Outdoor Holding Shares Rally on Third-Quarter Profit Swing

The hunting products specialist posted quarterly earnings of $1.5 million, or 1 cent per share, marking a significant recovery from the $26.9 million loss recorded during the same period last year. Revenue for the quarter climbed to $13.4 million, up from $12.5 million a year ago, according to the company’s financial statement.

Digital Growth and Operational Efficiency

Performance was bolstered by gains at GunBroker.com, where the company reported an increase in registered users, active listings, and average order value. Total gross merchandise value (GMV) on the platform rose 6.4% to $215.8 million, while direct firearm sales saw an 8% uptick.

Management attributed the turnaround to continued cost discipline and a reduction in recurring operating expenses. Despite the belt-tightening, the company maintained its investment in the GunBroker.com infrastructure to capitalize on shifting consumer demand in the outdoor and hunting sectors.