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, Inc. (SWBI) reported Q2 fiscal 2023 net sales of $121.0 million, a decrease of 47.5% from the previous year, but a 6.4% increase from pre-pandemic levels in fiscal 2020. The gross margin was 32.4%, down from 44.3% year-over-year, with adjusted EBITDAS at $25.6 million (21.1% margin). GAAP net income dropped to $9.6 million ($0.21/share) from $50.9 million ($1.05/share) last year. Despite a dip in consumer demand for firearms, the company remains focused on long-term profitability and has authorized a $0.10 quarterly dividend.
Smith & Wesson Brands, Inc. (SWBI) plans to release its second quarter fiscal 2023 financial results on December 6, 2022, after market close. The company will host a conference call at 5:00 p.m. ET to discuss these results, featuring CEO Mark Smith and CFO Deana McPherson. The full press release will be accessible on their website under Investor Relations.
Smith & Wesson Brands, Inc. (SWBI) reported Q1 fiscal 2023 results with net sales of $84.4 million, a significant decline of 69.3% year-over-year. Gross margin stood at 37.3%, down from 47.3% last year. The company posted a GAAP net income of $3.3 million ($0.07 per share), compared to $76.9 million ($1.57 per share) in the same quarter last year. Despite lower sales, the cash position remains strong at $110.5 million with no debt. A quarterly dividend of $0.10 per share has been authorized for stockholders.
Smith & Wesson Brands, Inc. (NASDAQ: SWBI) will announce its first quarter fiscal 2023 financial results on September 8, 2022, after market close. A conference call will follow at 5:00 PM ET, featuring CEO Mark Smith and CFO Deana McPherson. Investors can register in advance and access the live and archived webcasts on the investor relations section of the Smith & Wesson website. The press release can be found on their official site as well.
Smith & Wesson Brands, Inc. (SWBI) reported a Q4 net sales of $181.3 million, a 43.9% decrease year-over-year. The gross margin was 39.8%, down from 45.1% a year prior. The Q4 EPS was $0.79, compared to $1.70 the previous year. For the full year, net sales totaled $864.1 million, an 18.4% decline. However, the company continues to maintain a strong balance sheet with $120.7 million in cash and no debt. The Board approved a 25% increase in the quarterly dividend to $0.10 per share, reflecting confidence in future cash flows.
Smith & Wesson Brands, Inc. (NASDAQ: SWBI) plans to release its fourth quarter and full fiscal 2022 financial results on June 23, 2022, after market close. A conference call will occur the same day at 5:00 p.m. ET, featuring CEO Mark Smith and CFO Deana McPherson to discuss the results, which may include forward-looking statements. Interested parties can listen via telephone or access the audio webcast on the company's website.
Smith & Wesson Brands (NASDAQ: SWBI) reported its fiscal Q3 2022 results, showing net sales of $177.7 million, down 31% year-over-year. However, this represents a 139.5% increase compared to Q3 2020. Gross margin declined to 39.6% from 42.6% in the previous year. Quarterly GAAP net income was $30.5 million ($0.65 per share), down from $62.3 million ($1.12 per share), while non-GAAP net income was $32.9 million ($0.69 per share). The company purchased 2.8 million shares for $50 million and remains debt-free with over $107 million in cash.
Smith & Wesson Brands, Inc. (NASDAQ: SWBI) announced its third quarter fiscal 2022 financial results will be released on March 3, 2022, after market close. A conference call will follow at 5:00 p.m. ET, featuring CEO Mark Smith and CFO Deana McPherson. Investors can access the call via phone or live webcast. Smith & Wesson is recognized for its firearm manufacturing and design, with a diverse product portfolio, including handguns and suppressors. The full press release will be available on their website under Investor Relations.
Smith & Wesson Brands, Inc. (SWBI) reported its Q2 fiscal 2022 earnings, with net sales of $230.5 million, down 7.3% year-over-year. Despite this revenue decline, the company achieved a gross margin increase to 44.3%, leading to a GAAP net income of $50.9 million, or $1.05 per diluted share, compared to $49.1 million, or $0.87 per diluted share in the prior year. Non-GAAP net income also rose, supported by a strong flexible manufacturing model. The company continues its relocation to Tennessee, aiming for enhanced operational capabilities.
