Smith & Wesson Holding CorporationNASDAQ
Fri, Dec. 2, 12:42 PM
Fri, Dec. 2, 9:12 AM
Fri, Dec. 2, 8:15 AM
- Smith & Wesson (NASDAQ:SWHC) trades lower despite beating FQ2 earnings estimates.
- Investors may be reacting to the company's Q3 guidance which came in under expectations (revenue $230M-$240M vs. $238M consensus, EPS $0.52-$0.57 vs. $0.59).
- Smith & Wesson CEO James Debney said on the firm's conference call that demand was strong on Black Friday and that he sees a "good environment" in retail.
- SWHC earnings call transcript
- Previously: Smith & Wesson Holding beats by $0.12, beats on revenue (Dec. 1)
- SWHC -6.17% premarket to $22.50.
Thu, Dec. 1, 5:37 PM
Thu, Dec. 1, 4:10 PM
Wed, Nov. 30, 5:35 PM
Tue, Nov. 29, 5:28 AM
- The FBI said a record-setting number of gun background checks were processed this Black Friday, a possible indicator of higher firearm sales.
- The National Instant Criminal Background Check System processed 185,713 transactions, giving the gun industry a much-needed boost.
- After a run-up in sales the week before the election, major gun manufacturers saw their stocks dive by double-digits.
- Related tickers: SWHC, RGR, CAB, SPWH, VSTO, OLN
Mon, Nov. 21, 8:08 AM
- Smith & Wesson Holding Corporation (NASDAQ:SWHC) announced that it completed the acquisition of most of the assets of Ultimate Survival Technologies through its Battenfield Technologies subsidiary.
- The company picks up UST Brands in the transaction. UST Brands is a well-known provider of survival and camping equipment.
- Source: Press Release
Wed, Nov. 9, 6:54 AM
- Voters in California approved gun control measures, including regulations on ammunition and seizure from owners not allowed to own guns.
- In early reaction to the U.S. election, shares of Sturm Ruger (NYSE:RGR) are up 5.60% premarket to $68.00 and Smith & Wesson (NASDAQ:SWHC) is up 5.9% to $30.13. It could be a very volatile day for the two stocks as investors gauge the short-term and long-term implications on demand.
Tue, Nov. 8, 8:23 PM| Tue, Nov. 8, 8:23 PM
Mon, Nov. 7, 6:35 PM
- Smith & Wesson Holding Corp. (SWHC +2.2%) is looking for a big change: To excise the names of its 19th-century founders from its own name, long linked with firearms in America.
- The board has already approved a name change to American Outdoor Brands Corp., in an effort to reflect a strategic focus on "the growing markets for shooting, hunting, and rugged outdoor enthusiasts." Now the move goes to stockholders for approval.
- The company has set a meeting for Dec. 13 at 11 a.m. ET to consider the change.
- If approved, the change would be effective around the start of the new year, and American Outdoor Brands will act as holding company for the Smith & Wesson, Battenfeld Technologies, and Crimson Trace businesses, covering firearms, manufacturing services, accessories, and electro-optics.
- The company expects to adopt the symbol AOBC on Nasdaq if the change gets an OK from shareholders.
- Previously: Rally for Smith & Wesson as election approaches (Nov. 07 2016)
Mon, Nov. 7, 11:12 AM| Mon, Nov. 7, 11:12 AM | 14 Comments
Fri, Nov. 4, 8:11 AM| Fri, Nov. 4, 8:11 AM | 9 Comments
Mon, Oct. 31, 9:16 AM
- Smith & Wesson (NASDAQ:SWHC) +2% premarket after its lenders expanded the company's existing revolving line of credit to $350M from $175M, and raised SWHC's option to further expand its credit commitment to $150M from $50M.
- The amendments provide the company with an increase in overall credit availability to $500M from $225M. The credit facility remains unsecured.
Fri, Sep. 23, 6:49 PM
- Smith & Wesson (SWHC -0.2%) is off 3.5% after hours after its bid to replace the Army's standard sidearm, a Beretta M9, was rejected by the service.
- "We and our partner" -- General Dynamics (GD -0.7%) -- "in the pursuit of the U.S. Army’s Modular Handgun System, or MHS, solicitation to replace the M9 standard Army sidearm have been notified by the Department of the Army that our proposal was not selected to advance to the next phase of the competition," the company says in an SEC filing.
- That program hasn't been included in Smith & Wesson's guidance, it said.
Fri, Sep. 23, 5:35 PM