Smith & Wesson Brands Inc. reported its financial results for the fiscal year ending April 30, 2025. The company experienced a decrease in net sales for handguns, which amounted to $331.9 million, down from $381.9 million in the previous fiscal year, marking a decline of 13.1%. Sales of long guns also declined to $104.0 million from $116.5 million, representing a 10.8% decrease. However, sales in other products and services saw a 3.5% increase, reaching $38.8 million from $37.4 million in the previous year. The company did not engage in any repurchases of common stock during the quarter ending April 30, 2025. Smith & Wesson continues to focus on strengthening its brand reputation and attractive pricing to support its goal of increasing market share. The company manufactures its products at facilities in Maryville, Tennessee; Springfield, Massachusetts; and Houlton, Maine, and markets its products under the Smith & Wesson and Gemtech brands.
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