Smith & Wesson Brands, Inc. earns a Buy rating as demand and market share improve despite ongoing industry cyclicality. Q1 net sales rose 32.3% year-over-year to $113 million, with gross margin up to 28.7%, but underlying margin gains were partly driven by one-off tariff refunds. Full-year revenue guidance targets 5–7% growth, reflecting management's expectation of softer demand in the second half after a regulatory-driven Q1 surge.
Smith & Wesson is upgraded from 'hold' to 'buy' following a strong Q1 FY2027 and attractive valuation. Q1 revenue surged 32.3% year over year, driven by robust handgun and long gun demand, innovation, and favorable product mix. Recent NICS background check data and management commentary indicate strengthening end-user demand and successful new product introductions.
Smith & Wesson Brands, Inc. (SWBI) Q1 2027 Earnings Call Transcript
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 987 | $12,392.19 | $13,645.27 | $1,253.08 | 10.11% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 21,243 | $319,496 | $293,646.24 | -$25,849.76 | -8.09% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,114 | $16,819.62 | $15,395.93 | -$1,423.69 | -8.46% |
| WGS Wilson G. Saville BARRETT & COMPANY Inc. | 150 | $1,605.42 | $2,088 | $482.58 | 30.06% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 399 | $3,922.17 | $5,546.1 | $1,623.93 | 41.4% |
| Aerospace & Defense Industry | Industrials Sector | Mark Peter Smith CEO | NASDAQ (NGS) Exchange | 831754106 CUSIP |
| US Country | 1,382 Employees | 17 Sep 2026 Last Dividend | 25 Aug 2020 Last Split | 9 Nov 1998 IPO Date |
Smith & Wesson Brands, Inc., headquartered in Springfield, Massachusetts since its inception in 1852, is a renowned name in the global firearms industry. The company specializes in the design, manufacture, and sale of firearms and firearm-related products to a diverse market that includes firearm enthusiasts, collectors, hunters, sportsmen, competitive shooters, as well as law enforcement, security agencies, and military agencies worldwide. Smith & Wesson has cemented its position in the market through a combination of product excellence, innovation, and strategic marketing. The company leverages a mix of independent dealers, retailers, direct sales, and a comprehensive digital and traditional advertising strategy to reach its audience.
Smith & Wesson Brands, Inc. offers a broad array of products and services catering to the needs of its diverse clientele: