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Smith & Wesson (SWHC) Tops Q2 EPS by 12c; Guides Q3 EPS Below Views

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Smith & Wesson Holding Corporation Reports Second Quarter Fiscal 2017 Financial Results

December 1, 2016 4:05 PM EST

SPRINGFIELD, Mass., Dec. 1, 2016 /PRNewswire/ -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), one of the world's leading providers of firearms and quality products for the shooting, hunting, and rugged outdoor enthusiast, today announced financial results for the fiscal second quarter 2017, ended October 31, 2016.

Second Quarter Fiscal 2017 Financial Highlights

Quarterly net sales were $233.5 million compared with $143.2 million for the second quarter last year, an increase of 63.0%. Gross margin for the quarter was 41.8% compared with 39.2% for the second quarter last year.  Quarterly GAAP net income was... More