Smith & Wesson Brands Inc Analyst Day (Virtual) Transcript

Jun 18, 2021 / 01:00PM GMT
Mark Peter Smith - Smith & Wesson Brands, Inc. - President, CEO & Director

All right. We'll get started. Thanks, everybody, for joining us. All right. So our safe harbor statement that I won't go through but is available on our website and very important. If anybody is interested, please make sure you review that.

So with that, we'll get into it. So we'll start off, before we get into the meat of the presentation, with a little bit of review of last year. So as we talked about on the earnings call last night, an absolutely tremendous financial results for the year for us. So first year ever, surpassing $1.1 billion -- or $1 billion of sales, nearly $1.1 billion first year in the -- first time in a 169-year history of the company and did that just in firearms last year. So absolutely tremendous and impressive results from Smith & Wesson team here.

And as impressive or perhaps even more impressive was cash generated. So $317 million in cash generated from operations and pretty astounding EBITDAS margins of nearly 35%.

So I just want to touch on this. I know we covered

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