SWBI - Why Smith & Wesson Brands Stock Is Shooting Higher After Hours | Benzinga
Smith & Wesson Brands, Inc (NASDAQ: SWBI) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected financial results.
- Q1 Revenue: $114.2 million beat estimates of $100.93 million
- Q1 EPS: 13 cents beat estimates of 5 cents
Sales were up 35.4% on a year-over-year basis. Gross margin was 26.6% versus 37.3% in the comparable quarter last year.
"We are very ...