By Elias Schisgall
Smith & Wesson reported a lower profit as gun sales declined in its fiscal second quarter.
The gun manufacturer posted a profit of $1.9 million, or 4 cents a share, down from $4.5 million, or 10 cents a share, a year earlier.
Stripping out certain one-time items, adjusted earnings were 4 cents a share. Analysts surveyed by FactSet were expecting adjusted earnings of 2 cents a share.
Revenue fell to $124.7 million, down from $129.7 million a year earlier. Analysts were anticipating $123.7 million for the quarter.
Smith & Wesson Chief Executive Officer said revenue continues to be driven by new product sales, which accounted for 39% of sales during the quarter.
The company said it expects third-quarter sales to rise 8% to 10%.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
December 04, 2025 16:45 ET (21:45 GMT)
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