American Outdoor Brands, Inc. reported third quarter fiscal 2026 financial results with net sales of $56.6 million, down 3.3% from $58.5 million last year, GAAP net loss of $4.1 million or $(0.32) per diluted share, and non-GAAP net income of $1.5 million or $0.12 per diluted share. The company maintained its fiscal 2026 outlook for net sales of $191 million to $193 million and gross margin of 42% to 43%.
Key takeaways
Net sales $56.6 million, decrease of $1.9 million or 3.3% from $58.5 million same quarter last year
GAAP net loss $4.1 million or $(0.32) per diluted share vs net income $169,000 or $0.01 per diluted share last year
Non-GAAP net income $1.5 million or $0.12 per diluted share vs $2.7 million or $0.21 per diluted share last year
Adjusted EBITDA $3.3 million or 5.8% of net sales vs $4.7 million or 8.1% last year
Repurchased 181,000 shares for $1.4 million, ended quarter debt-free with $10.4 million cash
Fiscal 2026 guidance: net sales $191-$193 million, gross margin 42%-43%, Adjusted EBITDA 4.0%-4.5% of net sales