Nov. 26, 2014, 9:12 AM
- Smith & Wesson (NASDAQ:SWHC) agrees to acquire hunting and shooting accessories provider Battenfeld Technologies for $130M.
- SWHC expects the deal to be accretive to gross margins, EPS and cash generated in FY 2016, which begins May 1, 2015.
- Battenfeld develops and sells shooting, reloading, gunsmithing and gun cleaning supplies.
Sep. 14, 2011, 5:16 PMSmith & Wesson (SWHC) closed up 6.4% after the gun manufacturer raised FY12 guidance yesterday afternoon, less than a week after lowering it. Shares may have also been lifted by a note from Anondale Partners' Bret Jordan, who claims the amending of change-of-control contracts for executives demonstrate the company is positioned for a takeover. | 1 Comment
SWHC vs. ETF Alternatives
Smith & Wesson Holding Corp manufactures firearms. It manufactures handguns, modern sporting rifles, hunting rifles, black powder firearms, handcuffs, and firearm-related products and accessories.
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