American Outdoor Brands, Inc. (NASDAQ:AOUT) is currently facing an investigation by Pomerantz LLP for potential securities fraud or other unlawful business practices. This investigation was prompted by the company's financial results for the fourth quarter and full fiscal year 2025. American Outdoor, a competitor of Vista Outdoor and Sturm, Ruger & Co., is known for its outdoor products.
The investigation follows a press release where American Outdoor disclosed that retailers had accelerated orders, pulling forward an estimated $8 to $10 million in sales from the upcoming fiscal year. This move has raised concerns about the company's financial practices. Despite these concerns, AOUT reported earnings per share of $0.13, surpassing the estimated -$0.02, as highlighted by the recent financial report.
American Outdoor also announced the suspension of its fiscal 2026 guidance due to uncertainties surrounding tariffs. This uncertainty has impacted investor confidence, leading to a stock price drop of $1.57 per share, or 13.13%, closing at $10.39 on June 27, 2025. However, the company reported revenue of approximately $61.9 million, exceeding the estimated $48.5 million, indicating strong sales performance.
Currently, AOUT's stock price is $10.62, reflecting a 0.76% increase with a change of $0.08. The stock has fluctuated between a low of $10.33 and a high of $10.75 today. Over the past year, AOUT has reached a high of $17.91 and a low of $8.11, showing significant volatility. The company's market capitalization is approximately $135.49 million, with a trading volume of 100,635 shares on the NASDAQ exchange.