earnings
confidence high
sentiment neutral
materiality 0.65
Smith & Wesson Q3 net sales $129M, down 27% YoY; EPS $0.24
SMITH & WESSON BRANDS, INC.
2023-Q3 EPS reported
$0.52
revenue$334,465,000
- Q3 net sales $129.0M, down 27.4% YoY; GAAP EPS $0.24 vs $0.65 YoY.
- Non-GAAP EPS $0.25; Adjusted EBITDAS margin 18.4% of sales.
- Quarterly dividend of $0.10 per share declared, payable March 30, 2023.
- CEO cites transformation and healthy firearm market; relocation to Tennessee on track.
- Borrowed on line of credit for relocation; expects repayment by completion.