Smith & Wesson Brands IncSWBI
▲ PositiveCapitalrelevance
Q1 sales surge 32%, EPS turns positive, and dividend authorized.
Impact on stocks 2
Consumer Discretionary
Smith & Wesson Brands IncFinancials
China Dvlp Bk Finl Leasing Co1606
Mentioned
Smith & Wesson Brands reported fiscal first-quarter net sales of $112.6 million, up 32.3% year-over-year, with adjusted EBITDA rising 86% and earnings per share of $0.06 versus a loss of $0.08 a year ago. The company gained market share in both handguns and long guns, with handgun ASPs up nearly 9% and long-gun ASPs up over 18%. Gross margin expanded to 28.7%, helped by $2.9 million in tariff relief funds. For the second quarter, management expects sales roughly 10% above last year, while maintaining full-year revenue growth guidance of 5% to 7%. The company also authorized a quarterly dividend of $0.13 per share.
Smith & Wesson Brands IncQ1 sales surge 32%, EPS turns positive, and dividend authorized.
China Dvlp Bk Finl Leasing Co