SWBI Stock Recent News

Smith & Wesson has outperformed the S&P 500 and is expected to return a large portion of free cash flow to shareholders. Q3 results showed margin improvement and the potential for further improvements in the coming quarters. The company's normalized FCF is expected to benefit shareholders, allowing for potential dividend increases and buybacks.

Maryville, Tennessee--(Newsfile Corp. - February 22, 2024) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its third quarter fiscal 2024 financial results on Thursday, March 7, 2024, after the close of the market. The full text of the press release will be available on the Smith & Wesson Brands, Inc. web site at www.smith-wesson.com under the Investor Relations section.

Smith & Wesson Brands (NASDAQ: SWBI ) just reported results for the second quarter of 2024. Smith & Wesson Brands reported earnings per share of 14 cents.

2Smith & Wesson Brands, Inc. (NASDAQ:SWBI ) Q2 2024 Earnings Conference Call December 7, 2023 5:00 PM ET Company Participants Kevin Maxwell - General Counsel Mark Smith - President and Chief Executive Officer Deana McPherson - Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Capital Ryan Sigdahl - Craig-Hallum Capital Group Operator Good day, everyone, and welcome to Smith & Wesson Brands, Inc. Second Quarter Fiscal 2024 Financial Results Conference Call. This call is being recorded.

Dan Loesch discusses how activist nuns are suing gun maker Smith & Wesson on ‘The Bottom Line.'

A coalition of Catholic Nuns has filed a lawsuit against Smith & Wesson alleged wrongdoing by the gunmaker related to the marketing and sale of AR-15-style assault weapons. The stockholder derivative lawsuit filed in Nevada which names officers and directors of the company alleges the defendants breached their fiduciary duty to the company and its stockholders by knowingly and intentionally violating federal, state, and local laws, as a result exposing the company to significant liability.

If successful, the lawsuit would hold the company's directors liable for any costs associated with the allegedly illegal marketing of assault rifles and any damages would be paid to Smith & Wesson, not the plaintiffs.

Maryville, Tennessee--(Newsfile Corp. - November 21, 2023) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its second quarter fiscal 2024 financial results on Thursday, December 7, 2023, after the close of the market. The full text of the press release will be available on the Smith & Wesson Brands, Inc. web site at www.smith-wesson.com under the Investor Relations section.

From a long-term perspective and even under a conservative set of assumptions SWBI should prove a profitable investment. But the latest downturn in firearm background checks with still elevated inventory levels increases the possibility of disappointments for the next two quarters. With those short-term headwinds and the stock trading near 52 weeks high there should be some better entry points in a couple of months.

The stock market is testing the mettle of investors. Over the past three years, wild swings on Wall Street have ruled the day.