American Outdoor Brands, Inc. delivered a 9.5% year-over-year increase in net sales, reaching $58.5 million. Gross margin improved by 200 basis points to 44.7%. GAAP net income was $169,000, or $0.01 per share, while non-GAAP net income rose to $2.7 million, or $0.21 per share. The company also saw a significant 99.1% increase in Adjusted EBITDAS to $4.7 million. Strong performance across sales channels contributed to these results.
Smith & Wesson reported a 3.8% increase in net sales compared to the same quarter last year, driven by new product innovation. However, overall demand for firearms normalized late in the quarter, impacting expectations for the second half of the fiscal year. The company is focused on managing profitability and maintaining a strong balance sheet amidst a challenging demand environment.
Smith & Wesson Brands, Inc. reported a decrease in net sales for the first quarter fiscal 2025, but highlighted the resilience of its manufacturing model and expressed confidence in future growth, driven by new products and seasonal demand.
Smith & Wesson Brands, Inc. reported a strong fourth quarter for fiscal year 2024, with net sales increasing by 9.9% to $159.1 million and a gross margin of 35.5%. The company's EPS was $0.57, and adjusted EBITDAS margin reached 22.6%.
Smith & Wesson Brands, Inc. reported a positive third quarter in fiscal year 2024, with net sales increasing by 6.5% compared to the same quarter last year. The company's performance reflects robust demand for its products and effective management of its operations.
Smith & Wesson Brands, Inc. reported a 3.2% increase in net sales to $125.0 million for the second quarter of fiscal 2024. EPS was $0.05/Share and Adjusted EPS was $0.14/Share. The company's Adjusted EBITDAS margin was 15.5%.
Smith & Wesson reported a strong first quarter with net sales of $114.2 million, a 35.4% increase over the comparable quarter last year. The company's profitability was supported by disciplined cost control. They anticipate tailwinds will allow them to continue to deliver strong results.
Smith & Wesson reported Q4 net sales of $144.8 million, a decrease of 20.1% compared to the same quarter last year. EPS was $0.28, and adjusted EPS was $0.32. The company's gross margin was 29.0%, with an adjusted EBITDAS margin of 20.9%.
Smith & Wesson Brands, Inc. reported Q3 fiscal year 2023 financial results, with net sales of $129.0 million and EPS of $0.24 per share. The company's top-line increased sequentially and exceeded the comparable pre-pandemic quarter in fiscal 2020. Gross margin was 32.4%, and non-GAAP Adjusted EBITDAS was $23.7 million, or 18.4% of net sales.
Smith & Wesson Brands, Inc. reported Q2 fiscal year 2023 financial results, with net sales of $121.0 million. The company's gross margin was 32.4%, and EPS was $0.21 per share. Despite a decrease in net sales compared to the previous year, the company's profitability remained strong.
Smith & Wesson Brands, Inc. reported a decrease in net sales by 69.3% compared to the same quarter last year, with net sales of $84.4 million. Despite the drop in sales, the company's profitability exceeded the pre-pandemic comparable quarter in fiscal 2020. The company's balance sheet remains strong with $110.5 million of cash and no debt.
Smith & Wesson Brands, Inc. reported Q4 net sales of $181.3 million, a gross margin of 39.8%, and EPS of $0.79 per share. The adjusted EBITDAS margin was 31.8%, and the company had $120.7 million in cash on hand. The Board of Directors authorized a 25% increase in the quarterly dividend.
Smith & Wesson Brands, Inc. announced its Q3 fiscal year 2022 financial results, revealing a decrease in net sales compared to the previous year, but an increase compared to two years prior. The company highlighted its ability to deliver meaningful profitability despite changing market conditions, with a focus on returning value to stockholders.
Smith & Wesson Brands, Inc. announced financial results for the second quarter of fiscal 2022. Net sales were $230.5 million, a decrease of 7.3% from the comparable quarter last year. Quarterly GAAP net income was $50.9 million, or $1.05 per diluted share.
Smith & Wesson Brands, Inc. reported a strong first quarter for fiscal year 2022, with record gross margin of 47.3% and record Q1 net sales of $274.6 million. The company's two-year compounded sales growth reached nearly 170%. EPS was reported at $1.57 per share, and Adjusted EBITDAS reached 39.9%.
Smith & Wesson Brands, Inc. reported strong Q4 2021 financial results, with a record quarterly GAAP net income of $89.2 million and a 67.3% increase in net sales compared to the same quarter last year. The company also announced a new $50 million share buyback program and a 60% increase in its quarterly dividend.
Smith & Wesson Brands, Inc. reported record third quarter fiscal 2021 financial results, with net sales of $257.6 million and net income of $62.3 million, driven by strong demand and efficient operations.
Smith & Wesson Brands, Inc. announced record-breaking financial results for the second quarter of fiscal year 2021. The company reported a significant increase in net sales, gross margin, and GAAP income compared to the same quarter last year. They generated $49.1 million in net income and ended the quarter with $55.5 million of cash on hand and zero bank debt.
Smith & Wesson Brands, Inc. reported record-breaking first quarter financial results with net sales of $278.0 million, a 124.8% increase compared to the first quarter last year. The company also initiated a regular, quarterly cash dividend of $0.05 per share.
Smith & Wesson Brands, Inc. reported a strong Q4 2020, marked by a 37% increase in firearms revenue year-over-year and a 2.4% increase in OP&A revenue. The company saw significant growth in e-commerce and direct-to-consumer sales. They are preparing for the spin-off of their Outdoor Products & Accessories business.
American Outdoor Brands Corporation reported a 2.9% increase in quarterly net sales, reaching $166.7 million. The company's GAAP net income was $5.7 million, or $0.10 per diluted share, compared to a GAAP net loss of $5.7 million, or $(0.10) per diluted share, for the comparable quarter last year.