American Outdoor Brands Sees Path to Double Revenues
The company’s march to double the top line over the next 4-5 years continues on track, building on organic growth and product innovation with a clean balance sheet, AOUT reported at CL King’s Best Ideas Conference. Grilla Grills, the company’s lone acquisition since its 2020 spinoff from Smith and Wesson, has now been paid off, leaving zero debt and about $18 million in cash on the balance sheet. The five-year plan of doubling revenue would put sales at about $400 million, with EBITDA guided at 5X growth to over $70 million. ... Log in to view full article.