New York, NY - June 29, 2012 (Investorideas.com Newswire, www.homelanddefensestocks.com) Investorideas.com, a leader in sector research for independent investors issues a trading alert for NASDAQ top percentage gainer this morning, Smith & Wesson Holding Corporation (NASDAQ:SWHC), trading at $8.05, up $1.16 or (16.84%) as of 10:15AM EDT on over 2.4 Million shares . The Company reported “Record Fourth Quarter and Full Year Fiscal 2012 Financial Results” in news yesterday.
Net sales from continuing operations for the fourth quarter were a record $129.8 million, up 27.7% from the fourth quarter last year. The increase was driven by strong sales of M&P™ polymer pistols and M&P modern sporting rifles.
Record Fiscal Fourth Quarter 2012 Net Sales from Continuing Operations of $129.8 Million, Up 27.7% Year-Over-Year
Record Fiscal Fourth Quarter 2012 Income from Continuing Operations of $17.8 Million or $0.27 per diluted share
Record Annual Fiscal 2012 Income from Continuing Operations of $26.4 Million or $0.40 per diluted share
Record Annual Units Produced
Record Annual Cash Generated
Company Issues Fiscal 2013 Financial Outlook
Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement, and consumer markets. The company's brands include Smith & Wesson®, M&P™ and Thompson/Center Arms. Smith & Wesson facilities are located in Massachusetts and Maine. For more information on Smith & Wesson, call (800) 331-0852 or log on to www.smith-wesson.com.
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