RBC Capital Downgrades Smith & Wesson Holding (SWHC) to Sector Perform; Time for a Breather
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Smith & Wesson Holding Corporation Reports Second Quarter Fiscal 2016 Financial Results
December 8, 2015 4:05 PM ESTSPRINGFIELD, Mass., Dec. 8, 2015 /PRNewswire/ -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, today announced financial results for the fiscal second quarter ended October 31, 2015.
Second Quarter Fiscal 2016 Financial Highlights
Quarterly net sales were $143.2 million, an increase of 32.1% over the second quarter last year. Firearms division net sales of $124.9 million increased by 15.2% over the comparable quarter last year. Accessories division net sales of $18.4 million increased by 24.6% over the comparable... More