Smith & Wesson Brands Q1 Earnings Call Highlights
Smith & Wesson reported Q1 earnings, highlighting doubled shipments of the Model 1854 rifle and strong growth in wholesale, law enforcement, and international markets. Average selling prices increased 9% for handguns and 18% for long guns year over year. Gross margin rose to 28.7%, with tariff refunds and higher production absorption contributing. Operating expenses increased due to legal and advertising costs. The company expects Q2 sales growth of 10% and improved gross margins. Smith & Wesson




