Investing.com - American Outdoor Brands reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
American Outdoor Brands announced earnings per share of $0.01 on revenue of $43.68M. Analysts polled by Investing.com anticipated EPS of $0.07 on revenue of $44.48M.
American Outdoor Brands shares are down 57% from the beginning of the year and are trading at $8.44 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.18% from the start of the year.
American Outdoor Brands follows other major Consumer Discretionary sector earnings this month
American Outdoor Brands's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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