American Outdoor Brands: A Rough Quarter and Weak Trends

American Outdoor Brands, maker of outdoor gear, reports a disappointing quarter with revenue plummeting nearly 30% and earnings per share in the red, missing Wall Street expectations. Profitability is a major concern with negative operating margins, and analysts predict continued revenue decline. The stock took a hit, and with weak long-term trends, the future looks uncertain for this consumer discretionary company. Hosted on Acast. See acast.com/privacy for more information.