American Outdoor Brands Shares Fall After Missing On Q4 Sales, Cautious FY22 EPS Guidance

American Outdoor Brands Inc AOUT reported fourth-quarter FY21 sales growth of 49.6% year-on-year to $64.5 million, missing the analyst estimate of $65.03 million.
Total operating expenses for the quarter fell sharply to $27.4 million.
Gross margin was flat at 44.4%. Gross profit improved 50% to $28.6 million Y/Y.
The operating margin for the quarter was 1.99%, with $1.29 million in operating income.
Adjusted EBITDA was $7.0 million.
Adjusted EPS of $0.34 topped the consensus of $0.23.
The company held $60.8 million in cash and equivalents as of April 30, 2021.
Outlook: American Outdoor sees FY22 sales of $280 million-$295 million, versus the consensus of $284.88 million.
The company expects FY22 non-GAAP EPS of $2.02-$2.26, compared to the analyst estimate of $2.13.
Price action: AOUT shares are trading lower by 9.38% at $32.56 in the premarket session on Friday.

Momentum57.90

Growth25.98

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Value81.24

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