(GunReports.com) — Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC) recently announced financial results for its fiscal 2012 third quarter ending January 31, 2012.
- Net sales from continuing operations for the third quarter of $98.1 million were up 23.8% from the third quarter last year. The increase was driven by strong sales of M&P handguns, M&P sporting rifles, and all Smith & Wesson personal protection and concealed carry pistols.
- Gross profit for the third quarter was $30.0 million, or 30.6% of net sales, compared with gross profit of $19.4 million, or 24.5% of net sales, for the same period last year.
