Winning AOBC Stock Forecast: American Outdoor Brands Corporation Aiming High And Reaching Their Target
Winning AOBC Stock Forecast
(Source: Flickr)
American Outdoor Brands Corporation (AOBC) has seen a large surge of success over the past couple of weeks. After seeing a 84% decline in their net income in 2018, coming down to $20 million. Firearm sales which are the core of the brand (AOBC also being known as the iconic arms brand Smith & Wesson), were down 41.9%. The decline in gun sales began with a push for tighter gun control laws in America, and took a steeper drop around election time. However, sales are once again looking to be on a healthy incline. It should be noted that the company also expanded out of
