Smith & Wesson Brands, Inc.

Creates leading U.S. firearms manufacturer, bringing together two iconic American brands Meaningfully expands Smith & Wesson's presence in hunting category Expected to be immediately cash accretive to full year earnings per share Aligns JDH Capital with SWBI stockholders, with JDH Capital becoming Smith & Wesson's largest stockholder and gaining board representation Maryville, Tennessee--(Newsfile Corp. - October 21, 2026) - Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), a U.S.-based leader in firearm manufacturing and design ("Smith & Wesson"), today announced that it has acquired the Savage Arms business ("Savage Arms" or "Savage") by merger from an indirect subsidiary of JDH Capital I, L.P. (together with its affiliates, "JDH").

Smith & Wesson (SWBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Bank of New York Mellon Corp purchased a new stake in shares of Smith and Wesson Brands, Inc. (NASDAQ: SWBI) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 427,046 shares of the company's stock, valued at approximately $6,423,000. Bank of

Smith & Wesson Brands, Inc. earns a Buy rating as demand and market share improve despite ongoing industry cyclicality. Q1 net sales rose 32.3% year-over-year to $113 million, with gross margin up to 28.7%, but underlying margin gains were partly driven by one-off tariff refunds. Full-year revenue guidance targets 5–7% growth, reflecting management's expectation of softer demand in the second half after a regulatory-driven Q1 surge.