Last $13.19 USD
Change Today -0.04 / -0.30%
Volume 724.1K
SWHC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

smith & wesson holding corp (SWHC) Key Developments

Smith & Wesson Holding Corporation Announces Executive Changes

Smith & Wesson Holding Corporation announced that it has hired Andrew Coccari, Jr. to fill the newly created position of Senior Vice President of Sales and Marketing, effective August 11, 2014. Coccari joins the organization from Dorel Industries, where he served as Senior Vice President of Strategic Growth Initiatives for Cannondale Sports. In his role with Smith & Wesson, Coccari will lead in all aspects of the company's sales and marketing activities. The appointment occurs in conjunction with the announced retirement of Senior Vice President of Marketing and International Sales, Mario Pasantes, scheduled to take place in calendar 2015.

Smith & Wesson Holding Corporation Reaches Civil Settlement with Securities and Exchange Commission for 2010 Inquiry Stemming from Department of Justice Investigation

Smith & Wesson Holding Corporation announced that it has reached an approximate $2 million civil settlement with the Securities and Exchange Commission related to a 2010 inquiry stemming from a Department of Justice investigation which was later dropped by the DOJ. The company consented to the settlement without admitting or denying the findings of the inquiry.

Securities and Exchange Commission Charges Smith & Wesson Holding Corporation

The Securities and Exchange Commission charged Smith & Wesson Holding Corporation with violating the Foreign Corrupt Practices Act (FCPA) when employees and representatives of the U.S.-based parent company authorized and made improper payments to foreign officials while trying to win contracts to supply firearm products to military and law enforcement overseas. Smith & Wesson, which profited by more than $100,000 from the one contract that was completed before the unlawful activity was identified, has agreed to pay $2 million to settle the SEC's charges. The company must report to the SEC on its FCPA compliance efforts for a period of two years.

Smith & Wesson Mulls Acquisitions

Smith & Wesson Holding Corporation (NasdaqGS:SWHC) intends to pursue acquisitions. Smith & Wesson has priced $75 million aggregate principal amount of 5% Senior Notes due 2018 in a private placement to qualified institutional buyers. The net proceeds from the initial issuance of the Notes are expected to be used for general corporate purposes, which could include vertical integration opportunities, capital investments, acquisitions, and repurchases of the company's common stock.

Smith & Wesson Holding Corporation Announces Pricing of Private Placement of Senior Notes

Smith & Wesson Holding Corporation announced that it has priced $75 million aggregate principal amount of 5.000% Senior Notes due 2018 in a private placement to qualified institutional buyers. The sale of the Notes is expected to close on or about July 15, 2014, subject to customary closing conditions. The Notes were priced to investors at 100.00% of their principal amount. The net proceeds from the initial issuance of the Notes are expected to be used for general corporate purposes, which could include vertical integration opportunities, capital investments, acquisitions, and repurchases of the company's common stock. The Notes have not been registered under the Securities Act of 1933, as amended or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and state securities laws.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SWHC:US $13.19 USD -0.04

SWHC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Kimberly-Clark Corp $108.57 USD +0.11
Sturm Ruger & Co Inc $50.44 USD -0.22
View Industry Companies
 

Industry Analysis

SWHC

Industry Average

Valuation SWHC Industry Range
Price/Earnings 9.0x
Price/Sales 1.2x
Price/Book 4.4x
Price/Cash Flow 7.9x
TEV/Sales 0.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SMITH & WESSON HOLDING CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.