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 consensus estimates are for revenues of $170.72 million and EPS of $0.40.
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.
Smith & Wesson gapped open higher Friday, but was range-bound throughout the session. The stock closed up by 0.48 at $9.78 on above average volume and rose to a 3-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.