secwatch.observer — SEC 8-K summary
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Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001193125-25-048413
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312525048413/0001193125-25-048413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312525048413/d894656d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-048413

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