---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-172552"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T18:46:46.445270+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson Q4 net sales $144.8M (down 20.1%), EPS $0.28; dividend raised 20% to $0.12

## Summary
- Q4 net sales $144.8M, down 20.1% YoY; gross margin 29.0% vs 39.8% prior year.
- GAAP diluted EPS $0.28; adjusted EPS $0.32. Full-year net sales $479.2M, down 44.5%.
- Full-year GAAP net income $36.9M ($0.80/share) vs $194.5M ($4.08/share) prior year.
- Board approved 20% dividend increase to $0.12/share; payable July 27 to holders of record July 13.
- Channel inventory declined for fifth consecutive quarter; management expects shipments to increase in FY2024.

## SEC filing metadata
- accession: 0001193125-23-172552
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312523172552/0001193125-23-172552-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312523172552/d524330d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-172552
- JSON: https://secwatch.observer/filing/0001193125-23-172552.json
- Plain text: https://secwatch.observer/filing/0001193125-23-172552.txt

## Key facts
- Earnings Releases
  SMITH & WESSON BRANDS, INC. reported the fourth quarter and full fiscal year 2023, ended April 30, 2023 results: revenue Net sales were $144.8 million, net income GAAP net income was $12.8 million, or $0.28 per diluted share, EPS $0.28 per diluted share.
  - Period: the fourth quarter and full fiscal year 2023, ended April 30, 2023
  - Revenue: Net sales were $144.8 million
  - Net income: GAAP net income was $12.8 million, or $0.28 per diluted share
  - EPS: $0.28 per diluted share
  - Result: reported results
  source text: Smith & Wesson Brands, Inc. Reports Fourth Quarter and Full Fiscal 2023 Financial Results • Q4 Net Sales of $144.8 Million • Q4 Gross Margin of 29.0%; Non-GAAP Gross Margin of 29.4% • Q4 EPS of $0.28/Share; Q4 Adjusted EPS of $0.32/Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092796/000119312523172552/0001193125-23-172552-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.