Update: American Outdoor Brands Shares Surge After Fiscal Q1 Swings to Adjusted Earnings

11:01 AM EDT, 09/04/2026 (MT Newswires) -- (Updates with the company's stock move in the headline and the first paragraph.) American Outdoor Brands (AOUT) shares were up more than 40% in Friday trading after the company swung to a profit and posted higher revenue for fiscal Q1 late Thursday. The company reported quarterly non-GAAP earnings of $0.03 per diluted share, swinging from a loss of $0.26 a year earlier. Two analysts polled by FactSet expected a loss of $0.24. Net sales for the quarter ended July 31 were $37.3 million, up from $29.7 million a year earlier. Two analysts expected $35.6 million. For fiscal 2027, the company maintained its net sales forecast of $200 million to $210 million. Two analysts expect $205.1 million. Price: 14.07, Change: +4.06, Percent Change: +40.56