S&W celebrates Smith & Wesson Academy anniversary
The academy trained civilians on pistol and rifle fundamentals. It also provided advanced training for law enforcement and military professionals to build skills.
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Firearms and shooting equipment manufacturer
smith-wesson.comLast updated
In short: S&W beat Q1 earnings estimates, reported sales growth, and won a unanimous Supreme Court ruling against Mexico's lawsuit.
The academy trained civilians on pistol and rifle fundamentals. It also provided advanced training for law enforcement and military professionals to build skills.
The company achieved gross margins of 28.7 percent and an adjusted EBITDAS margin of 12.2 percent alongside a quarterly dividend authorization.
Net sales reached $178.4 million, a 26.7% increase year over year, with diluted EPS rising to $0.36 per share.
The company will host a live webcast on March 5 at 5 PM ET with CEO Mark Smith and CFO Deana McPherson discussing performance.
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