secwatch.observer — SEC 8-K summary
======================================

Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001193125-24-271518
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith & Wesson Q2 sales $129.7M (+3.8% YoY) but misses expectations; guides Q3 down 10-15% YoY
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312524271518/0001193125-24-271518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312524271518/d915227d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-271518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer