{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-290695","form_type":"8-K","ticker":"SWBI","cik":"0001092796","company_name":"SMITH & WESSON BRANDS, INC.","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.196379+00:00","generated_at":"2026-06-07T16:00:24.976335+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Smith & Wesson Q2 revenue up 3.2% to $125M; GAAP EPS falls to $0.05; declares $0.12 dividend","bullets":["Net sales $125.0M (+3.2% YoY); GAAP net income $2.5M ($0.05 diluted EPS vs $0.21 YoY).","Non-GAAP net income $6.5M ($0.14 adjusted EPS vs $0.26 YoY); Adjusted EBITDAS $19.3M (15.5% margin).","Gross margin 25.4% vs 32.4% YoY; CFO cites temporary fixed-cost and inventory reserve headwinds.","Board declares $0.12 quarterly dividend, payable Jan 4, 2024 to holders of record Dec 21, 2023.","Repurchased 646K shares for $8.2M under $50M authorization."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-290695","json":"https://secwatch.observer/filing/0001193125-23-290695.json","markdown":"https://secwatch.observer/filing/0001193125-23-290695.md","text":"https://secwatch.observer/filing/0001193125-23-290695.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/0001193125-23-290695-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/d90327d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:00:24.976335+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":"7f31bd866a294d139493dbef80e97d9e7c9dae4d","claim":"SMITH & WESSON BRANDS, INC. reported second quarter of fiscal 2024, ended October 31, 2023 results: revenue $125.0 million, net income $2.5 million, or $0.05 per diluted share, EPS $0.05/Share.","evidence_excerpt":"Smith & Wesson Brands, Inc. Reports Second Quarter Fiscal 2024 Financial Results • Q2 Net Sales of $125.0 Million • Q2 Gross Margin of 25.4%; Non-GAAP Gross Margin of 28.3% • Q2 EPS of $0.05/Share; Q2 Adjusted EPS of $0.14/Share • Q2 Adjusted EBITDAS Margin of 15.5%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/0001193125-23-290695-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal 2024, ended October 31, 2023"},{"label":"Revenue","value":"$125.0 million"},{"label":"Net income","value":"$2.5 million, or $0.05 per diluted share"},{"label":"EPS","value":"$0.05/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"}