secwatch.observer — SEC 8-K summary
======================================

Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2022-03-03T23:59:59+00:00
Accession:  0001193125-22-064316
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SWBI Q3 FY2022: Net sales $177.7M (-31% YoY), GAAP EPS $0.65, repurchased $50M in shares
--------------------------------------------------------------------------------

- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312522064316/0001193125-22-064316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312522064316/d110613d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-064316

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