Smith & Wesson Brands, Inc. (SWBI)
NASDAQ:SWBI
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Earnings Data
Report Date
Sep 03, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was largely positive: the company reported strong top-line growth (+17.1%), improved profitability (EBITDAS +~21%, adjusted EPS up materially), robust handgun unit growth (+28%) and meaningful cash generation turnaround (operating cash flow of $20.5M vs a use of $9.8M prior-year). Management highlighted successful new-product adoption, ASP expansion, debt paydown and a constructive near-term outlook (Q4 sales guide +10–12%). Offsetting items include significant weakness in long guns (shipments -25%, ASP -11%), a tariff-related 160 bps drag on gross margin, rising operating expenses, a modest cash balance ($23.5M) versus remaining borrowings, and some channel inventory unit variability. On balance, the positive operational and financial momentum, guidance, and balance-sheet improvement outweigh the listed challenges.Company Guidance
Revenue Growth
Net sales of $135.7 million, up $19.8 million or 17.1% year-over-year, driven by new handgun products and stronger sell-through.
Improved Profitability and EPS
EBITDAS of $16.8 million, up nearly 21% year-over-year; GAAP EPS of $0.08 vs $0.05 prior year and adjusted (non-GAAP) EPS $0.08 vs $0.03 prior year; net income $3.8 million vs $2.1 million prior year.
Strong Cash Generation and Balance Sheet Progress
Operating cash flow of $20.5 million in the quarter versus cash used of $9.8 million year-ago; internal inventory down to $175 million (down $23 million versus prior Q3); borrowings of $75 million at quarter-end (down from $90 million in Q2) and an additional $20 million repaid subsequent to quarter-end (bringing post-paydown borrowings to $55 million).
Handgun Performance and ASP Strength
Handgun unit shipments into the sporting goods channel up 28% year-over-year; handgun mix down 2.2%; handgun average selling price up 5.2% versus prior year to over $419 (also above Q2 levels). New handgun products represented 44% of handgun shipments. A price increase (~2–3% effective January 1) was implemented and saw no pushback.
Product Innovation, Market Share and Channel Momentum
New products were 44% of handgun shipments and 28% of long gun shipments; management cited continued market share gains, positive SHOT Show feedback, and strong law-enforcement momentum (shipped to nearly 1,000 agencies in the past 18 months) with a healthy institutional pipeline.
Raised Near-Term Outlook
Management expects Q4 sales to be up 10%–12% year-over-year, gross margin to increase several percentage points versus Q3 (and ~1–2 points versus prior-year Q4), continued healthy cash generation, and reaffirmed capital spending guidance of $25–$30 million for the year. Board authorized a $0.13 quarterly dividend.
Gross Margin Expansion Year-over-Year
Reported gross margin of 26.2%, up 210 basis points year-over-year, driven by increased production volume, lower promotion costs and lower federal excise taxes (partially offset by tariffs).
SWBI Earnings History
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
SWBI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 17, 2026 | $13.73 | $16.08 | +17.12% |
Mar 05, 2026 | $11.68 | $13.86 | +18.66% |
Dec 04, 2025 | $8.72 | $10.72 | +23.01% |
Sep 04, 2025 | $7.92 | $8.43 | +6.46% |
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.
FAQ
When does Smith & Wesson Brands, Inc. (SWBI) report earnings?
Smith & Wesson Brands, Inc. (SWBI) is schdueled to report earning on Sep 03, 2026, After Close (Confirmed).
What is Smith & Wesson Brands, Inc. (SWBI) earnings time?
Smith & Wesson Brands, Inc. (SWBI) earnings time is at Sep 03, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWBI EPS forecast?
SWBI EPS forecast for the fiscal quarter 2027 (Q1) is -0.06.