secwatch.observer — SEC 8-K summary
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Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001193125-23-290695
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/0001193125-23-290695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312523290695/d90327d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-290695

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