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

Issuer:     SMITH & WESSON BRANDS, INC. (SWBI)
CIK:        0001092796
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001193125-25-196031
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith & Wesson Q1 net loss $0.08/share; sales down 3.7% YoY; Q2 guidance below prior year
--------------------------------------------------------------------------------

- Net sales $85.1M, down 3.7% YoY; GAAP net loss $3.4M ($0.08/diluted share) vs loss of $1.9M ($0.04) last year.
- Non-GAAP net loss $0.08/share; Adjusted EBITDAS $8.0M (9.5% of sales) vs $10.2M (11.8%) last year.
- Q2 fiscal 2026 sales expected to grow sequentially but be 3-5% below Q2 FY2025.
- Board declares $0.13 per share quarterly dividend; payable Oct 2, 2025 to holders of record Sep 18, 2025.
- Distributor inventory down over 10% QoQ and over 13% YoY; new products 37.3% of Q1 sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092796/000119312525196031/0001193125-25-196031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092796/000119312525196031/d24388d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-196031

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