Outdoor Holding Shares Rise After 3Q Swing to Profit

Dow Jones02-09
 

By Chris Wack

 

Outdoor Holding shares were 13% higher, at $1.90, after the company said it has swung to a profit in its third quarter.

The hunting products company said it had quarterly earnings of $1.5 million, or 1 cent a share, compared with a loss of $26.9 million, or 23 cents a share, in the same quarter last year.

Revenue for the quarter was $13.4 million, compared with last year's $12.5 million.

The company said that its quarter was helped by continued cost discipline and reduced additional recurring operating expenses, while maintaining investment in its GunBroker.com platform. It also saw increased registered users, active listings and average order value on GunBroker.com.

Outdoor Holding also said that firearm sales increased 8%, and total gross merchandise value rose 6.4% to $215.8 million.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

February 09, 2026 09:55 ET (14:55 GMT)

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