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Smith & Wesson Reports 1st Quarter Results (Net Income Up 458%)
PR Newswire ^ | Sept 9 2009 | unknown

Posted on 09/09/2009 1:27:31 PM PDT by Brugmansian

Record Quarterly Sales of $102 Million (+30%)

Record Quarterly Net Income of $12.6 Million (+458%)

Record Quarterly, Fully Diluted EPS of $0.21 (+320%)

Record Adjusted EBITDAS of $20 Million

SPRINGFIELD, Mass., Sept. 9 /PRNewswire-FirstCall/ -- Smith & Wesson Holding Corporation (Nasdaq: SWHC), parent company of Smith & Wesson Corp., the legendary 157-year old company in the global business of safety, security, protection and sport, today announced financial results for the first fiscal quarter ended July 31, 2009.

Net sales for the first fiscal quarter ended July 31, 2009 were $102.2 million, which was $23.8 million, or 30.3%, higher than net sales of $78.5 million for the first fiscal quarter last year. Gross profit of $35.6 million, or 34.8% of sales, for the first quarter of fiscal 2010 increased by 43.4% compared with gross profit of $24.8 million, or 31.7% of sales, for the first quarter last year.

(Excerpt) Read more at news.prnewswire.com ...


TOPICS: News/Current Events
KEYWORDS: banglist; economy; rkba
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1 posted on 09/09/2009 1:27:31 PM PDT by Brugmansian
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To: Brugmansian

follow on head line - gun grabbers and anti-capitalists become apoplectic


2 posted on 09/09/2009 1:30:09 PM PDT by taxcontrol
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To: taxcontrol

Holy guacamole!


3 posted on 09/09/2009 1:30:47 PM PDT by Cathy
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To: taxcontrol

I forget, am I allowed to like them, or are they still being Zumboed?


4 posted on 09/09/2009 1:31:00 PM PDT by I Buried My Guns
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To: Brugmansian

Does anyone know anthing about .401 shotgun?

I know it is small - but can it core a apple? (if you catch my drift)


5 posted on 09/09/2009 1:31:03 PM PDT by Mr. K (THIS ADMINISTRATION IS WEARING OUT MY CAPSLOCK KEY DAMMIT DAMMIT DAMMIT!!!!!)
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To: Brugmansian

Sumbitch! I knew I should’ve invested before Obambi got into office.

That being said, they should temper their release of these reports. This is fuel on the fire being lit by Bloomberg and his idiot cronies who say that the gun manufacturers are profiting on violence.

We all know it’s true, but I wouldn’t put anything past Obidiot’s administration.


6 posted on 09/09/2009 1:31:58 PM PDT by rarestia (Confutatis maledictis, voca me cum benedictis)
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To: Brugmansian

Okay - so Obama did stimulate some industry!!!


7 posted on 09/09/2009 1:32:02 PM PDT by mom4melody
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To: Brugmansian

And I helped. :-)


8 posted on 09/09/2009 1:32:07 PM PDT by SueRae
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To: Brugmansian

Stock is soaring in after-hours trading:

http://finance.yahoo.com/q?s=SWHC


9 posted on 09/09/2009 1:32:24 PM PDT by Deo volente (Obamacare: In critical condition, on life support.)
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To: Brugmansian

If they’d ditch that cursed little lock, and their sales would be much higher still!


10 posted on 09/09/2009 1:32:41 PM PDT by SandWMan (NO MORE NEOCONS!!!)
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To: Mr. K

Oh yeah! It will core an apple among other things that would look better with a smaller diameter hole.


11 posted on 09/09/2009 1:33:41 PM PDT by animal172
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To: I Buried My Guns

I *think* S&W is fine with civies now. H&K still think we suck and hate us.


12 posted on 09/09/2009 1:34:17 PM PDT by Domandred (Fdisk, format, and reinstall the entire .gov system. I am Jim Thompson.)
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To: Brugmansian

I helped by buying new Model 27 .357 and Model 29 .44 Magnums.


13 posted on 09/09/2009 1:34:52 PM PDT by DarthVader (Liberalism is the politics of EVIL whose time of judgment has come.)
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To: Mr. K

Are you refering to the .410 bore shotgun?

If so, I know a little bit. ;)


14 posted on 09/09/2009 1:35:07 PM PDT by Tijeras_Slim
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To: SandWMan
If they’d ditch that cursed little lock, and their sales would be much higher still!

+1

15 posted on 09/09/2009 1:35:11 PM PDT by atomic_dog
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To: All

Did my part.. Now I just need to assist the optics industry next month..


16 posted on 09/09/2009 1:35:53 PM PDT by newnhdad (The longest of journeys begins with one step.)
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To: DarthVader

The new classic series? I have some 50’s vintage 27’s and early 29’s.


17 posted on 09/09/2009 1:36:21 PM PDT by Tijeras_Slim
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To: Brugmansian

Change.


18 posted on 09/09/2009 1:38:01 PM PDT by Recovering_Democrat
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To: Tijeras_Slim

Yes, the new Classic series.


19 posted on 09/09/2009 1:38:23 PM PDT by DarthVader (Liberalism is the politics of EVIL whose time of judgment has come.)
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To: Brugmansian

20 posted on 09/09/2009 1:38:40 PM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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