Smith & Wesson crushed expectations with a 57% EPS beat as handgun unit sales into sporting goods surged 23% year-over-year, outpacing the broader market's stalled demand and proving the company is gaining real share. New products drove 37.5% of revenue while operating cash flow swung to $114M from negative $7M, fueling a $60M debt paydown.
Smith & Wesson Brands :
SWBI
SWBI
Stock Data
$15.01
$0.15 (1.01%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
AEROSPACE & DEFENSE
Smith & Wesson Brands, Inc. is a renowned American company specializing in the design, manufacture, and sale of firearms and related products. With a rich history dating back to 1852, it offers a wide range of products including handguns, rifles, suppressors, and handcuffs under well-known brands like Smith & Wesson, M&P, and Gemtech. Beyond firearms, it provides specialized manufacturing services and sells directly to consumers, law enforcement, and military agencies. Headquartered in Springfield, Massachusetts, Smith & Wesson is synonymous with quality and reliability in the firearms industry.
Latest Activity
Smith & Wesson reports after the close today with consumer demand for firearms under scrutiny amid broader political headwinds.
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