Net loss narrowed 81% to $989,000 from $5,302,000 in the fiscal fourth quarter ended Apr. 30, on sales that were up 34% to $61,942,000 from $46,299,000, partially benefiting from retailers pulling forward orders in the last three weeks of the quarter ahead of tariff increases, contributing about $9 million. Outdoor Lifestyle was up 53%, while Shooting Sports grew 16%. Gross margin contracted 100 b.p. to 40.9%, and SG&A was up 4% in dollars, leveraging 1,110 b.p. to 38.8% of sales on the soaring top line.
The pull-forward of orders is guided to ... Log in to view full article.