Smith & Wesson Brands Reports Strong Q1 Earnings and Outlook
Smith & Wesson Brands (NASDAQ:SWBI) reported strong first-quarter fiscal 2027 results, with sales rising 32.3% year over year to $112.6 million and a return to profitability of $2.6 million compared to a prior-year loss of $3.4 million. The company's shipments increased nearly 20%, outpacing adjusted NICS growth by 7.7%. Strong performance was driven by long guns, modern sporting rifles (MSRs), Model 1854 lever-action rifles, and international sales. Management maintained a positive outlook for the year ahead, forecasting second-quarter sales to grow about 10% year over year and reaffirming fiscal 2027 revenue growth guidance of approximately 5-7%. The company also plans $45 million to $50 million in capital expenditures. CEO Mark Smith highlighted innovation, brand strength, and operational execution as key drivers behind the strong performance.
Tickers: $SWBI