Net income more than doubled in the final fiscal quarter ended Apr. 30 to $26,110,000 from $12,836,000, on revenues that increased 10% to $159,148,000 from $144,777,000, driven by unit growth in both handguns and long guns. Shipments outpaced the industry as a whole, SWBI said, indicating growing market share, with sales into the sporting goods channel up 14% for long guns and up 8% for handguns. NSSF-adjusted NICS checks were down 6% and 7%, respectively. Gross margin soared 650 basis points to 35.5%, helped by new product sales and better fixed-cost ... Log in to view full article.