Smith & Wesson Brands, Inc. (SWBI) Earnings Call Transcripts
Smith & Wesson Brands, Inc.'s Latest Earnings Call - Q4 FY2026
Smith & Wesson Brands, Inc. reported a strong fourth quarter and full fiscal year 2026, driven by robust consumer demand and strategic execution. For Q4, net sales reached $178.4 million, a 26.7% increase year-over-year, with adjusted EPS up nearly 77%. The company noted significant market share gains, particularly in handguns and long guns. Management provided guidance for mid-single-digit revenue growth for fiscal 2027, with Q1 expected to outperform the prior year by 15-20% in revenue.
Reported metrics
| Metric | Value |
|---|---|
| Net Sales | $178.4 million (beat) |
| Adjusted EPS | $0.36 (beat) |
| Adjusted EBITDA | 31.7% (beat) |
| Gross Margin | 29.8% (beat) |
| Cash from Operations | $74.6 million (beat) |
Guidance from management
Management expects fiscal 2027 revenue to grow in mid-single digits, with Q1 revenues projected to be 15-20% higher than last year. Margins are expected to be a point or two higher on increased volume.
What management said
Well, I just want to thank you, Operator, and thank you, everybody, for joining us today and your interest in our company and Smith & Wesson. Look forward to speaking with you all again next quarter.
What analysts pressed on
Analysts questioned the sustainability of market share gains and the impact of new product introductions on future growth. There were also inquiries about gross margin improvements and capital allocation priorities, including investments in the Springfield facility.
Main topics on the call
- Revenue Growth — Net sales increased nearly 27% year-over-year, driven by strong consumer demand and market share gains, particularly in handguns. Management stated, 'Our Q4 performance surpassed our expectations on every key metric.'
- Market Share Gains — Smith & Wesson captured significant market share, with handgun shipments up 23% versus a NICS increase of only 1.1%. Management highlighted, 'We continue to lead the concealed carry market with our Bodyguard 2.0 and Shie...
- New Product Introductions — New products accounted for nearly 38% of shipments during Q4. Management emphasized the success of new handgun models like the Bodyguard 38 2.0 and Shield X, stating, 'It's just been, frankly, one home run after another....
- Operational Efficiency — The company reduced internal inventory from $190 million to $156 million and improved gross margins by one percentage point due to increased production volume and price increases.
Read the full Smith & Wesson Brands, Inc. transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Smith & Wesson Brands, Inc.
Smith & Wesson Brands, Inc. (SWBI) is a publicly listed company in the Leisure Products industry, within the Consumer Discretionary sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 29 calls on record spanning March 5, 2020 to June 17, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 29 Smith & Wesson Brands, Inc. earnings call transcripts on record, spanning March 5, 2020 to June 17, 2026. Based on this history, Smith & Wesson Brands, Inc. reports quarterly. The most recent call on file is dated June 17, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- SWBI
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Consumer Discretionary
- Industry
- Leisure Products
- Calls on record
- 29
- First call
- March 5, 2020
- Most recent
- June 17, 2026
- Reporting cadence
- quarterly