JUMP REPORT
SMITH & WESSON BRANDS (SWBI)
EARNINGS RELEASE - JUNE 18 (AMC)
* members only content
EARNINGS EXPECTATIONS:
American Outdoor Brands is now Smith & Wesson Brands (NASDAQ:SWBI) after the company officially changed its name and ticker symbol on June 1. The gunmaker is preparing the spin off of its outdoor gear and accessories business later this year.
NO HISTORY TO SHOW FOR THIS NEW COMPANY
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: XX% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %)
EXPECTED JUMP MOVE: 12-15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
We recently compiled a report on the 20 states with the most guns per capita in the US and in this article we will look at the state that ranked at the top. The United States is one of the most unique countries in the world, as its constitution explicitly allows the population to own firearms. […]
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at American Outdoor Brands (NASDAQ:AOUT) and the best and worst performers in the leisure products industry.
(Bloomberg) — The shares of Donald Trump’s media company surged on Monday after a failed assassination attempt on the former president over the weekend boosted momentum for the so-called Trump trade across markets. Most Read from BloombergBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignAmazon Sold a Used Diaper. It Tanked a Mom-and-Pop BusinessTrump Classified Documents Case Dismissed by Florida JudgeXi Jinping’s Great Econo
After years of record gun sales, ammunition makers appear particularly poised to take advantage of a potential rise in demand.
Smith & Wesson, the only large listed firearms maker, rose more than 10% in morning trade and bullet maker Ammo gained 18%, giving a jolt to what had been a sluggish sector this year. FBI background checks, a proxy for gun sales, fell 10% in June from a year earlier. Summer is generally a slow sales period, and Smith & Wesson said last month it was discounting to shift some units.
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