Cowen Remains Bullish on Smith & Wesson (SWHC) Following 1Q16 Results
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Smith & Wesson Holding Corporation Reports First Quarter Fiscal 2016 Financial Results
August 27, 2015 4:05 PM EDTSPRINGFIELD, Mass., Aug. 27, 2015 /PRNewswire/ --Â Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, today announced financial results for the fiscal first quarter ended July 31, 2015.
First Quarter Fiscal 2016 Financial Highlights
Quarterly net sales were $147.8 million, an increase of 12.1% from the first quarter last year. Firearms division net sales of $134.4 million increased by 1.9% from the comparable quarter last year. Accessories division net sales of $13.3 million increased by 29.9% from the comparable... More