Outdoor Holding Company Common Stock 2027 Q1 Earnings Call
Review the key takeaways and the transcript of this earnings call.
- Outdoor Holding Company reported net revenues of $14.5 million for the first quarter of fiscal year 2027, a 22.1% increase year over year.
- Net income from continuing operations improved by $9.4 million, moving from a loss of $5.9 million to income of $3.6 million.
- Adjusted EBITDA increased 152% to $7.9 million, with quarterly EBITDA growing sequentially every quarter for the past year.
- Operating cash flow improved by $11.1 million to a positive $4.4 million compared to a deficit of $6.7 million last year.
- Gross margin was 84.5%, down from 87.2% last year, primarily due to startup and implementation costs related to the new FFL transfer services.
- Operating expenses decreased by 45% to $8.9 million, reflecting lower legal and professional fees, corporate restructuring, and elimination of legacy costs.
- Marketplace metrics showed GMV increased 18.1% to $223.7 million, average order value rose 7.5% to $477, conversion improved 11 basis points to 1.76%, and first party engaged sessions grew 2.9%.
- FFL transfer fees contributed $0.9 million in revenue and 39 basis points to the take rate, expanding the dealer network and streamlining the transfer process.
- Virginia's proposed legislation banning high capacity firearms created a temporary tailwind, contributing to a meaningful portion of year over year GMV increase, but demand is not expected to repeat in the second quarter due to ongoing litigation and injunctions.
- Silencers and suppressed firearms GMV increased approximately 71% year over year following the reduction of federal making and transfer taxes to zero effective January 1st, 2026.
STOCKNOW INSIGHTS
Continue with outlook and guidance.
Log in to unlock executive comments and Q&A highlights.
Log in for the full summaryStockNow uses AI to translate and summarize earnings calls. Accuracy and completeness are not guaranteed.
Transcript
Preview the first five paragraphs, organized by speaker.
Thank you for joining us, welcome to Outdoor Holding Company's first quarter earnings call for fiscal year 2027. At this time, all participants are in listen-only mode. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. Participants on this call are advised that the audio of this conference call is being broadcast live over the internet and is also being recorded for playback purposes. I would now like to turn the call over to Michael Bacal of Darrow Associates, the company's investor relations firm.
Please go ahead, sir. Good morning, thank you for participating in today's conference call.
Joining me from Outdoor Holding Company's leadership team are Steve Urvan, Chairman and Chief Executive Officer, Paul Kasowski, Chief Financial Officer, and Jordan Christensen, Chief Legal Officer and Corporate Secretary. During this call, management will be making forward-looking statements within the meaning of the federal securities laws, including statements that address Outdoor Holding Company's expectations, strategy, future performance, operational results, margins, cost structure, legal matters, capital allocation, and other matters. Forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements.
For more information about these risks and uncertainties, please refer to the risk factors and other cautionary statements described in Outdoor Holding Company's most recently filed annual report on Form 10-K, quarterly report on Form 10-Q, and the company's earnings press release issued in advance of this call. Today's call includes non-GAAP financial measures that the company believes can be useful in evaluating its performance, including adjusted EBITDA. These measures should not be considered in isolation or as a substitute for results prepared in accordance with GAAP. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the reconciliation table located in the company's earnings press release and 10-Q and previously released financial reporting. The information discussed on this call is current as of today, August 10th, 2026.
Except as required by law, Outdoor Holding Company disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call. It is now my pleasure to turn the call over to Outdoor Holding Company's Chairman and CEO, Steve Urvan.
FULL TRANSCRIPT
Continue the full translated transcript in StockNow.
Log in to unlock every statement, the English original, and speaker-by-speaker history.
Log in for the full transcriptCall participants
6 people spoke on this call — only 1 are shown here.
PARTICIPANT LIST
View participant details in StockNow.
Log in to see executives and analysts, their roles, and complete speaking history.
Log in to view all participantsKeep exploring