Smith & Wesson Q3 FY2026: The Market Correction May Be Maturing

Summary

Smith & Wesson reported strong Q3 FY2026 financial results, with net sales of $135.7 million, a 17.1% increase year-over-year, and gross margins improving to 26.2%. The company successfully implemented a 3% price increase in January with no consumer pushback, indicating a maturing market correction. Management projects Q4 FY2026 revenue to grow 10-12% year-over-year.