Smith & Wesson Brands, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended April 30, 2024
June 20, 2024 at 09:16 pm
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Smith & Wesson Brands, Inc. reported earnings results for the fourth quarter and full year ended April 30, 2024. For the fourth quarter, the company reported sales was USD 159.15 million compared to USD 144.78 million a year ago. Net income was USD 26.11 million compared to USD 12.84 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.28 a year ago.
For the full year, sales was USD 535.83 million compared to USD 479.24 million a year ago. Net income was USD 39.61 million compared to USD 36.88 million a year ago. Basic earnings per share from continuing operations was USD 0.86 compared to USD 0.8 a year ago. Diluted earnings per share from continuing operations was USD 0.86 compared to USD 0.8 a year ago.
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.
SMITH & WESSON BRANDS, INC. 
