---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-048413"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2025-03-06T23:59:59+00:00"
generated_at: "2026-05-25T04:51:16.270829+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson Q3 net sales down 15.7% to $115.9M; EPS falls to $0.04 from $0.17

## Summary
- Q3 net sales $115.9M, down 15.7% YoY; GAAP diluted EPS $0.04 vs $0.17; adjusted EPS $0.02 vs $0.19.
- Gross margin 24.1% (down from 28.7%); Non-GAAP gross margin 25.1%; adjusted EBITDAS $13.3M (11.5% of sales).
- New products introduced within past year accounted for 41% of sales; core product demand lower.
- Full-year fiscal 2025 revenue expected 5-10% lower than fiscal 2024, consistent with prior guidance.
- Board declared $0.13/quarter dividend, payable April 3, 2025 to holders of record March 20, 2025.

## SEC filing metadata
- accession: 0001193125-25-048413
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2025-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312525048413/0001193125-25-048413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312525048413/d894656d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-048413
- JSON: https://secwatch.observer/filing/0001193125-25-048413.json
- Plain text: https://secwatch.observer/filing/0001193125-25-048413.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.