February Gun Sales Plunge, Outlook Weak, Firearms Maker Says
Smith & Wesson stock tumbled early Friday after the gun maker noted softer demand with its Q3 miss on Thursday. Meanwhile, firearm sales dropped in February and the Trump administration paused issuing gun export licenses. Smith & Wesson (SWBI) reported Q3 2025 earnings of 2 cents per share adjusted, dropping from 19 cents last year. Net sales fell about 16%…