Net income rose 78% to $76,882,000 in the fiscal first quarter ended July 31, from $43,301,000 last year on a 20% gain in revenue to $274,609,000 over $229,885,000. The fifth straight record breaking quarter in sales, the revenue growth lapped last year’s triple-digit gains for a two-year CAGR of nearly 170%. The top line does not include the former outdoor segment which was spun into American Outdoor Brands on Aug. 24, 2020, lapping the final quarter in which the segment was reported. SWBI saw signs of a return to normal seasonality with more recreation markets reopening, resulting in channel partners ... Log in to view full article.