Smith & Wesson displayed strong new product performance and effective inventory management, but faced significant challenges with overall revenue decline and lower margins. The sentiment is balanced between positive innovation and negative financial outcomes.
Company Guidance
During the Smith & Wesson Brands, Inc. Third Quarter Fiscal 2025 Financial Results Conference Call, the company provided several key metrics and guidance for the upcoming quarters. The top-line revenue for the third quarter was reported at $115.9 million, representing a 15.7% decline from the previous year. Despite this, the company maintained its EPS and EBITDA expectations through lower operating expenses and a flexible manufacturing model. New products accounted for over 41% of sales in the quarter, with the Bodyguard 2.0 driving demand in the handgun category despite a 7.8% decline in handgun ASPs. Long gun ASPs increased by 17.2%, driven by demand for higher-priced lever rifles. Adjusted NICS was down 4.5%, indicating a decrease in consumer firearm demand, yet the company noted a 20% compounded annual growth rate in long gun unit sales over two years. Operating expenses were $23.8 million, reduced by $4.3 million from the prior year, and the company ended the quarter with net income of $1.7 million or $0.04 per share. Smith & Wesson expects full-year revenue to decline by 5-10% compared to fiscal 2024, with the fourth quarter projected to see a 2-5% reduction from the prior year. The company also highlighted a strong balance sheet, plans for additional share repurchases, and a $0.13 quarterly dividend.
Strong New Product Performance
New products introduced within the past year accounted for over 41% of sales in the quarter, indicating successful innovation and strong market reception.
Long Guns ASP Increase
Average Selling Prices (ASP) for long guns increased by 17.2% in Q3, driven by strong demand for higher-priced lever rifles.
Inventory Management Success
Channel inventory at distributors is very clean, currently at under nine weeks, ensuring a balanced supply chain.
Capital Return to Shareholders
Smith & Wesson returned more than $49 million to shareholders via stock repurchases and dividends over the past twelve months.
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Smith & Wesson Brands (SWBI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SWBI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 06, 2025
$10.87
$9.68
-10.95%
Dec 05, 2024
$13.28
$10.58
-20.33%
Sep 05, 2024
$13.70
$12.40
-9.49%
Jun 20, 2024
$15.68
$13.66
-12.88%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Smith & Wesson Brands, Inc. (SWBI) report earnings?
Smith & Wesson Brands, Inc. (SWBI) is schdueled to report earning on Jun 19, 2025, TBA Not Confirmed.
What is Smith & Wesson Brands, Inc. (SWBI) earnings time?
Smith & Wesson Brands, Inc. (SWBI) earnings time is at Jun 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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