SWBI has been in the news 545% more than usual
Sep 05, 2024, 10:32 PM
-9.37%
What does SWBI do
Smith & Wesson Brands, headquartered in Springfield, Massachusetts, manufactures firearms and related products, employing 1,501 people. The company serves diverse customers globally and operates facilities in multiple U.S. states.
SWBI has been in the news recently: Smith & Wesson (NASDAQ:SWBI) is expected to report a 10.3% decline in Q2 revenue, totaling $102.5 million, alongside a projected loss of $0.02 per share. In the previous quarter, the company recorded a loss of $2.1 million with revenue of $88.3 million, reflecting a 22.7% year-over-year decline.
📡️ Consumer Discretionary
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