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American Outdoor Brands Inc (AOUT) Reports Modest Sales Growth Amid Market Challenges [Yahoo! Finance]

American Outdoor Brands, Inc. (AOUT) 
Company Research Source: Yahoo! Finance
Traditional Channel Sales : Grew by 8.1% to $28.5 million. E-Commerce Channel Sales : Rose by 1.6% to $24.9 million. GAAP Net Loss : Remained steady at $2.9 million, or ($0.23) per diluted share. Non-GAAP Net Income : Decreased to $1.0 million, or $0.08 per diluted share. Adjusted EBITDAS : Fell to $2.4 million, or 4.4% of net sales. Warning! GuruFocus has detected 4 Warning Signs with PSTX. On March 7, 2024, American Outdoor Brands Inc ( NASDAQ:AOUT ) released its 8-K filing , detailing the financial outcomes for the third quarter of fiscal year 2024. The company, a leading provider of outdoor products and accessories for rugged outdoor enthusiasts, reported a 5.0% increase in net sales, reaching $53.4 million. This growth reflects the company's resilience and strategic product introductions despite a challenging market environment. Financial Performance and Challenges While American Outdoor Brands Inc ( NASDAQ:AOUT ) achieved a sales increase, the company faced a de Show less Read more
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