earnings
confidence high
sentiment positive
materiality 0.85
Smith & Wesson reports record Q1 net sales $274.6M, EPS $1.57, gross margin 47.3%
SMITH & WESSON BRANDS, INC.
2021-Q1 EPS reported
$1.57
revenue$274,609,000
- Net sales $274.6M, up 19.5% YoY; GAAP net income $76.9M ($1.57/diluted share) vs $43.3M ($0.77) last year.
- Record gross margin 47.3% (vs 40.2% YoY); non-GAAP Adjusted EBITDAS $109.6M (39.9% of sales).
- Two-year compounded sales growth nearly 170%; new M&P12 shotgun launched.
- Quarterly dividend of $0.08/share declared, payable Sep 28 to holders of record Sep 14.