American Outdoor Brands, Inc. Reports Second Quarter Fiscal 2021 Financial Results
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American Outdoor Brands (AOUT) Tops Q2 EPS by 52c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
December 15, 2020 4:20 PM ESTAmerican Outdoor Brands (NASDAQ: AOUT) reported Q2 EPS of $0.77, $0.52 better than the analyst estimate of $0.25. Revenue for the quarter came in at $79.1 million versus the consensus estimate of $61 million.
Second Quarter Fiscal 2021 Financial Highlights
Quarterly net sales were $79.1 million, an increase of $31.4 million, or 65.7%, over net sales of $47.7 million for the comparable quarter last year, driven primarily by increases in both e-commerce and traditional sales channels.Quarterly gross margin was 46.9%, an increase of 690 basis points, over gross margin of 40.0% for the comparable quarter last year.Quarterly net income was $7.3... More