Cowen Raises Rating on Smith & Wesson Holding (SWHC) to 'Outperform' Following Strong Results and Guidance
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Smith & Wesson Holding Corporation Reports Fourth Quarter and Full Year Fiscal 2016 Financial Results
June 16, 2016 4:05 PM EDTSPRINGFIELD, Mass., June 16, 2016 /PRNewswire/ -- Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), a leader in firearm manufacturing and design, today announced financial results for the fiscal fourth quarter and full year ended April 30, 2016.
Fourth Quarter Fiscal 2016 Financial Highlights
Quarterly net sales were $221.1 million, an increase of 22.2% over the fourth quarter last year. Firearms division net sales of $203.7 million increased by 22.4% over the comparable quarter last year. Accessories division net sales of $17.5 million increased... More