American Outdoor Brands Q1 sales miss estimates

Overview

• The outdoor sporting goods retailer's Q1 fiscal 2026 sales fall 28.7%, missing estimates, per LSEG data

• American Outdoor Brands reports Q1 GAAP net loss of $6.8 mln, widening from last year

• Co repurchases 240,000 shares for $2.5 mln, ends quarter debt-free

Outlook

• Company expects near-term environment to reflect shifting market conditions

• American Outdoor Brands anticipates evolving consumer trends to impact results

• American Outdoor Brands remains cautious about quarterly fluctuations

Result Drivers

• ORDER ACCELERATION - Retailers accelerated orders into Q4 to avoid tariff-related price changes, impacting Q1 sales

• NEW PRODUCTS - New products accounted for nearly 29% of net sales, highlighting innovation focus

• RETAILER PURCHASING PATTERNS - Sales decline influenced by retailer purchasing patterns optimizing pricing and cash flows

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the recreational products peer group is "buy"

• Wall Street's median 12-month price target for American Outdoor Brands Inc is $16.50, about 37.9% above its September 3 closing price of $10.24

• The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn9ZZmGpa