- Smith & Wesson (SWHC) Tops Q2 Earnings, Revises Outlook
Smith & Wesson (NASDAQ:SWHC) trades lower despite beating FQ2 earnings estimates.
Investors may be reacting to the company's Q3 guidance which came in under expectations (revenue $230M-$240M vs. $238M consensus, EPS $0.52-$0.57 vs. $0.59).
Smith & Wesson CEO James Debney said on the firm's conference call that demand was strong on Black Friday and that he sees a "good environment" in retail.
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