---
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"
generated_at: "2026-06-07T16:00:24.976335+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson Q2 revenue up 3.2% to $125M; GAAP EPS falls to $0.05; declares $0.12 dividend

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-290695
- JSON: https://secwatch.observer/filing/0001193125-23-290695.json
- Plain text: https://secwatch.observer/filing/0001193125-23-290695.txt

## Key facts
- Earnings Releases
  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.
  - Period: second quarter of fiscal 2024, ended October 31, 2023
  - Revenue: $125.0 million
  - Net income: $2.5 million, or $0.05 per diluted share
  - EPS: $0.05/Share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/0001193125-23-290695-index.htm

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