American Outdoor Brands stock rallies on Q1 earnings beat

In a sign that demand for firearms is gathering steam after falling in the wake of recent restrictions on sales, American Outdoor Brands Thursday (AOBC) reported above-consensus earnings for the first quarter. The company’s stock gained more than 18% following the report. Net income, on an adjusted basis, rose to $11.7 million or $0.21 per … Continue reading American Outdoor Brands stock rallies on Q1 earnings beat