The Biggest Problem With American Outdoor Brands' Solid Quarter

Despite a tough comparison to last year's pre-election boom in firearms sales, American Outdoor Brands (NASDAQ: AOBC) announced reasonably solid fiscal second-quarter 2018 results on Thursday after the market closed. But when the parent company of Smith & Wesson followed up with a massive reduction in its full-year earnings guidance, shares plunged more than 16% early Friday in response.

Let's dig deeper to see what American Outdoor brands achieved over the past few months, as well as what investors should expect from the firearms and outdoor-products specialist in the coming quarters.

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Source: Fool.com