American Outdoor Brands (AOUT) Tops Q3 EPS by 46c, Guidance Tops Consensus
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American Outdoor Brands, Inc. Reports Third Quarter Fiscal 2021 Financial Results
March 17, 2021 4:05 PM EDTCOLUMBIA, Mo., March 17, 2021 /PRNewswire/ --Â American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an industry leading provider of products and accessories for rugged outdoor enthusiasts, today announced financial results for the third quarter fiscal 2021 ended January 31, 2021.
Third Quarter Fiscal 2021 Financial Highlights
Quarterly net sales were $82.6 million, an increase of $39.3 million, or 90.7%, over net sales of $43.3 million for the comparable quarter last year, reflecting increases in both e-commerce and traditional sales channels. Quarterly gross margin was 45.2%, an increase of 110 basis points,... More