Smith & Wesson estimates higher earnings for 2015

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.

Read More On:

Latest Reviews

  • Four Years Later: IWI Tavor SAR Revisited

    Though IWI's X95, released in 2016, usurps the SAR, my Tavor SAR is still part of the family. For those just now coming across this model, how has it stood up over the years? Let's find out.

    Read More
  • Scope Review: Leupold VX-Freedom FireDot Twilight Hunter

    The budget-friendly line of American-made Leupold VX-Freedom riflescopes found a welcome audience last year, but 2020 sees even more interesting additions to the family, with our hands-down favorite being the illuminated-reticle FireDot line.

    Read More
  • Ruger AR-556: An Outstanding Gateway AR

    It should come as no surprise the Ruger name is synonymous with value, and its’ AR-556 looks to fit this mold as an entry-level AR-15 with a reasonable MSRP. So how does the no-frills Ruger AR-556 perform when put to the test? Read on to find out.

    Read More
  • A Look at the Sig P238, A Year Later

    The Sig Sauer P238 was the first .380 ACP BUG to grace my gun safe, a welcomed addition to the 9mm polymers, .38 SPL revolvers, and .45 ACP 1911s. After more than a year's worth of use, where do I stand on the P238? Let's find out.

    Read More