earnings
confidence high
sentiment negative
materiality 0.75
Smith & Wesson Q2 sales $129.7M (+3.8% YoY) but misses expectations; guides Q3 down 10-15% YoY
SMITH & WESSON BRANDS, INC.
2024-Q2 EPS reported
$0.04
revenue$218,013,000
- Net sales $129.7M, +3.8% YoY; GAAP EPS $0.09, adjusted EPS $0.11.
- Gross margin 26.6% (non-GAAP 27.1%); adjusted EBITDAS margin 14.3%.
- Q3 fiscal 2025 revenue expected down 10-15% vs fiscal 2024; demand softened due to inflation.
- Board authorized new $50M share repurchase; new $175M unsecured credit line expiring Oct 2029.
- Quarterly dividend $0.13/share payable Jan 2, 2025 to holders of record Dec 19, 2024.