Smith & Wesson (NASDAQ:SWBI) shares jumped 5.8% in afternoon trading after the company reported strong first-quarter fiscal 2027 financial results, returning to profitability with a 32.3% surge in net sales. Net sales reached $112.6 million for the quarter ended July 31, 2026, up $27.5 million from the prior-year period, while both GAAP and non-GAAP net income came in at $2.6 million, or $0.06 per diluted share, rebounding from a net loss of $3.4 million, or $0.08 per diluted share. Revenue beat the consensus estimate of $98.7 million, and diluted EPS surpassed projections of a $0.05 loss, according to FactSet. Gross margin stood at 28.7%, including a $2.9 million non-recurring tariff refund that added about 260 basis points, while non-GAAP Adjusted EBITDAS rose 86% year-over-year to $13.8 million. The board authorized a quarterly dividend of $0.13 per share and reaffirmed full-year fiscal 2027 revenue growth guidance of 5% to 7%.
Smith & Wesson Brands IncStrong Q1 results with revenue and EPS beating estimates, returning to profitability.
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