earnings
confidence high
sentiment neutral
materiality 0.65
SWBI Q3 FY2022: Net sales $177.7M (-31% YoY), GAAP EPS $0.65, repurchased $50M in shares
SMITH & WESSON BRANDS, INC.
2022-Q3 EPS reported
$3.28
revenue$682,826,000
- Net sales $177.7M, down 31% YoY but up 139.5% vs Q3 FY2020; gross margin 39.6%
- GAAP net income $30.5M ($0.65 diluted EPS); non-GAAP net income $32.9M ($0.69)
- Repurchased 2.8M shares for $50M; debt-free with $107M cash on hand
- Quarterly dividend $0.08/share, payable March 31 to holders of record March 17
- Management notes market cooling from pandemic surge; demand following pre-pandemic patterns