Welcome to our dedicated page for Smith & Wesson Brands news (Ticker: SWBI), a resource for investors and traders seeking the latest updates and insights on Smith & Wesson Brands stock.
Smith & Wesson Brands Inc (SWBI) maintains its position as a leading American firearms manufacturer with a 170-year legacy of innovation in handguns, long guns, and suppressor products. This dedicated news hub provides investors and industry observers with essential updates spanning corporate developments, regulatory changes, and market leadership in defense and consumer markets.
Our curated collection offers immediate access to official press releases and verified financial reporting, including earnings announcements, product launch details, and manufacturing innovations. Users can track strategic initiatives across SWBI's core operations serving military, law enforcement, and recreational shooting communities.
The resource features updates on:
Financial performance including quarterly earnings and SEC filings
Product developments like new firearm models and manufacturing technologies
Regulatory compliance updates affecting production and distribution
Strategic partnerships with defense contractors and retail networks
Bookmark this page for ongoing access to SWBI's evolving corporate narrative. Check back regularly for unfiltered updates directly from one of America's most established firearms engineering enterprises.
Smith & Wesson Brands (NASDAQ: SWBI) reported its Q4 and full fiscal year 2024 financial results. Q4 net sales increased 9.9% to $159.1 million, with a gross margin of 35.5%. GAAP net income was $26.1 million, or $0.57 per diluted share. Non-GAAP net income was $20.9 million, or $0.45 per diluted share. For the full year, net sales rose 11.8% to $535.8 million, though the gross margin decreased to 29.5%. GAAP net income was $39.6 million, and non-GAAP net income was $42.6 million. The company authorized an 8.3% increase in quarterly dividends. Despite a competitive market, Smith & Wesson plans to grow net sales and gross margin in FY 2025.
Smith & Wesson Brands (NASDAQ: SWBI) announced plans to release its fourth quarter and full fiscal 2024 financial results on June 20, 2024, after market close. The announcement will be available on the company's website under the Investor Relations section. A conference call and webcast will be held on the same day to discuss the financial and operational results. Speakers will include President and CEO Mark Smith, and CFO Deana McPherson.
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