We are a growth-oriented provider of outdoor products & accessories, including hunting, fishing, camping, shooting, and personal security and defense … American Outdoor Brands Corporation’s board of directors announced on Wednesday that it will separate its firearm business – Smith & Wesson … The stock, while still trading on … The spin-off company, American Outdoor Brands, Inc., will begin trading Tuesday on NASDAQ under the symbol "AOUT." Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI) is a provider of quality products for shooting, hunting, and rugged outdoor enthusiasts in the global consumer and professional markets. Such forward-looking statements include, among others, our belief that the company has made recent investments in infrastructure, including a new distribution center and an e-commerce platform, that create a solid foundation for future growth, driven by its unique 'Dock & Unlock' brand strategy; our belief that our passion for products that allow people to pursue their outdoor adventures is especially timely; and our belief that consumers are increasingly looking to outdoor activities. Posted June 4, 2020 in Companies, Daily News, Gun Brands, News, Press Releases by Will P with No CommentsTags: American Outdoor, AOBI, nasdaq, Smith & Wesson, SWBI. We caution that these statements are qualified by important risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Smith & Wesson owner American Outdoor Brands Corp said on Wednesday Chief Executive Officer James Debney has left the company after the board found that … As consumers increasingly look to outdoor activities such as fishing, hunting, shooting sports, camping, and hiking, we are proud to deliver innovative products that make it possible for people to re-think their connection with the outdoors. American Outdoor Brands, Inc., formerly known as Smith & Wesson Holding Corporation until 2016, is an American manufacturer of firearms and outdoor sports and recreation products. American Outdoor Brands is a growth-oriented provider of outdoor products and accessories, including hunting, fishing, camping, shooting, and personal security and defense products, for rugged outdoor enthusiasts. This stock distribution, slated for late summer, will effectively create the two independent, publicly traded companies. (573) 303-4620. COLUMBIA, Mo., Aug. 25, 2020 /PRNewswire/ -- American Outdoor Brands, Inc. (NASDAQ Global Select: AOUT), an industry leading provider of products and accessories for rugged outdoor enthusiasts, today announced that its spin-off from Smith & Wesson Brands, Inc. (NASDAQ: SWBI) was completed on Monday, August 24, 2020, and American Outdoor Brands, Inc. is now an independent, publicly traded … The Company reports two segments: Firearms and Outdoor Products & Accessories. The name of the holding company will change from Smith & Wesson Holding Corporation to American Outdoor Brands Corporation. Clearly, American Outdoor Brands has a niche that it's sticking to. Outdoor Products & Accessories is an industry leading provider of shooting, reloading, gunsmithing and gun cleaning supplies, specialty tools and cutlery, and electro-optics products and technology for firearms. The name change reflects the company’s preparation for the previously announced spin-off of its outdoor products and accessories business as a tax-free stock distribution to its stockholders in late summer 2020, a transaction that would create two independent publicly traded companies: Smith & Wesson Brands, Inc. (which would encompass the firearm business) and American Outdoor Brands, Inc. (which would encompass the outdoor products and accessories business). Read More. Under his … We also believe that this action will give the investment community clearer insight into the value creation potential in each of these independent companies, ultimately driving enhanced stockholder value.”. March 3, 2021. Last November, TFB reported that American Outdoors would be splitting from Smith & Wesson. American Outdoor Brands, Inc. Completes Spin-off from Smith & Wesson. SPRINGFIELD, Mass., June 1, 2020 /PRNewswire/ -- Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), (formerly American Outdoor Brands Corporation), one of the world's leading providers of firearms and quality products for the shooting, hunting, and rugged outdoor enthusiast, has changed its name from American Outdoor Brands Corporation to Smith & Wesson Brands, Inc. and its ticker symbol from … Interested in all shooting disciplines and passionate about all kinds of guns. We continue to bring innovative firearms to market that meet the needs of every shooter and deliver on exceptional quality with a brand you’ve learned to trust. Former US Army infantryman, lifelong hunter and hobby/sport shooter. The press release reads as follows. Perpetual firearms student, always seeking to become better and learn more. American Outdoor Brands Corp. President & CEO, James Debney, said, “Lane is the ideal person to lead our firearms business. To mark the company's first day of trading, American Outdoor Brands President and CEO, Brian Murphy, several of the company's employees, the Board of Directors, and Chairman Barry M. Monheit, will virtually ring the Opening Bell on the NASDAQ market this morning at 9:30 a.m. EDT. American Outdoor Brands, Inc. Third Quarter Fiscal 2021 Financial Release and Conference Call Alert. We are proud to share our celebration with you.". Separating from Smith & Wesson may also simply be a smart business decision for American Outdoor Brands: Sales from its firearms segment have fallen 38 percent since 2017. AOUT NASDAQ GS. Smith & Wesson changed