The gunmaker finished its fiscal 2025 with another weak quarter, as net income tumbled 68% to $8,634,000 from $27,335,000 on 12% lower sales of $140,762,000, down from $159,148,000 for Q4 ended April 30. The final quarter was more difficult than expected, the company said, largely due to inflation and other macroeconomic factors pressuring consumer spending, along with broader industry trends. The prior-year quarter included a $6.4 million profit from the sale of intangible assets.

SWBI’s unit shipments to distributors declined 8.4%, implying lost market share as overall NSSF-adjusted NICS was down just ... Log in to view full article.