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Get filing alertsSmith & Wesson Q1 sales jump 32% to $112.6M, swings to profit; guides FY27 growth of 5-7%
Filed September 3, 2026 · Period ending September 3, 2026 · ~1 min read
Key Changes
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Net sales rose 32.3% to $112.6 million, up $27.5 million from the prior-year quarter.
Item 2.02 verify on EDGAR → -
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GAAP net income was $2.6 million, or $0.06 per diluted share, versus a net loss of $3.4 million, or $0.08 per share, a year ago.
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Gross margin improved to 28.7% from 25.9%, including a non-recurring 260 basis point benefit from $2.9 million in tariff refunds.
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Management expects Q2 sales roughly 10% above last year and full-year fiscal 2027 revenue growth of approximately 5-7%.
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Non-GAAP Adjusted EBITDAS rose to $13.8 million, or 12.2% of net sales, from $7.4 million, or 8.7%, a year earlier.
Item 2.02 verify on EDGAR →
Summary
Smith & Wesson Brands reported strong first-quarter fiscal 2027 results, with net sales up 32.3% to $112.6 million and a swing to profitability. The company earned $0.06 per diluted share compared with a loss of $0.08 per share in the prior-year quarter. Gross margin expanded to 28.7% from 25.9%, though the improvement included a non-recurring benefit of about 260 basis points from $2.9 million in tariff refunds, meaning underlying margin gains were more modest.
Management expects second-quarter sales to be roughly 10% above last year and full-year fiscal 2027 revenue to grow approximately 5-7%. The company also declared a quarterly dividend of $0.13 per share. The results reflect strong demand in both consumer and professional channels, and the company continues to expect a normal seasonal environment.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Smith & Wesson furnished Q1 FY2027 results via press release on September 3, 2026.
Added in current filing · verify on EDGAR →
We are furnishing the disclosure in this Item 2.02 in connection with the disclosure of information in the form of the textual information from a press release issued on September 3, 2026.
The company furnished its quarterly results press release as Exhibit 99.1 under Item 2.02. The 8-K body does not include the actual financial figures; those are in the exhibit, which is not reproduced here.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify