New York, May 17, 2026, 05:26 EDT
American Outdoor Brands Inc. finished at $8.71 on Friday, down 5.1% for the day and closing out a tough week for the small-cap outdoor gear maker. U.S. markets closed for the weekend. The Nasdaq trades Monday to Friday from 9:30 a.m. to 4 p.m. Eastern, so shares next trade at the open on Monday.
Stocks fell Friday on a risk-off session. The S&P 500 was down 1.24%, the Nasdaq Composite slid 1.54%, and the Dow gave up 1.07%. Oil prices and Treasury yields pushed higher, bringing back inflation concerns, according to Reuters.
Small-cap stocks took a bigger loss. The Russell 2000 dropped 2.4% on Friday and ended the week down 2.4%, AP said. That spells a rougher week for American Outdoor Brands, which has a market cap near $109 million.
American Outdoor Brands dropped 7.0% this week, falling from $9.37 at Wednesday’s May 8 close to $8.71 at Friday’s close. Volume on Friday was 23,752 shares—light, which can make the price move look bigger than the news would indicate.
No new company update was out over the weekend. American Outdoor Brands’ investor page still showed last month’s news about Tyler Lindwall being named vice president of corporate development. The most recent SEC filing was a May 14 Schedule 13G/A.
Brandes Investment Partners disclosed it owned 2.43 million shares, or 19.3% of the class, according to the filing. The amended Schedule 13G/A filing is typically used by big holders, mostly passive, to update the size of their stake.
American Outdoor Brands reported that fiscal Q3 net sales slipped 3.3% to $56.6 million. Gross margin dropped to 41.0%. The company booked a GAAP net loss of $4.1 million. Third-quarter results remain the key focus.
Chief Executive Brian Murphy said third-quarter net sales beat expectations, citing stronger retail sell-through and gains from growth brands. CFO Andrew Fulmer called the balance sheet “strong” and noted the company finished the quarter with no debt and $10.4 million in cash. American Outdoor Brands Inc.
American Outdoor Brands stuck to its full-year sales outlook of $191 million to $193 million and kept its gross margin goal at 42% to 43%. CEO Fulmer said tariffs, slow retailer ordering, and consumer uncertainty are still key issues for investors heading into next week.
Smith & Wesson Brands edged up 1.2% Friday, but Sturm, Ruger & Co. dropped around 1.0%. American Outdoor Brands fell 5.1%, underperforming its shooting-sports rivals in the session.
But the risk stays simple—if inflation keeps driving yields up, small-cap stocks could keep falling, and American Outdoor Brands still needs to show new products can balance weaker retail orders and higher tariff costs. Thin volumes don’t help; with not many buyers, even a slow news week can get rocky fast.
