Saddled with reduced demand in the shooting sports segment and lower foot traffic in traditional retail channels, American Outdoor Brands reported an operating loss of $134,000 against an operating profit of $5.3 million in the second quarter. A bit of help from other income and a tax refund pushed net income into the black, but it was still down 92% to $370,000 from $4,583,000 for the period ended Oct. 31. Total Q2 revenues fell 23% year-over-year to $54,436,000 from $70,760,000 despite a 119% increase in direct-to-consumer sales. The DTC segment was ... Log in to view full article.