Recent Updates — SWBI

Smith & Wesson Brands completed its acquisition of Savage Arms from JDH Capital on October 21, 2026, paying approximately $42.4 million in cash and issuing roughly 9 million shares valued at a reference price of $13.62 per share. The transaction values the business at an adjusted total consideration of about $164.9 million, creating a leading U.S. firearms manufacturer with combined revenue exceeding $700 million. JDH Capital becomes the company's largest stockholder with approximately 16.7% ownership and gains board representation through the appointment of Michael Fertitta. The deal is expected to be immediately accretive to earnings per share by roughly $0.07 before synergies. Smith & Wesson Brands manufactures and designs firearms, including handguns, long guns, and suppressors.

Smith & Wesson Brands, Inc. reported its fourth quarter and full fiscal 2026 financial results via a press release dated June 17, 2026. The company is a manufacturer of firearms and ammunition.