Maryville, Tennessee--(Newsfile Corp. - November 20, 2025) -  Smith & Wesson Brands, Inc. (NASDAQ: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced it plans to release its second quarter fiscal 2026 financial results on Thursday, December 4, 2025, after the close of the market. The full text of the press release will be available on the Smith & Wesson Brands, Inc. web site at www.smith-wesson.com under the Investor Relations section.The company will host a conference call and ...

Financial Performance - Q1 net sales were $85.1 million, a decrease of $3.3 million or 3.7% from the same quarter last year [6] - Q1 gross margin was 25.9%, down from 27.4% in the comparable quarter last year [6] - The company reported a net loss of $3.4 million, or $0.08 per diluted share, compared to a net loss of $1.9 million, or $0.04 per diluted share, for the same quarter last year [6][12] Product Demand and Strategy - The first quarter results exceeded expectations, driven by strong demand for new products, which accounted for 37.3% of sales [3] - The company plans to continue investing in innovation to maintain its leadership position in the firearms market [3] Inventory and Sales Outlook - Distributor inventory declined by over 10% from the end of the previous quarter, indicating positive sell-through at retail [3] - The company expects significant sales growth in the second fiscal quarter compared to the first quarter, projecting sales to be approximately 3-5% below the second quarter of fiscal 2025 [3] Dividend Announcement - The board of directors has authorized a quarterly dividend of $0.13 per share, payable to stockholders of record on September 18, 2025 [3] Non-GAAP Financial Measures - Non-GAAP adjusted EBITDAS for Q1 was $8.0 million, or 9.5% of net sales, compared to $10.2 million, or 11.8% of net sales, for the same quarter last year [6][19] - Non-GAAP net loss was $3.4 million, or $0.08 per diluted share, compared to $881 thousand, or $0.02 per diluted share, for the comparable quarter last year [6][16]

Financial Performance - Q4 net sales were $140.8 million, a decrease of $18.4 million, or 11.6%, from the comparable quarter last year [5] - Q4 gross margin was 28.8%, compared to 35.5% in the comparable quarter last year [5] - Q4 GAAP net income was $8.6 million, or $0.19 per diluted share, compared to $27.3 million, or $0.59 per diluted share, for the comparable quarter last year [5] - Non-GAAP net income for Q4 was $9.0 million, or $0.20 per diluted share, compared to $22.1 million, or $0.48 per diluted share, for the comparable quarter last year [5] - Full year net sales were $474.7 million, a decrease of $61.2 million, or 11.4%, from the prior fiscal year [5] - Full year gross margin was 26.8%, compared to 29.5% in the prior fiscal year [5] - Full year GAAP net income was $13.4 million, or $0.30 per diluted share, compared to $41.4 million, or $0.89 per diluted share, for the prior fiscal year [5] Management Commentary - The President and CEO noted that the fourth quarter was more difficult than anticipated due to macro-economic and industry trends, with lower sales and production volumes pressuring margins [4] - The Executive Vice President and CFO indicated that persistent inflation, high interest rates, and tariff concerns negatively impacted firearm market conditions [4] Market Outlook - The company expects demand for firearms in fiscal 2026 to be similar to fiscal 2025, subject to economic headwinds such as inflation and tariff-related cost increases [4] - The overall firearms market is seeing consumers being cautious due to macro-economic factors affecting discretionary spending [4] Dividend Announcement - The board of directors has authorized a quarterly dividend of $0.13 per share, payable to stockholders of record on July 7, 2025 [6]

Core Viewpoint - Smith & Wesson Brands, Inc. is set to release its fourth quarter and full fiscal 2025 financial results on June 19, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast on the same day, featuring key executives including the President and CEO, Mark Smith, and CFO, Deana McPherson [2] - The conference call is scheduled to begin at 5:00 p.m. Eastern Time [2] Group 2: Participation Details - Interested parties in North America can join the call by dialing 1-877-704-4453, while international participants can call 1-201-389-0920 [3] - Participants are advised to dial in at least 10 minutes prior to the start of the call [3] Group 3: Company Overview - Smith & Wesson Brands, Inc. is a leader in firearm manufacturing and design, offering a wide range of handgun, long gun, and suppressor products under the Smith & Wesson® and Gemtech® brands [4] - The company also provides forging and machining services to third parties [4]