What to Expect from American Outdoor Brands Corp in 2018 [The Motley Fool]
AMERICAN OUTDOOR BRANDS CORP (AOBC)
Last american outdoor brands corp earnings: 3/5 04:15 pm
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Source: The Motley Fool
It doesn't look like a turnaround is on the horizon for American Outdoor Brands. Travis Hoium ( TMFFlushDraw ) Jan 1, 2018 at 10:45AM 2017 was a rough year for American Outdoor Brands ( NASDAQ:AOBC ) , both from an operational and a market perspective. Sales plunged as the year went on as demand for guns dropped, and starting in June the stock began a nosedive that doesn't seem to have stopped. As the calendar rolls over to 2018 and investors assess their portfolios, it's worth asking if American Outdoors is a value stock at this point. The answer may surprise you. Image source: Getty Images. More of the same Fiscal second-quarter sales at American Outdoor Brands dropped 36% versus a year ago to $148.4 million, and net income plunged 90% from $32.5 million to a measly $3.2 million. The drop in results can be directly attributed to the n
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