Yahoo · Sep 5, 2026
Why Is Smith & Wesson (SWBI) Stock Rocketing Higher Today
Shares of american firearms manufacturer Smith & Wesson (NASDAQ:SWBI) jumped 5.8% in the afternoon session after the company reported strong first-quarter fiscal 2027 financial results, returning to profitability alongside a 32.3% surge in net sales. According to the company's press release, Smith & Wesson Brands generated net sales of $112.6 million for the quarter ended July 31, 2026, representing a $27.5 million increase from the comparable quarter last year. Both GAAP and non-GAAP net income

