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Investing.com -- American Outdoor Brands Inc (NASDAQ:AOUT) shares rose 1.6% in after-hours trading Thursday following the company's announcement of a new $10 million share repurchase program.

American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an innovation company that provides product solutions for outdoor enthusiasts, today announced that its Board of Directors has approved the repurchase of up to $10 million of the Company's outstanding common stock ("shares") commencing on October 1, 2026, and ending on September 30, 2027.

Shares of recreational products manufacturer American Outdoor Brands (NASDAQ:AOUT) jumped 41.9% in the afternoon session after the company reported first-quarter fiscal 2027 financial results that exceeded Wall Street expectations for both revenue and profitability. According to the company's press release, American Outdoor Brands generated net sales of $37.25 million, representing a 25.4% increase compared to the prior-year period. On a non-GAAP basis, the outdoor product manufacturer reported

Recreational products manufacturer American Outdoor Brands (NASDAQ:AOUT) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 25.4% year on year to $37.25 million. The company expects the full year’s revenue to be around $205 million, close to analysts’ estimates. Its non-GAAP profit of $0.03 per share was significantly above analysts’ consensus estimates.
US equity indexes ended lower Friday after expectations of an interest rate hike increased following
American Outdoor Brands delivered a strong Q1 FY2027, with revenue up 25.4% and substantial profitability improvements. Read more on AOUT stock here.

