The earnings call highlighted the successful launch of new products like the Bodyguard 2.0, strong financial management, and shareholder returns through repurchases and dividends. However, these positives were tempered by decreased long gun shipments, a decline in average selling prices, and softer demand due to inflation, leading to reduced revenue expectations.
Company Guidance
During the Smith & Wesson Q2 2025 earnings call, guidance highlighted several key metrics reflecting the company's current performance and expectations. The company reported net sales of $129.7 million, a 3.8% increase from the previous year, primarily driven by new products like the Bodyguard 380 pistol and lever-action rifle. However, they noted a decline in average selling prices (ASP), with handgun ASPs down 11% and long gun ASPs up 11%. The adjusted NICS data indicated a 1.1% rise in firearm demand for the quarter, though there was a 5% decline in October. Looking ahead, Smith & Wesson anticipates full-year revenue to decrease by 5% to 10% compared to fiscal 2024, with Q3 expected to see a 10% to 15% drop in revenue year-over-year. This projection is influenced by softer demand trends and increased promotional activities impacting margins. Operating expenses for Q3 are projected to rise by 5% to 10% compared to the same quarter last year, driven by investments in R&D and marketing. The company also planned to maintain stable channel inventory levels while navigating the competitive landscape with strategic promotions and innovation initiatives.
New Product Success
The Bodyguard 2.0, launched in July, quickly became one of the most sought-after concealed carry pistols, contributing significantly to handgun shipments increasing by 19.2%.
Share Repurchase and Dividend
Repurchased 1.6 million shares since the fiscal year began, with 754,000 repurchased in Q2, and paid $5.8 million in dividends.
Strong Balance Sheet and Financial Position
Signed a new $175 million line of credit and ended the quarter with $39.1 million in cash, showcasing financial resilience.
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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
Dec 05, 2024
$13.46
$10.73
-20.28%
Sep 05, 2024
$13.88
$12.57
-9.44%
Jun 20, 2024
$15.89
$13.85
-12.84%
Mar 07, 2024
$12.94
$16.74
+29.37%
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 Mar 06, 2025, TBA Not Confirmed.
What is Smith & Wesson Brands, Inc. (SWBI) earnings time?
Smith & Wesson Brands, Inc. (SWBI) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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