Outdoor Holding Q1 Revenue Jumps 22% on Firearms Demand, Beats Estimates
POWW has more than doubled off its 52-week low of $1.11.
Summary
Outdoor Holding reported Q1 FY2027 revenue of $14.5M, up 22% YoY and beating the $13M consensus. Adjusted EBITDA more than doubled to $7.9M, well above the $5.27M estimate. Net income swung to $3.6M from a $5.9M loss last year, driven by higher marketplace volume, a new FFL transfer revenue stream, and a 45% drop in operating expenses. The quarter also saw over 1M shares repurchased for $2M. Demand was boosted by legislation-driven buying ahead of new Virginia firearms restrictions, but management warned that surge won't repeat in Q2. The stock trades near its 52-week high of $2.60, with a median analyst target of $3.38.
At the time of this announcement, POWW was trading at $2.50 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $247.4M. The 52-week trading range was $1.11 to $2.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.