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Smith & Wesson Holding Corporation (SWHC)

- NASDAQ
  • Sep. 5, 2013, 4:12 PM
    • Smith & Wesson (SWHC): FQ1 EPS of $0.40beats by $0.04.
    • Revenue of $171.0M (+25.8% Y/Y) beats by $5.98M. Shares -4.18% AH. (PR)
    | 8 Comments
  • Sep. 5, 2013, 12:44 PM
    • Sales for gun and ammunition companies is forecast to rise 20% to $14.7B this year, according to research firm IBISWorld.
    • Earlier today, a major deal in the industry was fired off when Alliant Techsystems paid $985M to buy Bushnell.
    • Related stocks: RGR, SWHC, CAB.
    | 3 Comments
  • Sep. 5, 2013, 12:10 AM
  • Sep. 4, 2013, 5:35 PM
  • Aug. 5, 2013, 5:31 PM
    | 5 Comments
  • Jul. 10, 2013, 6:43 PM
    Smith & Wesson (SWHC) increases the price of its previously announced tender offer from $10.00 per share to $11.00 per share. On June 13, its Board of Directors approved the repurchase of up to $100M of outstanding stock, including the cash repurchase of up to $75M of common stock by way of a fixed-price issuer tender offer. Shares +1.7% AH.
    | 6 Comments
  • Jul. 10, 2013, 3:51 PM
    Smith & Wesson (SWHC +0.8%) gets whipsawed on heavy volume in afternoon trading on reports of a $230M contract win from the U.S. Army that appears to be erroneous. An SWHC company spokesperson says that the contract award was for Smith & Wesson Security Solutions, which is a separate, stand-alone company.
    | Comment!
  • Jul. 2, 2013, 1:42 PM
    June FBI NICS checks rise 3% Y/Y, according to KeyBanc, marking a meaningful deceleration "from the 15.9% increase in May, 27.2% increase in April and 26.3% increase in March." This doesn't bode well for shares of Sturm Ruger (RGR -0.6%), Smith & Wesson (SWHC +0.1%), and Cabela's (CAB +0.7%) according to analyst Scott W. Hamann who says "sustained retail increases during 2H13 [will be] difficult to achieve against channel restocking and political rhetoric/pressure."
    | 4 Comments
  • Jun. 25, 2013, 4:35 PM
    More on Smith & Wesson (SWHC): FQ4 beats across the board as total sales jumped 37.6% Y/Y. Demand was high across virtually all product lines, constraining production capacity which resulted in additional growth in its order backlog. For FQ1, the company expects net sales to be between $162M and $167M, which would represent year-over-year growth of approximately 21% at the midpoint. Analysts are expecting $141M in net sales.
    | 4 Comments
  • Jun. 25, 2013, 4:07 PM
    Smith & Wesson (SWHC): FQ4 EPS of $0.44 beats by $0.01. Revenue of $178.8M (+37.6% Y/Y) beats by $8.08M. Shares +0.2% AH. (PR)
    | Comment!
  • Jun. 25, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: APOL, AVAV, SWHC
    | Comment!
  • Jun. 24, 2013, 5:35 PM
    Notable earnings after Tuesday’s close: APOL, AVAV, SWHC
    | Comment!
  • Jun. 14, 2013, 9:19 AM
    Premarket gainers: RH +13%. PXLW +11%. GRPN +8%. SCTY +8%. SYRG +6%. INVN +6%. ACAD +6%. SWHC +5%.
    Losers: CEMP -14%. AMSC -9%. HIMX -7%. CLSN -5%.
    | Comment!
  • Jun. 13, 2013, 5:31 PM
    After-hours top gainers, as of 5:15 p.m.: RH +11%. SWHC +6%. PXLW +5%. OCN +4%. AVNR +3%.
    After-hours top losers: GCI -5%. LPX -3%. BEE -3%. ELN -2%. MTG -2%.
    | Comment!
  • Jun. 13, 2013, 4:51 PM
    More on Smith & Wesson: The gunmaker also says it expects to report FQ4 (April quarter) revenue of $179M and EPS of $0.44, above a consensus of $170.7M and 40.40. Full results arrive on June 25. SWHC +6.6% AH. (PR)
    | Comment!
  • Jun. 13, 2013, 4:44 PM
    Smith & Wesson (SWHC) +5.8% AH to $9.84 after announcing a $100M buyback, of which $75M will happen through a $10/share tender offer. At $10, a $100M buyback would be good for repurchasing 16% of outstanding shares. The program replaces the $15M remaining on a $35M buyback announced in December. SWHC is also announcing a debt refinancing - $75M worth of 5.875% notes due 2017 will be issued, and  9.5% notes due 2016 and carrying a principal value of $42.8M will be redeemed. The company expects net proceeds of $25M from the two debt deals.
    | 2 Comments
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Company Description
Smith & Wesson Holding Corp manufactures firearms. It manufactures handguns, modern sporting rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories.