NASDAQ$SWBI
Smith & Wesson Brands Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported financial results for the second quarter of fiscal 2022.
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.
- Net sales were $230.5 million, a decrease of 7.3% from the comparable quarter last year.
- Gross margin was 44.3%, compared with 40.6% for the comparable quarter last year.
- Quarterly GAAP net income was $50.9 million, or $1.05 per diluted share, compared with $49.1 million, or $0.87 per diluted share, for the comparable quarter last year.
- Quarterly non-GAAP Adjusted EBITDAS was $80.4 million, or 34.9% of net sales, compared with $78.9 million for the comparable quarter last year.
Headline financials
Revenue & EPS history
Smith & Wesson · Revenue · Quarterly
$121M
Forward guidance
Smith & Wesson intends to relocate its headquarters and certain of its operations to Maryville, Tennessee in 2023.
Tailwinds
- The company has great confidence going forward to continue being the brand of choice at retail.
- The company will connect with both the millions of new firearms owners and loyal long time enthusiasts in new and innovative ways.
- The company will continue to introduce exciting new products.
- The company will leverage its unique ability to adjust rapidly to market dynamics through its flexible manufacturing model.
- The new state-of-the-art facility will serve as the company's headquarters.
Headwinds
- Economic factors could impact results.
- Social factors could impact results.
- Political factors could impact results.
- Legislative factors could impact results.
- Regulatory factors could impact results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
+0.7%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+0.9%
Avg return
30 days after
48%
31 / 64 earnings
Positive
+38.7%
Q1 2019
Best reaction
-33.3%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +17.0% | +21.1% | — | |
| Q3 2026 | +18.7% | +18.8% | +26.0% | |
| Q2 2026 | +23.3% | +25.3% | +12.0% | |
| Q1 2026 | +6.7% | +14.4% | +20.7% | |
| Q4 2025 | +0.0% | -16.9% | -22.4% | |
| Q3 2025 | -10.9% | -11.3% | -17.1% | |
| Q2 2025 | -23.0% | -21.1% | -28.7% | |
| Q1 2025 | -9.8% | -13.8% | -9.8% | |
| Q4 2024 | -12.5% | -9.7% | -6.3% | |
| Q3 2024 | +32.0% | +33.5% | +34.6% | |
| Q2 2024 | -11.3% | -14.6% | -5.8% | |
| Q1 2024 | +7.5% | +5.3% | +19.7% | |
| Q4 2023 | +15.5% | +8.4% | +9.3% | |
| Q3 2023 | +4.3% | +3.4% | +12.0% | |
| Q4 2022 | +25.5% | +8.3% | +3.7% | |
| Q3 2022 | -13.4% | -18.3% | -14.7% | |
| Q2 2022 | -27.4% | -20.6% | -20.9% | |
| Q1 2022 | -8.5% | -7.0% | -13.3% | |
| Q4 2021 | +13.6% | +40.4% | +20.1% | |
| Q3 2021 | -1.5% | +10.9% | +11.3% | |
| Q2 2021 | +2.8% | +0.1% | +14.7% | |
| Q1 2021 | -12.6% | -16.5% | -20.4% | |
| Q4 2020 | -2.4% | +2.1% | +18.7% | |
| Q3 2020 | -33.3% | -45.1% | -27.1% | |
| Q2 2020 | +1.9% | +0.4% | +3.1% | |
| Q1 2020 | -19.2% | -23.0% | -19.3% | |
| Q4 2019 | +4.5% | -0.7% | +3.9% | |
| Q3 2019 | -10.8% | -14.2% | -12.9% | |
| Q2 2019 | +19.2% | +12.2% | +9.7% | |
| Q1 2019 | +38.7% | +43.0% | +53.5% | |
| Q4 2018 | -2.2% | -3.4% | -20.3% | |
| Q3 2018 | +8.4% | +18.2% | +14.7% | |
| Q2 2018 | -5.1% | -1.0% | -13.1% | |
| Q1 2018 | -17.8% | -17.3% | -7.3% | |
| Q4 2017 | -5.9% | -7.8% | -13.1% | |
| Q3 2017 | -3.2% | -1.6% | +1.9% | |
| Q2 2017 | -9.5% | -10.5% | -9.6% | |
| Q1 2017 | -1.6% | -0.7% | -5.5% | |
| Q4 2016 | +10.1% | +15.3% | +32.0% | |
| Q3 2016 | +7.0% | — | — | |
| Q2 2016 | +5.9% | — | — | |
| Q1 2016 | +13.1% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +5.1% | — | — | |
| Q2 2015 | +3.2% | — | — | |
| Q1 2015 | -13.7% | — | — | |
| Q4 2014 | -7.8% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | +3.3% | — | — | |
| Q1 2014 | -7.0% | — | — | |
| Q4 2013 | +1.5% | — | — | |
| Q3 2013 | -5.2% | — | — | |
| Q2 2013 | -6.3% | — | — | |
| Q1 2013 | +15.4% | — | — | |
| Q4 2012 | +17.9% | — | — | |
| Q3 2012 | +28.4% | — | — | |
| Q2 2012 | +21.0% | — | — | |
| Q1 2012 | -8.4% | — | — | |
| Q1 2011 | -8.4% | — | — | |
| Q4 2011 | -8.4% | — | — | |
| Q3 2011 | -11.8% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q4 2010 | +1.0% | — | — | |
| Q3 2009 | -12.4% | — | — |
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