our products, optimize our portfolio, and position the company for future growth in fiscal 27 and beyond. With that, let's take a look at the …
