Smith & Wesson Holding Corporation will adjust financial results for the 2015 fiscal year to reflect the acquisition of gun accessory maker Battenfeld Technologies.
In today’s filing with the Securities and Exchange Commission, Smith & Wesson expects net sales of between $124 million and $126 million for its third quarter. For the 2015 fiscal year, ending April 30, the company estimates nets sales around $530 million.
By comparison, Smith & Wesson’s 2014 fiscal year ended with $626 million in net sales.
The Massachusetts-based gun maker completed the $130 million acquisition of Battenfeld in December. Battenfeld process hunting and shooting supplies at its Columbia, Missouri, facility, which Smith & Wesson plans to shift all accessory production to later in the year.
Smith & Wesson’s third quarter ends Jan. 31 and the company will release final results at an investor’s conference March 3.