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SWBI - Smith & Wesson Brands Inc News Story

$21.22 -0.3  -1.3%

Last Trade - 4:05pm

Consumer Cyclicals
Mid Cap
Market Cap £752.8m
Enterprise Value £656.7m
Revenue £804.3m
Position in Universe 2952nd / 7245

BUZZ-Smith & Wesson down after mixed results

Wed 1st September, 2021 9:50pm
** Smith & Wesson Brands  SWBI.O  shares down ~2% in
extended trading after gun maker's mixed fiscal Q1 results
    ** Net sales of $275 mln miss Street view of $278.6 mln, per
Refinitiv data, while non-GAAP EPS of $1.57 surpasses consensus
by 28 cents*:nPn8f2H1ba
    ** Co says increased sales and cost cutting resulted in
record gross margin of 47% in qtr, compared to 40% margin in
yr-ago qtr
    ** SWBI shares on Weds closed up 3.1% at $24.88, extending
YTD gain to 40%
    ** Shares jumped, hit record peak of $39.61 on Jul 1, about
two weeks after blowout Q4 report*:nL1N2Q31QY

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
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