Smith & Wesson Brands Jumps Premarket After Fiscal Q4 Non-GAAP Earnings, Revenue Rise
Smith & Wesson Brands (SWBI) shares were up more than 15% in Thursday's premarket activity after the company overnight reported fiscal Q4 non-GAAP earnings of $0.36 per diluted share, up from $0.20 a year earlier.One analyst polled by FactSet expected $0.23.Net sales for the quarter that ended April 30 were $178.4 million, up from $140.8 million a year earlier.Two analysts surveyed by FactSet expected $155.3 million."We expect firearm industry demand in fiscal 2027 to continue to be healthy and slightly higher than in fiscal 2026," Chief Financial Officer Deana McPherson said in the earnings statement late Wednesday.The company's board authorized a sequentially unchanged quarterly dividend of $0.13 a share, payable July 15 to stockholders of record as of July 1.Price: $15.88, Change: $+2.15, Percent Change: +15.66%
