American Outdoor Brands : Investor Presentation - June 2023

Exhibit 99.1

NASDAQ: AOUT

INVESTOR PRESENTATION

June 2023

AMERICAN OUTDOOR BRANDS (NASDAQ: AOUT)

LEGAL SAFE HARBOR

Certain statements contained in this presentation 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. All statements other than statements of historical facts contained or incorporated herein by reference in this presentation, including statements regarding our future operating results, future financial position, business strategy, objectives, goals, plans, prospects, markets, and plans and objectives for future operations, are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "estimates," "expects," "intends," "suggests," "targets," "contemplates," "projects," "predicts," "may," "might," "plan," "would," "should," "could," "may," "can," "potential," "continue," "objective," or the negative of those terms, or similar expressions intended to identify forward-looking statements. However, not all forward-looking statements contain these identifying words. 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. Such factors include, among others, potential disruptions in our suppliers' ability to source the raw materials necessary for the production of our products, disruptions and delays in the manufacture of our products, and difficulties encountered by retailers and other components of the distribution channel for our products including delivery of product stemming from port congestion and related transportation challenges; lower levels of consumer spending in general and specific to our products or product categories; our ability to introduce new products that are successful in the marketplace; interruptions of our arrangements with third-party contract manufacturers and freight carriers that disrupt our ability to fill our customers' orders; increases in costs or decreases in availability of finished products, components, and raw materials; our ability to maintain or strengthen our brand recognition and reputation; the ability to forecast demand for our products accurately; our ability to continue to expand our e-commerce business; our ability to compete in a highly competitive market; our dependence on large customers; our ability to attract and retain talent; an increase of emphasis on private label products by our customers; pricing pressures by our customers; our ability to collect our accounts receivable; the potential for product recalls, product liability, and other claims or lawsuits against us; our ability to protect our intellectual property; inventory levels, both internally and in the distribution channel, in excess of demand; our ability to identify acquisition candidates, to complete acquisitions of potential acquisition candidates, to integrate acquired businesses with our business, to achieve success with acquired companies, and to realize the benefits of acquisitions in a manner consistent with our expectations; the performance and security of our information systems; our ability to comply with any applicable foreign laws or regulations and the effect of increased protective tariffs; economic, social, political, legislative, and regulatory factors; the potential for increased regulation of firearms and firearms-related products; the effect of political pressures on firearm laws and regulations; the potential impact on our business and operations from the results of federal, state, and local elections and the policies that may be implemented as a result thereof; our ability to realize the anticipated benefits of being a separate, public company; future investments for capital expenditures, liquidity and anticipated cash needs and availability; the potential for impairment charges; estimated amortization expense of intangible assets for future periods; actions of social or economic activists that could, directly or indirectly, have an adverse effect on our business; disruptions caused by social unrest, including related protests or disturbances; our assessment of factors relating to the valuation of assets acquired and liabilities assumed in acquisitions, the timing for such evaluations, and the potential adjustment in such evaluations; and, other factors detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2023.

© 2023 American Outdoor Brands, Inc. All Rights Reserved

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AOB, READY FOR THE FUTURE.

AMERICAN OUTDOOR BRANDS, INC. AT A GLANCE

• HQ & Distribution: Columbia, MO

• Additional Offices: MA (Admin), Asia (WFOE)

• Spinoff from Former Parent Company: August 2020

• NASDAQ Global Select: AOUT

FY23 Net Sales	$191.2 million	Net Sales Target	$400M
FY23 Gross Profit Margin	46.1%	Target Adj. EBITDAS Margin %	Mid- to High-teens
FY23 Adjusted EBITDAS	$12.8 million, or 6.7%	Headquarters	Columbia, Missouri
Cash Balance	$22 million	Fiscal Year End	April 30
Line of Credit	$5 million outstanding	Employee Count	302

All metrics as of fiscal year end April 30, 2023

© 2023 American Outdoor Brands, Inc. All Rights Reserved

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AOB, READY

OUR BRANDS & PRODUCTS AT A GLANCE

21	2	D&U	387
Brands	Categories	Value Creation	Patents

FOR THE FUTURE.

We create innovative products, underneath 21 diverse brand names,(1) for consumers who are passionate about the outdoors and shooting sports.

Our brands operate across two (2) major product categories:

54%(2)Outdoor Lifestyle: fishing, camping, land management, meat processing, outdoor cooking

46%(2)Shooting Sports: shotgun sports, reloading, optics, hand tools, security solutions (we do not manufacture or sell firearms)

Our innovative "Dock & Unlock"™ formula fuels brand growth.

We have a proven track record of creating new brands, growing existing brands, and efficiently integrating acquired brands to expand our reach into new markets.

We have a tremendous pipeline of disruptive new products, backed by an accelerating portfolio of patents.

In the past two years, alone, our IP portfolio has swelled by ~30% to 387 patents - filed or active - with more on the way.

This moat helps protect our future revenue and profitability.

(1) In addition to our 17 owned brands, we also license the Smith & Wesson®, M&P®, Thompson/Center Arms™, and Performance Center® brands from Smith & Wesson.
(2) Percent of FY23 Net Sales ended April 30, 2023.	© 2023 American Outdoor Brands, Inc. All Rights Reserved	4

"Building authentic, lifestyle brands that help consumers make the most out of the moments that matter."