AOUT Reports Q4 Earnings

American Outdoor Brands (NASDAQ: AOUT ) reported fourth-quarter financial results on Thursday.

The transcript from the company's fourth-quarter earnings call has been provided below.

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For comprehensive financial data and transcripts, visit The full earnings call is available at Summary American Outdoor Brands Inc. reported fiscal 2026 net sales of $190.5 million, a 14.3% decline year-over-year, mainly due to a $10 million acceleration of orders into fiscal 2025 by retailers.

Despite sales decline, the company achieved a 4% POS growth and innovation-driven new products accounted for 29% of net sales, with 54% of sales from patented products.

The company plans to grow fiscal 2027 net sales by 7.5% and expects adjusted EBITDA to increase over 40%, leveraging innovation and stable demand.

Operational highlights include a strong balance sheet with $21.4 million in cash and no debt, and a strategic focus on connected ecosystems and innovative product development.

Management highlighted the planned divestiture of an underperforming brand, efforts to optimize the brand portfolio, and a disciplined approach to cost control and resource allocation.

Full Transcript OPERATOR Good day everyone and welcome to the American Outdoor Brands Inc.

Fourth Quarter and Full Year Fiscal 2026 Financial Results Conference Call.

This call is being recorded at this time.

I would like to turn the conference over to Ms.

Liz Sharp, Vice President of Investor Relations.

Please go ahead.

Liz Sharp, Vice President, Investor Relations Thank you and good afternoon.

Our comments today may contain predictions, estimates, and other forward-looking statements.

Our use of words like anticipate, project, estimate, expect, intend, should, could indicate, suggest, believe, and other similar expressions is intended to identify those forward-looking statements.

Forward-looking statements also include statements regarding our product development focus, objectives, strategies and vision, our strategic evolution, our market share and market demand for our products, market and inventory conditions related to our products and our industry in general, and growth opportunities and trends.

Our forward-looking statements represent our current judgment about the future and they are subject to various risks and uncertainties.

Risk factors and other considerations that could cause our actual results to be materially different are described in our securities filings.

You can find those documents as well as a replay of this call on our website at aob.com.

Today's call contains time-sensitive information that is accurate only as of this time and we assume no obligation to update any forward-looking statements.

Our actual results could differ materially from our statements today.

A few important items to note about our comments on today's call: first, we reference certain non-GAAP financial measures.

Our non-GAAP results exclude amortization of acquired intangible assets, stock compensation, emerging growth, transition costs, non-recurring inventory reserve adjustments, impairment of assets held for sale, other costs, and income tax adjustments.

The reconciliation of GAAP financial measures to non-GAAP financial measures, whether they are discussed on today's call, can be found in our filings as well as today's earnings press release which are posted on our website.

Also, when we reference EPS, we are always referencing fully diluted EPS.

Joining us on today's call is Brian Murphy, President and CEO, and Andy Fulmer, CFO.

And with that, I'll turn the call over to Brian.

Brian D.

Murphy, President And CEO Director Thanks Liz and thanks everyone for joining us today.

I'm very proud of what our team accomplished during fiscal 2026.

In a year shaped by tariff uncertainty, uneven retailer ordering patterns, and continued pressure across portions of the consumer marketplace, our team remained focused on innovation, execution, and serving our consumers and retail partners.

As a result, we continue to strengthen our brands, expand distribution of our products, optimize our portfolio, and position the company for future growth in fiscal 2027 and beyond.

With that, let's take a look at the year.

While our reported net sales declined during fiscal 2026, the underlying performance of our business was much stronger than the reported results suggest.