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Smith & Wesson Brands Inc - SWBI STOCK NEWS

Welcome to our dedicated news page for Smith & Wesson Brands (Ticker: SWBI), a resource for investors and traders seeking the latest updates and insights on Smith & Wesson Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Smith & Wesson Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Smith & Wesson Brands's position in the market.

Rhea-AI Summary
Smith & Wesson Brands, Inc. (SWBI) reported Q3 net sales of $137.5 million, with a gross margin of 28.7% and EPS of $0.17/share. Non-GAAP gross margin was 29.1% and adjusted EPS was $0.19/share. Adjusted EBITDAS margin was 15.6%. The company's GAAP net income was $7.9 million, a decrease from the previous year. Despite this, Smith & Wesson Brands, Inc. remains optimistic about market share gains and sustained demand for their products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
29.39%
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Rhea-AI Summary
Smith & Wesson Brands, Inc. (SWBI) announced the release of its third quarter fiscal 2024 financial results on March 7, 2024. The company will host a conference call to discuss the results, led by key executives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
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Rhea-AI Summary
Smith & Wesson Brands, a U.S.-based leader in firearm manufacturing and design, announced Q2 net sales of $125.0 million, a 3.2% increase from the previous year. The Q2 gross margin was 25.4%, and the non-GAAP gross margin was 28.3%. Q2 EPS was $0.05/share, and adjusted EPS was $0.14/share. Adjusted EBITDAS margin was 15.5%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.08%
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Rhea-AI Summary
Newman Ferrara LLP files stockholder derivative lawsuit against Smith & Wesson Brands Inc. (SWBI) for marketing AR-15-style assault weapons, alleging breach of fiduciary duty and significant liability exposure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
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Rhea-AI Summary
Smith & Wesson Brands, Inc. (SWBI) plans to release its second quarter fiscal 2024 financial results on December 7, 2023. The company will host a conference call to discuss the results, featuring Mark Smith, President and CEO, and Deana McPherson, EVP and CFO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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Rhea-AI Summary
Smith & Wesson announces $50 million stock repurchase program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
buyback management
Rhea-AI Summary
Smith & Wesson Brands, Inc. announces Q1 financial results with net sales of $114.2 million, a 35.4% increase YoY. Gross margin decreases to 26.6% from 37.3% YoY. GAAP net income remains steady at $3.1 million, while non-GAAP net income increases to $6.1 million. Adjusted EBITDAS margin decreases to 15.3% from 18.5% YoY. Company anticipates strong results with healthy channel inventories and consumer demand for its products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.85%
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Rhea-AI Summary
Smith & Wesson to release Q1 fiscal 2024 financial results on Sept. 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
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Rhea-AI Summary
Smith & Wesson Brands Inc. (NASDAQ: SWBI) announces Q4 net sales of $144.8 million, a decrease of 20.1% compared to last year. Gross margin was 29.0%, down from 39.8% in the same quarter last year. Q4 EPS was $0.28/share, adjusted EPS was $0.32/share. Board of Directors authorized a 20% increase in quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.2%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
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Smith & Wesson Brands Inc

Nasdaq:SWBI

SWBI Rankings

SWBI Stock Data

762.41M
42.28M
1.7%
60.84%
2.53%
Small Arms, Ordnance, and Ordnance Accessories Manufacturing
Manufacturing
Link
US
Springfield

About SWBI

founded in 1852, smith & wesson is one of the most legendary brands in the world, and is a u.s. based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms and related products to the global military, law enforcement, and consumer markets. much of the company’s history, as well as the brand are known for revolvers. in recent years, smith & wesson has shifted its focus to the production of polymer pistols and we are known for the m&p shield, arguably the most popular full-size polymer pistol in the market today. the family of brands includes smith & wesson®, m&p®, and thompson/center arms™. headquartered in springfield, ma, the quality of life, excellent schools, and diversity of residential options in or around springfield provide a historic, picturesque, and well-located place to call home. springfield is the home of the springfield amory, the naismith memorial basketball hall of fame, and a host of other historic attractions. smith & wesson al