secwatch.observer — SEC 8-K summary
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Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0001193125-24-214184
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith & Wesson Q1 FY2025 net loss $0.05/share; sales down 22.7% to $88.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312524214184/0001193125-24-214184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312524214184/d889907d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-214184

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