(Boursier.com) — Smith & Wesson takes 4% before trading on Wall Street, the firearms manufacturer having revealed accounts higher than expected, with a quarterly adjusted diluted EPS of 32 cents compared to a consensus of 27 cents. Net sales for the fourth quarter were $144.8 million, down 20.1% from the comparable quarter last year. Gross margin stood at 29% compared to 39.8% in the corresponding quarter of the previous fiscal year.
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