American Outdoor Brands, Inc. (AOUT)
Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Outdoor Brands, Inc. ("American Outdoor" or "the Company") (NASDAQ: AOUT). Investors who purchased American Outdoor securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether American Outdoor violated federal securities laws.
On July 14, 2022, American Outdoor reported its financial results for the Company’s fourth fiscal quarter. Among other items, American Outdoor reported non-GAAP earnings per share of $0.14, missing consensus estimates by $0.23, and a 28.8% decline in revenue to $45.9 million, missing expectations by $9.2 million. On this news, American Outdoor’s stock price fell $1.05 per share, or 11.15%, to close at $8.37 per share on July 15, 2022.
If you are aware of any facts relating to this investigation or purchased American Outdoor shares, you can assist this investigation. You can also contact Peretz Bronstein or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.