Smith and Wesson Shoots Record Results, Announces Buyback As Shares Pop Higher
June 13, 2013 at 16:46 PM EDT
Gun maker Smith and Wesson (NASDAQ: SWHC ) reported preliminary fourth quarter and fiscal year results that beat estimates. Shares popped over 7 percent after-hours as the company also announced a debt exchange and a $100 million share buyback, more than one-sixth of the market cap. Fourth Quarter Results Smith and
