Smith & Wesson Q4 sales rise on higher handgun shipments
Smith & Wesson Q4 sales rise on higher handgun shipments
Overview
U.S. firearm maker's fiscal Q4 net sales rose 27% year-over-year
Adjusted EPS for fiscal Q4 was $0.36, up from $0.20 a year ago
Quarterly growth driven by higher handgun shipments and strong sporting goods channel demand
Outlook
Company expects firearm industry demand in fiscal 2027 to be healthy and slightly higher than in fiscal 2026
Result Drivers
HANDGUN SHIPMENTS - Over 80% of units shipped were handguns, driving most of the sales growth, per CFO Deana McPherson
NEW PRODUCTS - New products accounted for 37.5% of Q4 revenue, according to CFO Deana McPherson
SPORTING GOODS CHANNEL - Handgun unit sales into the sporting goods channel increased 23.2% over the prior year, outpacing the 1.1% NICS increase, per CFO Deana McPherson
Company press release: ID:nNFC1xDJ7s
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Sales | Beat | $178.40 mln | $155.27 mln (2 Analysts) |
Q4 Adjusted EPS | Beat | $0.36 | $0.23 (2 Analysts) |
Q4 EPS |
| $0.36 |
|
Q4 Adjusted Net Income |
| $16.20 mln |
|
Q4 Net Income |
| $16.20 mln |
|
Q4 Gross Margin |
| 29.80% |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "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 $14.00, about 0.9% above its June 16 closing price of $13.88
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 29 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)