Smith & Wesson Brands Inc (OQ:SWBI)
Business Focus: Recreational Products
| Sector: Consumer Cyclicals | Industry: Recreational Products |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2100 Roosevelt Ave SPRINGFIELD MA 01104-1606 |
| Tel: | N/A |
| Website: | https://www.smith-wesson.com |
| IR: | See website |
| Key People | ||
| Mark P. Smith President, Chief Executive Officer, Director | Deana L. Mcpherson Chief Financial Officer, Executive Vice President, Treasurer, Assistant Secretary | Kevin A. Maxwell Senior Vice President, Chief Compliance Officer, General Counsel, Secretary | Susan J. Cupero Vice President - Sales |
| Business Overview |
| Smith & Wesson Brands, Inc. is a manufacturer of firearms products. The Company manufactures a range of handguns (including revolvers and pistols), long guns (including modern sporting rifles), handcuffs, firearm suppressors, and other firearm-related products for sale to a wide variety of customers, including firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers, and military agencies in the United States and throughout the world. The Company sells its products under the Smith & Wesson, M&P, and Gemtech brands. The Company manufactures its products at its facilities in Springfield, Massachusetts; Houlton, Maine; and Deep River, Connecticut. The Company also provides manufacturing services, including forging, heat treating, rapid prototyping, tooling, finishing, plating, machining, and custom plastic injection molding. |
| Financial Overview |
| For the nine months ended 31 January 2024, Smith & Wesson Brands Inc revenues increased 13% to $376.7M. Net income decreased 44% to $13.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Restructuring Charges & Provisions increase from $307K to $3M (expense), Other income/(expense), net decrease of 92% to $177K (income). |
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