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Smith & Wesson Brands Inc (SWBI) Reports Solid Q3 Fiscal 2024 Results [Yahoo! Finance]

Smith & Wesson Brands, Inc. (SWBI) 
Company Research Source: Yahoo! Finance
Operating Cash Flow : Generated $25.4 million, significantly higher than the previous year. Dividends : Announced a $0.12 per share quarterly dividend payable in April 2024. Share Repurchases : Utilized $916,000 of the $50 million authorization to repurchase nearly 71,000 shares. Inventory Levels : Decreased by $9.8 million, indicating strong retail sell-through. Adjusted EBITDAS : Non-GAAP Adjusted EBITDAS stood at $21.4 million for the quarter. Warning! GuruFocus has detected 7 Warning Signs with SWBI. On March 7, 2024, Smith & Wesson Brands Inc ( NASDAQ:SWBI ) released its third-quarter fiscal 2024 financial results, revealing a 6.5% increase in net sales compared to the same period last year. The company's 8-K filing indicates that the growth is a testament to the company's robust demand for its innovative new products and the sustained momentum in its core product portfolio. Smith & Wesson Brands Inc is a leading U.S.-based firearm manufacturer, known for its handgun Show less Read more
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