American Outdoor Brands Q1 Sales $41.60M Beat $41.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Outdoor Brands (NASDAQ:AOUT) reported Q1 sales of $41.60 million, surpassing the analyst estimate of $41.08 million. However, this represents a 4.25% decline from the previous year's sales of $43.45 million.
September 05, 2024 | 8:24 pm
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American Outdoor Brands reported Q1 sales of $41.60 million, exceeding expectations but showing a year-over-year decline.
The company's sales exceeded analyst expectations, which is a positive indicator. However, the year-over-year decline in sales suggests potential challenges. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100