{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-230613","form_type":"8-K","ticker":"SWBI","cik":"0001092796","company_name":"SMITH & WESSON BRANDS, INC.","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.123414+00:00","generated_at":"2026-06-10T22:32:23.014878+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Smith & Wesson Q1 net sales $114.2M (+35% YoY); GAAP EPS $0.07, adj. EPS $0.13; declares $0.12 dividend","bullets":["Q1 net sales $114.2M, up 35.4% YoY; GAAP net income $3.1M ($0.07 diluted EPS).","Non-GAAP net income $6.1M ($0.13 diluted EPS); adjusted EBITDAS $17.5M (15.3% of sales).","Gross margin 26.6% (down from 37.3%); management reaffirms annual gross margin model of at least 32%.","Board declared $0.12 per share quarterly dividend; record Sep 21, payable Oct 5.","Cash from operations $40.6M, up >$33M YoY; inventory reductions cited."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-230613","json":"https://secwatch.observer/filing/0001193125-23-230613.json","markdown":"https://secwatch.observer/filing/0001193125-23-230613.md","text":"https://secwatch.observer/filing/0001193125-23-230613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523230613/0001193125-23-230613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523230613/d549807d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:32:23.014878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5ef1d87a14e5316445465fbbb5b27469ae3afa0c","claim":"SMITH & WESSON BRANDS, INC. reported first quarter fiscal 2024, ended July 31, 2023 results: revenue Net sales were $114.2 million, net income GAAP net income was $3.1 million, or $0.07 per diluted share, EPS $0.07 per diluted share.","evidence_excerpt":"Smith & Wesson Brands, Inc. Reports First Quarter Fiscal 2024 Financial Results - Q1 Net Sales of $114.2 Million - Q1 Gross Margin of 26.6%; Non-GAAP Gross Margin of 27.4% - Q1 EPS of $0.07/Share; Q1 Adjusted EPS of $0.13/Share - Q1 Adjusted EBITDAS Margin of 15.3% SPRINGFIELD, Mass., September 7, 2023 – Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI) , a U.S.-based leader in firearm manufacturing and design, today announced financial results for the first quarter fiscal year 2024, ended July 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523230613/0001193125-23-230613-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter fiscal 2024, ended July 31, 2023"},{"label":"Revenue","value":"Net sales were $114.2 million"},{"label":"Net income","value":"GAAP net income was $3.1 million, or $0.07 per diluted share"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}