---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-263233"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2021-09-01T23:59:59+00:00"
generated_at: "2026-06-29T06:21:22.402450+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson reports record Q1 net sales $274.6M, EPS $1.57, gross margin 47.3%

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-263233
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2021-09-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312521263233/0001193125-21-263233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312521263233/d194984d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-263233
- JSON: https://secwatch.observer/filing/0001193125-21-263233.json
- Plain text: https://secwatch.observer/filing/0001193125-21-263233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.