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SWBI — Smith & Wesson Brands News Story

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Smith & Wesson surges on upbeat Q1 results

BUZZ-Smith & Wesson surges on upbeat Q1 results

** Shares of gunmaker Smith & Wesson SWBI.O rise 3.9% to $12.8

** SWBI reports Q1 adjusted EPS of 6 cents compared to a loss of 8 cents per share the previous year

** Posts Q1 net sales of $112.6 mln, up 32.3% YoY

** The company cites continued solid demand in both consumer and professional channels among reasons for upbeat results

** Including session's move, the stock is up 29.4% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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