American Outdoor Brands authorizes new $10M share buyback

American Outdoor Brands, Inc. (AOUT) recently conducted its 2026 Annual Meeting of Stockholders, during which seven new directors were elected to serve until the 2027 Annual Meeting. The elected directors include Barry M. Monheit, Bradley T. Favreau, Mary E. Gallagher, Gregory J. Gluchowski, Jr., Kevin D. Leary, Luis G. Marconi, and Brian D. Murphy.

Stockholders also ratified Grant Thornton LLP as the company's independent registered public accounting firm for the fiscal year ending April 30, 2027, with a significant majority of votes in favor. Additionally, the company's stockholders approved an advisory vote on executive compensation and the frequency of future "say-on-pay" votes, which is set to be one year.

The company's recent financial performance was highlighted, with a 25.4% increase in first-quarter fiscal 2027 net sales to $37.3 million, attributed to strong demand in outdoor lifestyle and shooting sports. American Outdoor Brands also reported a positive adjusted EBITDA of $1.2 million, marking a notable turnaround, and raised its full-year adjusted EBITDA guidance to 53%.

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