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Article Date: September 2023
Word Count: 324

American Outdoor Brands Reduces Loss


Net loss in the fiscal first quarter ended July 31 narrowed to $4,113,000 from a loss of $5,695,000 last year, on sales that inched down 1% to $43,445,000 from $43,676,000 as retailers remain cautious with their open-to-buy dollars. The shooting sports category was down less than 2%, impacted by heightened channel inventories and sluggish consumer demand. Outdoor lifestyle sales increased less than 1%, but Bog hunting accessories and the Bubba fishing brand were called out for a solid improvement in Q1. Traditional channel sales to brick-and-mortar retailers increased by 8%, while ... Log in to view full article.

 


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