NASDAQ$SWBI

Smith & Wesson Brands Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Smith & Wesson's Q4 2024 financial performance was marked by increased net sales and improved gross margin compared to the same quarter last year.

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%.

  • Net sales for Q4 reached $159.1 million, a 9.9% increase year-over-year.
  • Gross margin improved to 35.5% compared to 29.0% in the prior year's quarter.
  • GAAP net income was $26.1 million, or $0.57 per diluted share.
  • Adjusted EBITDAS was $36.0 million, representing 22.6% of net sales.

Headline financials

Total Revenue

$159M

Previous: $145M+9.9%
EPS (adj)

$0.45

Previous: $0.32+40.6%
Gross Margin

35.5%

Previous: 29.0%+22.4%
Adjusted EBITDAS

$37.6M

Previous: $30.3M+24.0%
Capital Expenditures

-$5.59M

Previous: $25M-122.4%
Net Income

$26.1M

Previous: $12.8M+103.9%
Operating Income

$25.4M

Previous: $17.8M+42.4%
Gross Profit

$56.5M

Previous: $42M+34.7%
R&D Expense

$1.77M

No prior period
Stock-Based Comp

$1.42M

Previous: $1.24M+14.2%

Revenue & EPS history

Smith & Wesson · Revenue · Quarterly

$159M

Q4 2024+9.9%vs Q4 2023
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Smith & Wesson anticipates healthy firearm demand in fiscal year 2025 and expects to grow both net sales and gross margin despite a competitive marketplace and inflationary impacts.

Tailwinds

  • Healthy demand overall for firearms in fiscal 2025 is expected.
  • Smith & Wesson is well positioned to deliver another solid year of growth.
  • The company has a deep pipeline of new products.
  • The new state-of-the-art facility is now fully operational.
  • The company possesses a strong balance sheet.

Headwinds

  • The summer months will be highly competitive.
  • The summer months represent the traditionally slower season for firearms.
  • The company faces a competitive marketplace.
  • The company faces inflationary impacts.
  • There are potential risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by forward-looking statements.

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 Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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