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SWBI Smith & Wesson Brands News Story

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Smith & Wesson shares sink after Q4 rev, EPS drop

** Shares of firearms maker Smith & Wesson Brands SWBO.O down 13% in after the bell trading following its fiscal Q4 financial report

** Co reported net sales of $140.8 mln, down 11.6% from year-ago quarter while adj EPS of $0.20 fell from $0.48 in Q4 year-ago

** CEO Mark Smith said in statement that Q4 was more difficult than anticipated "largely due to macro-economic and industry trends"

** Consumers "generally being cautious due to macro-economic factors pressuring discretionary spending," he said

** Stock last traded at $9.46 after ending regular session up 3.7% at $10.88. YTD, stock up ~8% based on last close

** Shares in rival Sturm Ruger & Co RGR.N co off 1% in late trade at $37.71

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))

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