Retailers are halting or delaying product orders for outdoor goods amid the COVID-19 pandemic.
News & Analysis: American Outdoor Brands Corporation
Quarterly results came in weaker than expected, and guidance gave little reason to get excited.
After steep declines, one analyst is calling a bottom.
Tariffs are expected to eat into the firearm manufacturer's results in the quarters to come.
Soft demand for firearms took its toll on the company's performance last quarter.
Solid quarterly results were offset by worries about anemic future demand.
The former Smith & Wesson just thumped analyst estimates soundly.
Regulations, background checks, and a warehouse move are all weighing on this stock.
Sales growth, plus profitability gains, drove investor optimism higher last month.
Fiscal 2019 got off on the right foot last month.
Earnings came in higher than expected.