Smith & Wesson Posts Lower Profit On Weaker Rifle Demand
August 26, 2014 at 16:22 PM EDT
Smith & Wesson Holding Corp. , citing lower demand for rifles and shotguns, reported late Tuesday a fiscal first-quarter 2015 profit of $14.6 million, or 26 cents a share, compared with $26.5 million, or 40 cents a share, a year ago.
