But it might not repeat the results very soon.
News & Analysis: American Outdoor Brands Corporation
AOBC earnings call for the period ending April 30, 2019.
But it might not mean so much if the industry has reached the bottom of this cycle.
But dont expect a sharp upturn after the protracted decline.
Soft demand for firearms took its toll on the company's performance last quarter.
Firearms maker misses the target after electro-optics business stumbles.
Poor earnings contributed to some of the downward pressure on the market.
Solid quarterly results were offset by worries about anemic future demand.
AOBC earnings call for the period ending January 31, 2019.
The firearms industry is improving, while outdoor gear is becoming a more important part of the gunmaker's performance.