AOUT Q1 net sales up 25%; gross margin hits 53%
AOUT reports Q1 net sales up 25% year-over-year, with gross margin rising to 53%. Adjusted EBITDA turned positive, leading to an increase in full-year EBITDA guidance, citing innovation and strong demand across channels.
Net sales grew 25% year-over-year in Q1, driven by innovation and strong demand across channels.
Gross margin rose to 53%, and adjusted EBITDA turned positive, prompting an increase in full-year EBITDA guidance.
New products and premium brands led growth, while tariff impacts are expected later in…