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Smith & Wesson Holding Corporation (SWHC)

- NASDAQ
  • 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.
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  • 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)
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  • Jun. 25, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: APOL, AVAV, SWHC
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  • Jun. 24, 2013, 5:35 PM
    Notable earnings after Tuesday’s close: APOL, AVAV, SWHC
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  • 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
  • May. 8, 2013, 1:34 PM
    The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters )
    | 15 Comments
  • Apr. 30, 2013, 9:44 AM
    Shares of Sturm Ruger (RGR +2%) trade higher after the company beat estimates with its Q1 report. The firearms manufacturer plans to increase its capex spending to $30M for the year to help keep up with demand. Peer Smith & Wesson (SWHC) +1.1% in sympathy.
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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.