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News updates from September 8: Yellen dismisses China concerns, Greek debt returns to investment grade
Smith & Wesson shares jump as sales of newly launched guns buoy results
...Smith & Wesson shares jumped more than 10 per cent in morning trade on Friday after the firearm manufacturer said sales of newly launched guns and higher prices helped it report better than forecast results...
September 8, 2023
Israel-Hamas war
Israelis queue to buy guns in aftermath of Hamas attacks
...With his oiled and shiny Smith & Wesson tucked into a concealed waistband holster, he said he had had a licence for 50 years but until now had never bothered to carry his weapon, or had to use it....
October 22, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
The Big Read
America’s Christmas shopping spree
...Several consumer-facing companies tell a similar story, with Smith & Wesson complaining at this month’s earnings announcement that sales had been hit by consumers opting for cheaper guns....
December 23, 2022
FirstFT
FirstFT: Brainard calls for Fed to hold its nerve on inflation
...Firearms manufacturer Smith & Wesson and American Outdoor Brands also report earnings. Correction: Earlier this week we incorrectly stated the date of the Lebanon presidential election....
September 8, 2022
Live news updates from September 8: Queen Elizabeth II dies, ECB raises rates by 75bp
What to watch in North America today
...Other earnings: Firearms manufacturer Smith & Wesson and American Outdoor Brands will both report earnings after the bell....
September 8, 2022
LexUS gun violence
Gun makers: a lethal product and a lacklustre business Premium content
...Smith & Wesson is up 12 per cent over the past month, but remains down nearly a third over 12 months....
June 6, 2022
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
FirstFT
FirstFT: Pressure grows on Fed to abandon guidance again
...Consumer packaged goods company Conagra and American Outdoor Brands, a maker of camping and fishing gear and previously the manufacturer of Smith & Wesson guns, also report earnings....
July 14, 2022
FirstFT
FirstFT: Powell warns recession ‘a possibility’
...Firearms manufacturer Smith & Wesson will also report earnings just weeks after two high-profile mass shootings in the US....
June 23, 2022
Live news updates from June 23: EU grants Ukraine and Moldova candidate status, US Supreme Court recognises right to carry firearms in public
What to watch in the Americas today
...Other earnings: Firearms manufacturer Smith & Wesson will report earnings after the bell, just weeks after two high-profile mass shootings in the US....
June 23, 2022
The FT ViewThe editorial board
Fatalism over guns is killing America’s children
...The same rules must apply to Smith & Wesson, American Outdoor Brands and other gun manufacturers. But America’s problem goes deeper than the scandalous availability of guns....
May 29, 2022
FT Swamp Notes
The straight line from school massacres to rigged elections Premium content
...I note that amid a near-bear market in US stocks, the share price of Smith & Wesson and other gun companies has surged since Tuesday....
May 27, 2022
Mexico
Mexico sues US gunmakers over cross-border flow of weapons
...Defendants include six US-based gunmakers — among them Smith & Wesson, Colt and Sturm Ruger — whose weapons Mexico said turn up most often on its side of the border....
August 4, 2021
ReviewFT Books Essay
Is America heading for civil war?
...& Wesson handguns, stun devices, firecrackers, handcuffs, chemicals and knives — Republican leaders breathed a sigh of relief....
May 31, 2022
John Dizard
Guns no roses for stock investors
...Smith & Wesson is also inclined to pay out cash to its shareholders....
May 7, 2021
Smith & Wesson Holding Corp
Smith & Wesson boss says US gun sales boom is ‘unparalleled’
...“The current increase in consumer demand for firearms is, in many ways, unparalleled,” Mark Smith, Smith & Wesson’s chief executive, told analysts....
September 3, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
The Top LineTom Braithwaite
Gunmakers face a recoil after their sales boom
...“I do think that this bodes very well for us into the future,” said Mark Smith, chief executive of Smith & Wesson, about the August survey....
October 9, 2020
FT CollectionsData rich: the numbers behind corporate news
Stocks gain as US closes in on election result
...Gunmaker Smith & Wesson, which has experienced “unparalleled” consumer demand this year, according to chief executive Mark Smith, suffered an initial hit to its share price on Wednesday as traders bet on...
November 6, 2020
Coronavirus
Coronavirus/firearms: of slugs and lettuce Premium content
...American Outdoor, which announced plans last year to spin off Smith & Wesson, is down 75 per cent from its 2016 peak. Sturm Ruger has lost about a third....
April 7, 2020
Corporate earnings and results
Smith & Wesson owner boosts outlook as US gun demand heats up
...Smith & Wesson’s parent company American Outdoor Brands raised its full-year outlook after booking stronger quarterly sales than forecast, as US demand for firearms has picked up in the back half of 2019...
December 5, 2019
Smith & Wesson Holding Corp
Smith & Wesson owner says split will ease banking squeeze
...Shares in American Outdoor Brands, which owns Smith & Wesson, jumped after the company set out plans to split in two, saying that banks’ reluctance to deal with firearms companies was weighing down the rest...
November 14, 2019
LexBankruptcy
Remington: bubble gun Premium content
...Shares in Smith & Wesson have more than doubled this year, taking them close to three-year highs. Sturm Ruger is closing in on its 2014 peak after advancing 70 per cent for the year to date....
July 2, 2020
Film
BingeWatch — fatale attraction of classic film noir
...Here the gun was a Colt or a Smith & Wesson, the girl was a femme fatale; Ava Gardner, Rita Hayworth, Lauren Bacall, Ida Lupino, Lizabeth Scott, Susan Hayward or one of their ilk....
August 27, 2020
Gun control
Data point to soaring US gun sales in June
...However, sales dipped after Donald Trump’s surprise win, putting pressure on many firearm manufacturers, including American Outdoor Brands, which owns Smith & Wesson....
July 2, 2020
News in-depthUS gun violence
American Outdoor’s split highlights risks for gunmakers
...Earlier this month the second-largest US gunmaker, American Outdoor Brands, announced plans to split itself in two, separating the Smith & Wesson gun unit from its outdoor products business, which sells...
November 27, 2019
ReviewFiction
When kids turn detective — the best new children’s books
...Co-written by Wilbur Smith and Chris Wakling, the novel ties in to Smith’s Courtney family saga, which spans more than 20 of his adult works of fiction....
March 6, 2020

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