Brief: Smith & Wesson Q1 Sales USD 85.1 Million

Smith & Wesson Brands

04/09/2025 21:06

Overview

Smith & Wesson fiscal Q1 sales fall 3.7% but beat analyst expectations

Gross margin declines to 25.9% from 27.4% year-over-year

Company reports GAAP net loss of $0.08/share, wider than last year

Outlook

Company anticipates Q2 sales 3-5% below Q2 fiscal 2025

Result Drivers

NEW PRODUCTS - New products accounted for 37.3% of sales, demonstrating the company's focus on innovation

INVENTORY DECLINE - Distributor inventory declined over 10% from the prior quarter, indicating positive retail sell-through

MARKET PRESENCE - Strong market share across all firearm categories contributed to better-than-expected results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$85.10 mln
$79.20 mln (3 Analysts)
Q1 Gross Margin
25.9%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Smith & Wesson Brands Inc is $11.00, about 27.1% above its September 3 closing price of $8.02

Press Release: ID:nNFC7YzsJ4

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)