Smiths(US:SMGZY) Jing Ji Guan Cha Wang·2026-02-12 16:48Core Insights - Smith & Wesson's Q1 2026 financial results show a decline in both revenue and net profit, with management expecting continued sales pressure in Q2 but significant growth in handgun shipments [1][2] Financial Performance - For Q1 2026 (ending October 31, 2025), Smith & Wesson reported revenue of $124.7 million, a year-over-year decrease of 3.86% - Net profit was $1.92 million, down 53.63% compared to the previous year - Management anticipates a 3% to 5% decline in sales for Q2, while highlighting a 35% year-over-year increase in handgun shipments - Operating expenses may rise by 20%, partly due to profit sharing and promotional activities [2] Recent Developments - On February 10, 2026, Smith & Wesson launched the new M&P22Magnum semi-automatic handgun, featuring a 30-round capacity and priced at $649 - The product utilizes the TEMPO barrel system to enhance competitiveness in the .22WMR caliber market - The suppressor market may see increased demand due to new laws effective January 2026, with early promotional activities showing positive responses [3] Stock Performance - Over the past 7 days (February 5 to 12, 2026), Smith & Wesson's stock price fluctuated by 1.12%, reaching a high of $11.94 on February 11 - As of February 12, the latest stock price was $11.76, with a 5-day change of 1.67% and a 20-day change of 8.21% - Trading volume and volatility significantly increased on the day following the earnings call (February 11), with a turnover rate of 1.06% [4]