SWBI Stock Recent News

Springfield, Massachusetts--(Newsfile Corp. - August 24, 2023) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its first quarter fiscal 2024 financial results on Thursday, September 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.

Shares of Smith & Wesson Brands NASDAQ: SWBI are advancing by as much as 6.6% in the after-market hours of Thursday evening; the sudden pop in the stock comes amid the company reporting its quarterly earnings results. Despite posting some slowdowns, investors are still looking to Smith & Wesson as one of the stable and reliable cash-flowing businesses that typically command higher valuations during a questionable economic cycle like todays.

Shares of Smith & Wesson Brands Inc. SWBI, -3.93% on Thursday rose after hours after the gun maker reported fiscal fourth-quarter results that topped expectations and said its board approved a 20% dividend hike. The company reported net income of $12.8 million, or 28 cents a share, compared with $36.1 million, or 79 cents a share, in the same quarter last year.

Springfield, Massachusetts--(Newsfile Corp. - June 8, 2023) - Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its fourth quarter and full fiscal 2023 financial results on Thursday, June 22, 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.

In a market dominated by a handful of companies, Smith & Wesson has a strong position. They are very efficient in their use of capital and invest for the long term, which can lead to astonishing returns for shareholders.

I've been writing about players in the firearms industry for a number of years, though mostly focused on one specific firm. Today, I'm going to look at Smith & Wesson. The company is the nation's (USA) largest firearms manufacturer found in Springfield, MA.

Today, we take a look at Smith & Wesson Brands, Inc., an iconic and leading manufacturer of firearms in the United States. After a miserable 2022 for shareholders, Smith & Wesson Brands stock is up some 20% in 2023, as this year should see "trough earnings."

Earnings failed to hit the target.

Smith & Wesson Brands, Inc. (NASDAQ:SWBI ) Q2 2023 Results Conference Call December 6, 2022 5:00 PM ET Company Participants Kevin Maxwell - General Counsel Mark Smith - President & CEO Deana McPherson - CFO Conference Call Participants Mark Smith - Lake Street Rommel Dionisio - Aegis Operator Good day, everyone, and welcome to Smith & Wesson Brands, Inc. Second Quarter Fiscal 2023 Financial Results Conference Call. This call is being recorded.

Smith & Wesson Brands Inc. SWBI, -2.16% stock fell more than 6% in the extended session Tuesday after the firearms manufacturer missed Wall Street expectations for its fiscal second-quarter results, with sales dropping significantly year-on-year on weakened demand. Smith & Wesson earned $9.6 million, or 21 cents a share, in the quarter, compared with $50.9 million, or $1.05 a share, in the year-ago period.