- Smth & Wesson (SWHC) -3.7% AH after beating FQ4 earnings and revenue expectations but issuing downside guidance for FQ1.
- SWHC now sees adjusted FQ1 EPS of $0.21-$0.23 vs. $0.28 analyst consensus estimate, and revenues of $140M-$145M vs. $146.5M consensus.
- For FY 2016 ending April 30, 2016, SWHC forecasts adjusted EPS of $1.02-$1.07 and revenues of $605M-$615M, vs. analyst expectations for EPS of $1.04 and revenues of $601M.
- FQ4 sales in the firearm division totaled $166M, down 2.4% Y/Y; full-year firearm revenues fell 15% Y/Y to $531M, which CFO Jeff Buchanan says reflected a return to a more normal consumer firearm market following the earlier surge, but says inventories fell by $20M during the quarter.
Smith & Wesson -3.7% AH on soft outlook
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Symbol | Last Price | % Chg |
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SWBI | - | - |
Smith & Wesson Brands, Inc. |