its name to American Outdoor Brands (Nasdaq: AOBC) in 2016 as part of a diversification push — the opposite corporate strategy from the one announced Wednesday. American outdoor brands. SPRINGFIELD, Mass., Aug. 24, 2020 /PRNewswire/ -- Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), a U.S. -based leader in firearm manufacturing and design, today announced that it has completed the previously announced spin-off of its outdoor products and accessories business. January 19, 2021. Smith & Wesson bought Crimson Trace for $95 million in 2016 before changing its name to American Outdoor Brands. It owns 18 brands. Turning pursuit into passion, AOB delivers brands that move you because our success is measured by moments that matter. The move was announced by Smith & Wesson in 2019. Smith & Wesson is by far the company's most widely known brand and it's likely the only one that's a household name. American Outdoor Brands makes strides to execute planned split with Smith & Wesson. Such factors include, among others, the effects of the coronavirus, or COVID-19, pandemic, including potential disruptions in our ability to source the raw materials necessary for the production of our products, disruptions and delays in the manufacture of our products, difficulties encumbered by retailers and other components of the distribution channel for our products; lower levels of consumer spending; our ability to introduce new products that are successful in the marketplace; interruptions of our arrangements with third-party contract manufacturers that disrupt our ability to fill our customers' orders; increases in costs or decreases in availability of finished products, product components, and raw materials; the failure to maintain or strengthen our brand recognition and reputation; the ability to forecast demand for our products accurately; our inability to expand our e-commerce business; our inability to compete in a highly competitive market; our dependence on large customers; an increase in private label products by our customers; pricing pressures by our customers; our ability to collect our account to receivable the risk of earthquakes, fire, power outages, power losses, and telecommunication failures; our abilities to identify acquisition candidates, to complete acquisitions of potential acquisition candidates, our ability to integrate their businesses with our business, and the success of acquired companies; our ability to protect our intellectual property; the risk of complying with any applicable foreign laws or regulations and the effect of increased protective tariffs; the performance and security of our information systems; the potential for product recalls, product liability, and other claims against us; our dependable on key personnel; economic, social, political, legislative, and regulatory factors; the potential for increased regulation of firearms and firearms-related products; the state of the U.S. economy; risks associated with our new principal facility, including the expected benefits; and other factors detailed from time to time in our reports that will be filed with the SEC, including the information statement filed with the SEC on August 4, 2020. Shareholders of gun maker Smith & Wesson “overwhelmingly” voted to change the company name to American Outdoor Brands Corp., the company said in a Tuesday statement. Contact on Instagram: @WillTFB, American Outdoors would be splitting from Smith & Wesson, tax-free stock distribution as well as a 4Q and full fiscal 2020. Speakers on the conference call will include Brian Murphy, Co-President and Co-Chief Executive Officer, Mark Smith, Co-President and Co-Chief Executive Officer, and Jeffrey D. Buchanan, Executive Vice President and Chief Financial Officer. Its principal brand was Smith & Wesson firearms up until the company was spun out in 2020. Safe Harbor Statement Copyright 2021 American Outdoor Brands Inc. All rights reserved. American Outdoor Brands Corp. said it will split into two publicly traded companies, one focused on firearms and the other on outdoor products, in … Nachrichten zur Aktie Smith&Wesson Brands | A2P567 | SWBI | US8317541063 Nachrichten zur Aktie Smith&Wesson Brands | A2P567 | … Regardless of the activity, the outdoors calls us in collaboration, to share the moments that matter, in a way that delivers satisfaction through failures and success. We believe that our passion for products that allow people to pursue their outdoor adventures is especially timely. Smith & Wesson, the Gun Manufacturing company changed its name to American Outdoor Brands A never-ending battle between us and our … Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe-harbor created thereby. Who We Are We are passionate about the activities we pursue to the point that those … Starting that date, American Outdoor Brands will officially become Smith & Wesson Brands, and its ticker symbol will change from "AOBC" to "SWBI" at the market opening on June 1. Smith & Wesson Brands has completed the previously announced spin-off of its outdoor products and accessories business Smith & Wesson Brands, Inc. will continue to trade on NASDAQ under the ticker symbol "SWBI. The transaction was approved by its board of directors and on August 24th, shareholders as of August 10th will receive one share of American Outdoors for every four shares of Smith & Wesson owned. No RSVP is necessary. usd. SMITH&WESSON BRANDS AKTIE und aktueller Aktienkurs. In a June 1, 2020 press release, American Outdoor Brands announced substantive new strides to this end with a name and stock ticker symbol change. 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