The following is a summary of the American Outdoor Brands, Inc. (AOUT) Q4 2024 Earnings Call Transcript:

Financial Performance:

• AOUT reported year-over-year net sales growth of over 5% in fiscal 2024, driven by strong performances in both the outdoor lifestyle and shooting sports categories.

• Net sales for fiscal 2024 were $201.1 million, an increase of 5.2% compared to fiscal 2023.

• Gross margin for fiscal 2024 was 44%, with non-GAAP gross margins at 44.5%.

• AOUT ended the year with a strong balance sheet, including $29.7 million in cash and no debt.

Business Progress:

• Expanded the MEAT! Your Maker brand into retail, which contributed to the strong performance in the outdoor lifestyle category.

• Successfully positioned the Grilla brand for upcoming retail entry, with new product launches like the Mammoth Vertical Smoker.

• Increased international expansion, notably in Canada, contributing to significant growth in the international sales sector.

Opportunities:

• Continued focus on innovation led to the launch of new products, such as Caldwell Claymore Solo and BUBBA Pro Series Smart Fish Scale, driving additional sales and diversifying product offerings.

• Strategic retail introductions and international expansion present opportunities for continued growth in both the outdoor lifestyle and shooting sports categories.

Risks:

• Despite overall growth, the shooting sports category experienced challenges with a 5.4% decrease in background checks indicative of a weaker consumer firearm market.

More details: American Outdoor Brands IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.