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Smith & Wesson Holding (SWHC) Is Climbing On Preliminary Q4 Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Smith & Wesson Holding (SWHC) announced preliminary net sales for the fourth quarter of $179 million after the close Thursday. Preliminary GAAP net income from continuing operations is expected to be approximately $0.44 per diluted share.

The company also announced that its Board of Directors has approved the repurchase of up to $100.0 million of the company's outstanding common stock. The stock is now up 0.55 on 235K shares.

Smith & Wesson climbed during the early portion of the afternoon Thursday and finished up by 0.21 at $9.30.

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