General Information

S&W: Record Quarter, Record Year

Smith Wesson LogoSmith & Wesson announced a record quarter and record year for sales and income.  Here are the highlights:

  • For the quarter ending April 30, 2012, S&W’s sales were up almost 28% year over year.
  • For the quarter ending April 30, 2012, S&W’s income was $17.8 million.
  • For the fiscal year ending April 30, 2012, S&W produced a record number of units, generated a record amount of cash and brought in a record amount of income ($26.4 million).

For anyone who tracks Apple stock, these numbers seem anemic, but for Smith & Wesson, they are very good indeed.

According to a Smith & Wesson press release, these records were driven largely because of the popularity of the M&P line of pistols and rifles.  The M&P continues to nibble away at Glock’s share of the law enforcement market, and more and more consumers are flocking to the guns.  Read a few of the popular gun blogs out there and you’ll see that everyone is drinking to Kool-Aid.

It will be interesting to see if:

  1. demand remains high,
  2. production matches demand,
  3. the Shield increases the brand’s popularity, and
  4. if the company continues to expand its presence in the police market.

Note:  I’m not a financial advisor, just a casual observer of the Smith & Wesson company.  Nothing in this article is considered financial advice.  In fact, you are a fool if you take anything I write and make any kind of financial decisions with it.  I do not own any Smith & Wesson stock.  I do, however, own and shoot several of their guns including an M&P 9.

By Richard Johnson

Richard Johnson is a gun writer, amateur historian and - most importantly - a dad. He's done a lot of silly things in his life, but quitting police work to follow his passion of writing about guns was one of the smartest things he ever did. He founded this site and continues to manage its operation.

One reply on “S&W: Record Quarter, Record Year”

Comments are closed.