American Outdoor Brands Appoints Tayon as Chief Product Officer
December 22, 2023
🌥️Trending News
American Outdoor Brands ($NASDAQ:AOUT), a leader in the outdoor products industry, has recently appointed Tayon as its Chief Product Officer. American Outdoor Brands is an American company which designs, manufactures, and sells firearms, outdoor sports and recreation products, and lifestyle products. The company’s brands include Smith & Wesson, Caldwell, Crimson Trace, Wheeler Engineering, Tipton Gun Cleaning Supplies, and Lockdown Gun Safes and Vaults. Tayon brings years of expertise in product management and leadership to the role. Prior to joining American Outdoor Brands, she was the Vice President of Product Management at Ideal Industries, Inc., a leader in hand tools and instruments. She has also held various product management roles at Standard Innovation Corporation, a Canadian-based consumer products manufacturer.
Tayon will be responsible for leading the product team within American Outdoor Brands to develop new product offerings that meet customer needs and support the company’s growth ambitions. Her experience in product management will be invaluable in helping to shape the company’s future product strategy. She will also be instrumental in building strong relationships with key stakeholders, such as partners and suppliers. As American Outdoor Brands continues to grow, Tayon’s leadership and experience will be a great asset to the company. Her appointment as Chief Product Officer marks an exciting new chapter for American Outdoor Brands and is a testament to their commitment to providing innovative outdoor products.
Share Price
American Outdoor Brands, a prominent outdoor equipment and firearms company, recently announced that it has appointed Tayon as its new Chief Product Officer. This news was well-received by the stock market, as American Outdoor Brands saw their stock open at $8.5 on Thursday and close at $8.8 by the end of the trading day. This marks a 3.8% increase from the prior closing price of $8.4.
As Chief Product Officer, Tayon will be responsible for overseeing the development and production of American Outdoor Brands’ innovative products. His expertise in product design and innovation will ensure that American Outdoor Brands continues to provide quality products to its customers. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for AOUT. More…
| Total Revenues | Net Income | Net Margin |
| 194.47 | -10.73 | -5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AOUT. More…
| Operations | Investing | Financing |
| 21.32 | -3.1 | -26.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for AOUT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 243.65 | 57.66 | 14.3 |
Key Ratios Snapshot
Some of the financial key ratios for AOUT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.4% | – | -5.5% |
| FCF Margin | ROE | ROA |
| 9.3% | -3.6% | -2.7% |
Analysis
At GoodWhale, we have analyzed AMERICAN OUTDOOR BRANDS’s financials and have concluded that it is an ‘elephant’ company – which basically means that it is rich in assets after deducting off liabilities. This type of company would be attractive to investors who prioritize stability and returns from assets, such as value investors. Our analysis has revealed that AMERICAN OUTDOOR BRANDS has a strong asset base, medium profitability and weak dividend growth. However, it has a high health score of 8 out of 10 with regard to its cashflows and debt, which speaks to its ability to sustain future operations in times of crisis. This makes it an attractive option for investors looking for risk-averse investments with the potential for decent returns. More…
Peers
In the outdoor apparel and gear industry, American Outdoor Brands Inc faces stiff competition from a number of different companies, including Bonny Worldwide Ltd, BikeExchange Ltd, and Youngone Holdings Co Ltd. While each company has its own unique strengths and weaknesses, American Outdoor Brands Inc has been able to stay ahead of the competition by offering a combination of quality products, competitive prices, and excellent customer service.
– Bonny Worldwide Ltd ($TWSE:8467)
Bonny Worldwide Ltd is a leading provider of global transportation and logistics services. The company has a market cap of 2.62B as of 2022 and a Return on Equity of 16.57%. Bonny Worldwide Ltd provides a full range of transportation and logistics services, including airfreight, ocean freight, land freight, and warehousing and distribution. The company also offers a wide range of value-added services, such as supply chain management, customs clearance, and logistics consulting.
– BikeExchange Ltd ($ASX:BEX)
BikeExchange Ltd is a market leader in online bicycle sales and has a market cap of 11.41M as of 2022. The company has a return on equity of -87.65%, which is significantly lower than the industry average. The company’s main business is selling bicycles and related products online. BikeExchange also operates brick-and-mortar stores in Australia and New Zealand. The company was founded in 2000 and is headquartered in Melbourne, Australia.
– Youngone Holdings Co Ltd ($KOSE:009970)
Youngone Holdings Co Ltd is a South Korea-based company engaged in the manufacture and sale of textile products. The Company operates its business through three segments: Outerwear, Sportswear and Others. Its products include functional clothing, such as waterproof, windproof and breathable products; sports products, including golfwear, skiwear, climbing wear and fishing wear; and other products, such as innerwear, school uniforms and workwear. As of December 31, 2011, the Company had 43 subsidiaries and two associated companies.
Summary
American Outdoor Brands (formerly Smith & Wesson) has recently appointed Tayon as its chief product officer. This news has been positively received by investors, with the stock prices moving up the same day. The company produces firearms, ammunition, and accessories with a wide array of products spanning the hunting, shooting, and outdoor enthusiast markets. This increased focus on product development could be seen as a smart move by the company, as it has the potential to boost future sales and revenue.
The recent focus on product innovation is also good news for investors, as this could help the company stay competitive in the industry. As such, American Outdoor Brands might be worth taking a closer look for investors looking for an attractive opportunity.
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