Core Insights - Byrna Technologies Inc. has opened its second company-owned retail store in Franklin, Tennessee, aiming to normalize less-lethal solutions as a mainstream personal safety choice and enhance brand recognition in key markets [1][3] Retail Expansion Strategy - The Nashville store builds on the success of the Las Vegas location, which has an annual run rate exceeding $1 million and gross profit margins over 60% [2] - The Nashville store features an in-store shooting range, allowing customers to experience Byrna's less-lethal launchers firsthand, with expected high conversion rates similar to the Las Vegas store's 80% compared to 1% online [2] - Byrna's retail strategy is a phased approach, with four new locations planned for early 2025, including Fort Wayne, Indiana, Scottsdale, Arizona, and Salem, New Hampshire, to refine operations and marketing strategies [3] Community Engagement and Education - Byrna's retail expansion aims to make less-lethal solutions more accessible and mainstream, fostering personal connections with customers through workshops and in-store events [4] - The grand opening of the Nashville store included local officials and law enforcement representatives, emphasizing Byrna's commitment to community engagement as it expands its physical presence across the U.S. [4]

Core Viewpoint - Byrna Technologies Inc. is expected to report strong earnings growth in its fourth-quarter fiscal 2024 results, with a consensus estimate of 5 cents per share compared to a loss of 2 cents in the same quarter last year, and projected revenues of $28 million, reflecting a year-over-year growth of 79% [2][14]. Earnings Estimates - The Zacks Consensus Estimate for earnings has increased by 11.8% over the past 60 days, with one upward revision and no downward revisions during this period [3][4]. - Byrna has a history of earnings surprises, having exceeded the Zacks Consensus Estimate in all four trailing quarters, with an average surprise of 532.5% [6][7]. Earnings Prediction Model - The current Earnings ESP for Byrna is 0.00%, and it holds a Zacks Rank of 2 (Buy), indicating a lesser chance of an earnings beat this time [8][9]. Brand Visibility and Market Demand - Byrna has achieved significant brand visibility through a successful celebrity endorsement program and extensive media coverage, which has positively impacted consumer and law enforcement demand for its products [10][11]. Stock Performance - Byrna's stock price has increased by 235% over the past year, significantly outperforming the broader industry growth of 72% and contrasting with declines in other small-cap service providers [12]. Financial Performance - The company reported a remarkable 194% year-over-year sales growth in the last quarter, with net income improving from a loss of $4.1 million to a profit of $1.0 million, marking a $5.1 million increase [14]. - Byrna's return on equity (ROE) stands at 10.4%, surpassing the industry average of 9.1%, indicating strong profitability and efficient use of equity [15]. Strategic Initiatives - Byrna is expanding its market reach by collaborating with Mexico's Secretaría de Trabajo y Previsión Social to establish a federally certified training program for civilians to carry Byrna devices, and is enhancing its supply chain by shifting ammunition production domestically [16]. - The company is focused on growth investments while remaining debt-free and highly profitable, positioning itself for sustained success through 2025 and beyond [14][16]. Investment Considerations - Byrna is viewed as a compelling growth investment due to its strong brand momentum, expanding market presence, and strategic partnerships, which align with market trends [17][18].

Core Insights - Byrna Technologies Inc. has announced a partnership with the United States Concealed Carry Association (USCCA) to promote its less-lethal personal security solutions to nearly one million USCCA members [1][3] Company Overview - Byrna Technologies specializes in the development, manufacture, and sale of innovative less-lethal personal security solutions, including the Byrna SD personal security device, which is a CO2 powered launcher designed as an alternative to firearms [4] Partnership Details - The collaboration with USCCA will allow Byrna to reach responsible gun owners, a key demographic, and promote its products alongside USCCA's self-defense training and liability insurance offerings [3] - USCCA Chairman Tim Schmidt emphasized Byrna's leadership in the less-lethal market and the importance of showcasing their products as viable self-defense options [3]

Core Viewpoint - Byrna Technologies Inc. will hold a conference call on February 7, 2025, to discuss its financial results for the fiscal fourth quarter and full year ended November 30, 2024 [1] Group 1: Conference Call Details - The conference call is scheduled for February 7, 2025, at 9:00 a.m. Eastern time [2] - Participants can join the call using a toll-free number or an international dial-in number, with a conference ID provided [2] - The call will be broadcast live and available for replay on Byrna's website [3] Group 2: Company Overview - Byrna Technologies specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions [4] - The company produces the Byrna® SD personal security device, which is a handheld CO2 powered launcher designed as a less-lethal alternative to firearms [4]

ANDOVER, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced its participation in the 2025 SHOT Show, hosted by the National Shooting Sports Foundation (NSSF). The event will take place January 21-24, 2025, at The Venetian Expo and Caesars Forum in Las Vegas. Byrna will exhibit its less-leth ...

ANDOVER, Mass., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, is donating 10% of proceeds from all purchases made on Byrna.com through January 21, 2025, to support recovery efforts for victims of the devastating Los Angeles wildfires. The funds will be distributed equally among four trusted organizations pro ...

Have you been paying attention to shares of Byrna Technologies Inc. (BYRN) ? Shares have been on the move with the stock up 55.5% over the past month. The stock hit a new 52-week high of $31.32 in the previous session. Byrna Technologies Inc. has gained 370.4% since the start of the year compared to the 22% move for the Zacks Business Services sector and the 55.3% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surpr ...

An investor who can find a stock that goes up 15% annually has found a remarkable thing. The S&P 500 itself goes up roughly 10% per year, and investors who pick individual stocks want to beat this. While there are market-beaters out there, there are relatively few, so it's a big deal when an investor finds one.Supposing someone invested in a stock that went up 15% per year, it would gain about 300% over the course of a decade. Therefore, a stock that quadruples in value in a single decade is a big deal. But ...

ANDOVER, Mass., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. ("Byrna" or the "Company") (NASDAQ:BYRN), a technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced significant developments in its Latin American strategy. Byrna LATAM, the Company's regional partner, is expanding its manufacturing capacity in Argentina to meet growing demand, with plans to produce 3,000 launchers per month starting in Q1 2025 an ...

Byrna Technologies Inc. (BYRN) has performed extremely well over the past year and has the potential to sustain momentum in the near term. Consequently, you should add the stock to your portfolio if you have not yet taken advantage of the share price appreciation.What Makes BYRN Stock an Attractive Pick?An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the year. Shares of BYRN have surged 351% compared with the wider consulting services industry an ...