Turning in another difficult result, AOUT’s net loss was $2,365,000 in fiscal Q1 ended July 31, an improvement from last year’s $4,113,000 loss, while sales fell 4% to $41,643,000 from $43,445,000. Traditional channel wholesale sales inched up to $25.1 million, while the e-commerce channel, including both wholesale and DTC, contracted 10% to $16.5 million. Growing Canadian sales pushed the small international segment 21% higher to $4.4 million. AOUT is guiding for as much as 2.5% top line expansion this year, on top of last year’s 5% growth, as gains in outdoor ... Log in to view full article.