Shares of American Outdoor Brands Inc.
jumped more than 8% in the extended session Wednesday after the maker of outdoor products and accessories reported quarterly sales above expectations and a surprise adjusted EPS. American Outdoor Brands lost $3.8 million, or 29 cents a share, for its fourth quarter, compared with a loss of $76.7 million, or $5.71 a share, in the year-ago quarter. Adjusted for one-time items, the company earned 6 cents a share. Sales dropped 8% to $42.2 million.
jumped more than 8% in the extended session Wednesday after the maker of outdoor products and accessories reported quarterly sales above expectations and a surprise adjusted EPS. American Outdoor Brands lost $3.8 million, or 29 cents a share, for its fourth quarter, compared with a loss of $76.7 million, or $5.71 a share, in the year-ago quarter. Adjusted for one-time items, the company earned 6 cents a share. Sales dropped 8% to $42.2 million.