Smith & Wesson Brands expects full fiscal 2027 revenue to grow in mid-single digits compared to fiscal 2026, with first-quarter revenue projected to be 15% to 20% higher than the prior year. The company also plans approximately $20 million in incremental capital expenditures at its Springfield, Massachusetts machining center of excellence, on top of its usual annual spend of $25 million to $30 million, to expand capacity and improve operational efficiency. In the fourth quarter of fiscal 2026, net sales rose 26.7% to $178.4 million, beating analyst estimates, while adjusted earnings per share of $0.36 also exceeded expectations. New products accounted for 37.5% of quarterly revenue, and the company generated $74.6 million in cash from operations, ending the period with a net cash position of $8.2 million. Management cited tariffs and inventory reserves as ongoing margin headwinds and noted that first-quarter average selling prices are expected to be sequentially lower by about 5% due to mix.
Smith & Wesson Brands IncCompany guides for mid-single-digit FY2027 revenue growth, reports strong Q4 earnings beat, and plans $20M capex for capacity expansion.