American Outdoor Brands swung to an adjusted profit in its fiscal first quarter, beating expectations and raising its full-year operating income guidance. The company earned $0.03 per share, up from a loss of $0.26 a year ago and $0.27 better than expected, while sales rose more than 25% to $37.3 million, also beating forecasts. Gross margin expanded by 630 basis points to 53.0%, driven by new products, which represented over 36% of net sales, according to CEO Brian Murphy. For fiscal 2027, the company maintained its sales outlook of $200 million to $210 million, in line with the $205 million consensus, and raised its adjusted EBITDA guidance to a range of $14.5 million to $17.5 million, up from a prior estimate of $14.28 million. Shares surged as much as 19% in after-hours trading.
American Outdoor Brands IncSwung to profit, beat expectations, and raised FY27 EBITDA guidance.
