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Thursday, March 1, 2018

=American Outdoor Brands (AOBC) reported earnings on Thur 1 March 2018 (a/h)

American Outdoor Brands beats by $0.13, misses on revs; guides Q4 EPS below consensus, revs below consensus 
  • Reports Q3 (Jan) earnings of $0.21 per share, $0.13 better than the Capital IQ Consensus of $0.08; revenues fell 32.6% year/year to $157.36 mln vs the $172.83 mln Capital IQ Consensus.
    • 'While our new product pipeline is robust and channel inventory levels appear to be improving, we believe that the new, lower levels of consumer firearm demand we saw reflected in the January NICS results may continue for some time. Going forward, we will operate our business under the assumption that the next 12-18 months could deliver flattish revenues in Firearms'.
  • Co issues downside guidance for Q4, sees EPS of $0.09-0.11, excluding non-recurring items, vs. $0.38 Capital IQ Consensus Estimate; sees Q4 revs of $162-166 mln vs. $205.87 mln Capital IQ Consensus Estimate.

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