earnings
confidence high
sentiment negative
materiality 0.75
Smith & Wesson Q1 FY2025 net loss $0.05/share; sales down 22.7% to $88.3M
SMITH & WESSON BRANDS, INC.
2024-Q1 EPS reported
-$0.05
revenue$88,334,000
- GAAP net loss $2.1M ($0.05/diluted share) vs. prior-year net income of $3.1M ($0.07/share).
- Adjusted net loss $0.02/share; Non-GAAP adjusted EBITDAS $9.9M (11.2% of sales), down from $17.5M.
- Board authorized new $50M share repurchase program; quarterly dividend maintained at $0.13/share.
- Management expects Q2 sales to grow significantly QoQ and full-year revenue up mid-to-high single digits.
- Demand softer than anticipated but rebounding; new Bodyguard 2.0 pistol launch outperforming expectations.