Smith & Wesson Q3 Sales Surge 17%, EPS Jumps 60% on Strong Handgun Demand
SWBI sits 61% above its 52-week low of $7.73.
Summary
Smith & Wesson Brands reported robust third-quarter fiscal 2026 financial results, with net sales increasing 17.1% year-over-year to $135.7 million and diluted earnings per share rising to $0.08 from $0.05. Gross margin also improved to 26.2%. Management highlighted exceptional handgun performance, with unit shipments up 28% into the sporting goods channel despite a 2.2% decline in NICS, indicating significant market share gains. The company issued positive guidance, expecting fourth-quarter sales to be up 10-12% over fiscal 2025, and authorized a $0.13 per share quarterly dividend. These strong results and optimistic outlook are likely to reinforce investor confidence and could drive further positive momentum for the stock.
At the time of this announcement, SWBI was trading at $12.45 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $524.6M. The 52-week trading range was $7.73 to $12.15. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: TMX Newsfile.