earnings
confidence high
sentiment positive
materiality 0.65
Smith & Wesson Q2 net sales $230.5M, GAAP EPS $1.05, gross margin 44.3%
SMITH & WESSON BRANDS, INC.
2021-Q2 EPS reported
$2.63
revenue$505,088,000
- Net sales $230.5M (-7.3% YoY); gross margin 44.3% vs 40.6% prior year.
- GAAP net income $50.9M ($1.05 diluted EPS); non-GAAP net income $55.3M ($1.13 diluted EPS).
- Non-GAAP adjusted EBITDAS $80.4M (34.9% of sales), up from $78.9M (31.7%) prior year.
- Board authorized $0.08 quarterly dividend, payable Jan 4 to holders of record Dec 16.
- Two-year compounded sales growth >140%; company cites flexible model and new M&P 10MM launch.