Smith & Wesson Brands, Inc. (SWBI) Q4 2024 Earnings Call Transcript | Old North State Wealth News
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Smith & Wesson Brands, Inc. (SWBI) Q4 2024 Earnings Call Transcript

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Smith & Wesson Brands, Inc. (NASDAQ:SWBI) Q4 2024 Earnings Conference Call June 21, 2024 5:00 PM ET

Company Participants

Kevin Maxwell – General Counsel
Mark Smith – President & Chief Executive Officer
Deana McPherson – Chief Financial Officer

Conference Call Participants

Mark Smith – Lake Street Capital
Matthew Raab – Craig-Hallum

Operator

Good day, everyone, and welcome to Smith & Wesson Brands, Inc. Fourth Quarter and Full Fiscal 2024 Financial Results Conference Call. This call is being recorded.

At this time, I would like to turn the call over to Kevin Maxwell, Smith & Wesson’s General Counsel, who will give us some information about today’s call.

Kevin Maxwell

Thank you, and good afternoon.

Our comments today may contain forward-looking statements. Our use of the words anticipate, project, estimate, expect, intend, believe and other similar expressions are intended to identify forward-looking statements. Forward-looking statements may also include statements on topics such as our product development, objectives, strategies, market share, demand, consumer preferences, inventory conditions for our products, growth opportunities and trends and industry conditions in general.

Forward-looking statements represent our current judgment about the future and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied by our statements today. These risks and uncertainties are described in our SEC filings, which are available on our website along with a replay of today’s call. We have no obligation to update forward-looking statements.

We’ll reference certain non-GAAP financial results. Our non-GAAP financial results exclude a gain from the sale of certain intangible assets, costs related to an accrued legal settlement, relocation expense and other costs. Reconciliations of GAAP financial measures to non-GAAP financial measures can be found in our SEC filings and in today’s earnings press release, each of which is available on our website. Also, when we reference EPS, we

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