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The Latest Breaking News from Smith Wesson

Trump's Steel Tariffs Impact Gunmaker Smith & Wesson's Gross Margin In Q1, Company Expects Continued Impact In Q2

Gunmaker Smith Wesson Brands Inc. (NASDAQ:SWBI) reported Thursday that steel tariffs by the Donald Trump administration cut into its profitability last quarter and are expected to continue squeezing margins. The company posted a net loss for its first fiscal quarter despite what it called robust demand for new products.

Benzinga

Smith & Wesson Stock Falls on Earnings Miss, Tariff Woes

Smith & Wesson stock dropped after a weak earnings report, but strong seasonal demand could limit the downside risk at January lows

MarketBeat

Second Amendment Roundup: S&W Sí, Mexico No

“The AR–15 is the most popular rifle in the country.”

Reason

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Supreme Court strikes down Mexico’s lawsuit against US gun manufacturers

Mexico’s government had argued that negligent gun sales have fuelled its struggles against cartels and criminal groups.

Al Jazeera

Supreme court strikes down Mexico’s lawsuit against US gunmakers

Lawsuit alleged that Smith & Wesson and Interstate Arms aided the illegal trafficking of firearms to drug cartels

The Guardian - US

Second Amendment Roundup: Supreme Court Should Resolve Proximate Cause in S&W v. Mexico

Illinois court shows need to lay the issue to rest.

Reason

February Gun Sales Plunge, Outlook Weak, Firearms Maker Says

Gun sales fall in February as demand drops under Trump administration. Smith & Wesson stock tumbles after earnings.

Investors Business Daily

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Mexico Aims To Reshape the U.S. Firearm Industry by Suing Gun Makers

The Supreme Court will decide whether this threat to the Second Amendment is legally viable.

Reason

Supreme Court questions Mexican lawsuit over US gun companies - Roll Call

The Supreme Court during oral arguments Tuesday appeared ready to rule against the Mexico's legal push against U.S. gun manufacturers.

Roll Call

Mexico Takes Step To Curb Source of Domestic Violence— Firearms Coming From the U.S.

Mexico filed two lawsuits earlier this year against American gun manufacturers and stores to curb the flow of firearms down the border.

Latin Times

Second Amendment Roundup: Supreme Court Grants Cert in Mexico v. Smith & Wesson

A cartel-dominated state blames America’s lawful gun industry for its violence.

Reason

US supreme court will rule on $10bn suit Mexico filed against US gun makers

Mexico argues negligence from makers such as Colt and Glock has led to gun trafficking to drug cartels and criminals

The Guardian - US

Stocks Muted Before the Open With U.S. Economic Data in Focus

September S&P 500 E-Mini futures (ESU24) are down -0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as market participants awaited a new round of U.S. economic data, with particular attention on the ADP National Employment figures.

Barchart

Stocks Muted Before the Open as Investors Await U.S. Economic Data

Barchart

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Fortune

Gun and ammo shares jump after Donald Trump assassination attempt

After years of record gun sales, ammunition makers appear particularly poised to take advantage of a potential rise in demand.

The Independent UK

Family of great-grandfather gunned down in Highland Park sues Smith & Wesson over his horrific death

‘The defendants made a few hundred dollars selling the Shooter his M&P 15. It cost the Uvaldo family everything,’ the complaint states

Barchart

Election Season on the Horizon: Should You Buy This Dividend Stock?

This dividend-paying legacy firearm player is expecting strong demand during this presidential election season.

The Independent UK

Maine shooter’s family raised mental health alarm five months before mass shooting

Robert Card was also previously denied purchase of gun silencer

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The Independent UK

Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee

Smith & Wesson has opened its new Tennessee headquarters

Barchart

Smith & Wesson (SWBI) Is Merely Reloading for Even More Action

Although Smith & Wesson easily ranks as one of the most controversial entities in this country, investors shouldn’t be quick to ignore the rise of SWBI stock.

The Guardian - US

Nashville shooting: what it reveals about Americans’ love of military-style guns

Assault firearms with ‘phenomenal lethality’ have flooded the US market, with firms making more than $1bn profit in the last decade

Chicago Sun-Times

Biden calls for scrutiny of gun makers marketing weapons to minors

A civil suit filed in last year’s Highland Park July 4th massacre asserts a gun company’s marketing influenced the alleged parade shooter.

Chicago Sun-Times

Taking gun manufacturers to court can save lives

The gun industry and its allies for too long have helped to spread carnage while ducking responsibility.

Daily Mirror

Victims of mass shooting that killed seven file lawsuit against suspected gunman's dad

The plaintiffs in the case which include the amilies of people killed as well as survivors still suffering from their wounds blame the alleged shooter's dad for s for sponsoring his son’s gun permit

The Independent UK

Highland Park shooting survivors sue gun manufacturer Smith & Wesson

Smith & Wesson is among the companies facing suits

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