=American Outdoor Brands (AOBC) reported earnings on Thur 29 June 2017 (a/h)

• Smith & Wesson (SWHC) announced that it changed its name to American Outdoor Brands (AOBC) effective January 1, 2017.
    

• #15, 33, 53, 60, 70, 87 just before

American Outdoor Brands beats by $0.19, beats on revs; guides Q1 EPS and revs below consensus; guides FY18 EPS and rev below consensus :

• Reports Q4 (Apr) earnings of $0.57 per share, excluding non-recurring items, $0.19 better than the Capital IQ Consensus of $0.38; revenues rose 3.7% year/year to $229.2 mln vs the $210.82 mln Capital IQ Consensus.
• Co issues downside guidance for Q1, sees EPS of $0.07-0.12, excluding non-recurring items, vs. $0.31 Capital IQ Consensus Estimate; sees Q1 revs of $140-150 mln vs. $179.60 mln Capital IQ Consensus Estimate.
• Co issues downside guidance for FY18, sees EPS of $1.42-1.62, excluding non-recurring items, vs. $1.62 Capital IQ Consensus Estimate; sees FY18 revs of $750-790 mln vs. $832.48 mln Capital IQ Consensus Estimate. 
• "In our Firearms segment, we introduced several important new products, including the Smith & Wesson M&P M2.0, which is our next generation full size polymer pistol and an important platform for the addition of new M&P pistols that we plan to add in 2018 and beyond. Sales of our market-leading M&P Shield pistol designed for concealed carry remained strong. In the fourth quarter alone, we sold over 195,000 Shield units, reflecting tremendous consumer adoption rates and extraordinary market share gains. We also continued to leverage our flexible manufacturing model, allowing us to quickly respond to consumer market changes, capture revenue, and deliver healthy gross margins. In our Outdoor Products & Accessories segment, we completed three acquisitions that drove revenue growth and gross margin expansion, and marked important progress in expanding our business into new markets that resonate with our core firearm and rugged outdoor enthusiast consumers."
• Peer: RGR