Smith & Wesson Brands ( NASDAQ:SWBI ) First Quarter 2025 Results Key Financial Results Revenue: US$88.3m (down 23% from...
Shares of american firearms manufacturer Smith & Wesson (NASDAQ:SWBI) fell 10.3% in the morning session after the company reported second-quarter earnings results. Its revenue and EPS unfortunately fell short of Wall Street's estimates. Notably, revenue fell 23% y/y as demand for firearms was softer than expected despite the anticipated seasonal summer deceleration. Encouragingly, management noted that demand picked up in August. Overall, this was a weaker quarter.
AOUT's first-quarter fiscal 2025 top line has been hurt by the timing of orders and current trends in certain consumer markets, which have softened demand.