Overview

* Outdoor Holding ( POWW ) fiscal Q1 rev of $11.9 mln beats analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q1 beats consensus

* Co had completed ammunition division sale, and rebranded to focus on GunBroker.com

Outlook

* Company expects legal expenses to decrease over next 12-18 months

* Outdoor Holding ( POWW ) aims for $25 mln Adjusted EBITDA run rate in 18 months

* Company focuses on enhancing GunBroker.com platform for growth

Result Drivers

* REVENUE DECLINE - Net revenues fell to $11.9 mln from $12.3 mln, attributed to macroeconomic softness impacting consumer discretionary categories, particularly firearms-related businesses

* GROSS MARGIN IMPROVEMENT - Gross margin increased to 87.2% from 85.8% due to improved platform monetization and a higher mix of high-margin seller services

* COST REDUCTION - Operating expenses decreased by $0.4 mln year-over-year as the company implemented cost reduction initiatives aligned with its transition to an asset-light, marketplace-only model

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $11.90 $11.70

Revenue mln mln (2

Analysts

)

Q1 Beat $0.02 -$0.04

Adjusted (2

EPS Analysts

)

Q1 Miss $3.10 $5.54

Adjusted mln mln (1

EBITDA Analyst)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the recreational products peer group is "buy"

* Wall Street's median 12-month price target for Outdoor Holding Company ( POWW ) is $1.70, about 33.5% above its August 7 closing price of $1.13

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)