Smith & Wesson Brands, Inc. (SWBI) CEO Mark Smith on Q2 2022 Results - Earnings Call Transcript

Smith & Wesson Brands, Inc. (NASDAQ:SWBI) Q2 2022 Earnings Conference Call December 2, 2021 5:00 PM ET

Company Participants

Kevin Maxwell - General Counsel
Mark Smith - President and Chief Executive Officer
Deana McPherson - Chief Financial Officer

Conference Call Participants

Ryan Meyers - Lake Street Capital
Cai von Rumohr - Cowen
Rommel Dionisio - Aegis Capital
Scott Stember - CL King

Operator

Good day, everyone and welcome to Smith & Wesson Brands, Inc. Second Quarter Fiscal 2022 Financial Results Conference Call. This call is being recorded. At this time, I would like to turn the call over to Kevin Maxwell, General Counsel, who will give us some information about today’s call.

Kevin Maxwell

Thank you and good afternoon. Our comments today may contain forward-looking statements. Our use of the words anticipate, project, estimate, expect, intend, believe and other similar expressions are intended to identify forward-looking statements. Forward-looking statements may also include statements regarding topics such as our product development, objectives, strategies, market share, demand, consumer preference for our products, inventory conditions related to our products, growth opportunities and trends, and industry conditions in general.

Forward-looking statements represent our current judgment about the future and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied by our statements today. These risks and uncertainties are described in our SEC filings, which are available on our website, along with a replay of today’s call. We have no obligation to update forward-looking statements.

I have a few important items to note. First, we reference certain non-GAAP financial results. Our non-GAAP financial results exclude costs related to the planned relocation of our headquarters and certain manufacturing and distribution operations to Tennessee. The spin-off of the outdoor products and accessories business in fiscal 2021, COVID-19 related expenses and other costs. Reconciliations