Feed / SWBI

Smith & Wesson Brands, Inc.

SWBI

Industrials · 13.28 -0.8% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Smith & Wesson Brands, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Company-0.8% todayVolume comparison unavailable
Market group0 of 17 activeFinancial & Industrial Services · unavailable
Disclosed network0 of 3 confirmingNo filing-linked name is confirming now
What would change this read
  • SWBI's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if SWBI's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Aerospace & Defense

No new filing conclusion is available. 0 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 3 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • SWBI's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements129
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +10.4% year over year.
  • Operating cash flow covered net income at 6.18x in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Product pipeline and R&D has repeated adverse evidence across 6 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

13.28
6m+11.6%12m+61.8%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-04-30$864.1M-18.4%$4.08-13.8%
2023-04-30$479.2M-44.5%$0.80-3.3%
2024-04-30$535.8M+11.8%$0.89+0.2%
2025-04-30$474.7M-11.4%$0.30-2.8%
2026-04-30$523.8M+10.4%$0.41+0.0%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 6 filings
Cash provided by financing activities for the three months ended July 31, 2025 was primarily the result of $15.0 million of net borrowings, partially offset by $5.9 million in dividend distributions.
10-Q · Sep 3, 2026
Demand and volumemixed · 6 filings
Inventory balances increased $24.4 million between April 30, 2026 and July 31, 2026 as a result of level loading of our manufacturing facilities to ensure our ability to satisfy anticipated future demand.
10-Q · Sep 3, 2026
Product pipeline and R&Dmixed · 6 filings
Sales of our long guns decreased $13.5 million, or 13.0%, from fiscal 2025, primarily as a result of the timing of new product launches in fiscal 2025, which were at higher selling prices, combined with lower consumer demand during fiscal 2026.
10-K · Jun 17, 2026
Tariffs and trade policymixed · 5 filings
Gross margin for the three months ended July 31, 2026 was 28.7% compared with 25.9% for the comparable quarter last year, primarily driven by $2.9 million in International Emergency Economic Powers Act tariff refunds received under the U.S.
10-Q · Sep 3, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

13.28-0.8% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SWBI. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SWBI. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SWBI

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AOUTFiling-linked namepartnerJun 17, 2026

As part of the Relocation, on January 31, 2023, we entered into (i) an assignment and assumption agreement with American Outdoor Brands, Inc., our former wholly owned subsidiary, or AOUT (which became effective on January 1, 2024), pursuant to which AOUT assu…

RYANRyan Specialty Holdings, Inc.partnerJun 17, 2026

O n October 26, 2017, we entered into a lease agreement with Ryan Boone County, LLC, or the Original Missouri Landlord, concerning certain real property located in Boone County, Missouri on which we had been operating our distribution center, or the Missouri…

AOUTFiling-linked nameinvesteeJun 20, 2025

As part of the Relocation, on January 31, 2023, we entered into (i) an assignment and assumption agreement with American Outdoor Brands, Inc., our former wholly owned subsidiary, or AOUT (which became effective on January 1, 2024), pursuant to which AOUT assu…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SWBI is currently a Follower in the organic co-movement group Financial & Industrial Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for SWBI; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.