Settles Trademark Dispute With Good Sportsman Marketing.
May 2, 2023
Trending News ☀️
American Outdoor Brands ($NASDAQ:AOUT) has recently settled a trademark dispute with Good Sportsman Marketing, an outdoor sporting goods retailer. The dispute was related to a mark used in connection with ammunition, which both companies had registered. Under the terms of the settlement, American Outdoor Brands will retain ownership of the mark. American Outdoor Brands Corporation is a company that designs, manufactures, and sells firearms and accessories. It is the parent company of Smith & Wesson, a leading gun maker and one of the most recognizable names in the firearms industry.
The company operates through two business segments: firearms and accessories. It also offers a range of hunting and shooting products, such as traditional and modern firearms, apparel, hearing protection, shooting accessories, and more. American Outdoor Brands is publicly traded on the NASDAQ under the ticker symbol AOBC.
Price History
On Tuesday, AMERICAN OUTDOOR BRANDS announced that it has settled a trademark dispute with Good Sportsman Marketing. Following the news, stock prices for AMERICAN OUTDOOR BRANDS opened at $8.6 and closed at $8.7, representing a 0.2% decrease from the previous day’s closing price of $8.7. This dispute was the result of AMERICAN OUTDOOR BRANDS claiming that Good Sportsman Marketing was using their trademarks without permission. Through the settlement, AMERICAN OUTDOOR BRANDS has regained the exclusive rights to their trademarks, allowing them to continue utilizing them in their business activities without any legal issues. 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 |
| 194.9 | -84.87 | -22.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for AOUT. More…
| Operations | Investing | Financing |
| 32.5 | -33.11 | -0.46 |
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 |
| 253.16 | 58 | 14.72 |
Key Ratios Snapshot
Some of the financial key ratios for AOUT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.8% | – | -40.1% |
| FCF Margin | ROE | ROA |
| 13.5% | -24.8% | -19.3% |
Analysis
At GoodWhale, we provide investors with deep insights into the financials of AMERICAN OUTDOOR BRANDS. Our Risk Rating shows that this investment is a high risk one, as we have detected 3 risk warnings in its income sheet, balance sheet and cashflow statement. It is important to take a closer look at the financials of this company and understand the risks associated with it. As such, we recommend you register on our website and get access to the detailed analysis of AMERICAN OUTDOOR BRANDS. We will provide you with valuable insight into the financials of this company, allowing you to make an informed decision about your investment. 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 (AOUT) recently reached a settlement agreement with Good Sportsman Marketing to resolve a dispute over trademark infringement. The case was dismissed with prejudice, which means that Good Sportsman Marketing is permanently barred from pursuing its case against AOUT. Investors should take note that AOUT is continuing to focus on protecting its brands. AOUT is also continuing to look into its future growth opportunities, with plans to increase its market share and expand into global markets.
The company has a strong balance sheet, with ample liquidity and no long-term debt. With this settlement, AOUT can now move forward with plans to invest in its core brands and build upon its industry-leading position.
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