secwatch.observer — SEC 8-K summary
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Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2021-12-02T23:59:59+00:00
Accession:  0001193125-21-346651
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith & Wesson Q2 net sales $230.5M, GAAP EPS $1.05, gross margin 44.3%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312521346651/0001193125-21-346651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312521346651/d249573d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-346651

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer