Smith & Wesson Brands, Inc. · NASDAQ:SWBI
Smith & Wesson Brands — Investor Presentation (February 2011)
14 slides from Smith & Wesson Brands's investor presentation, Feb 10, 2011
Slide 1: Michael Golden President, CEO Jeffrey Buchanan EVP, CFO February, 2011
1 Michael Golden President, CEO Jeffrey Buchanan EVP, CFO February, 2011
Slide 2: Safe Harbor
2 Safe Harbor Smith & Wesson third quarter fiscal 2011 financial results will be published on March 10, 2011 and the Company is therefore currently in a quiet period. For that reason, during this presentation and in any subsequent conversations we will not be providing any updates since our last pub
Slide 3: One Company: Two Platforms - Firearms and Perimeter Security
3 Firearms Perimeter Security Our Focus: safety, security, protection, and sport NASDAQ Global Select: SWHC One Company: Two Platforms
Slide 4: Highlights
4 Highlights Two platforms for growth: firearms, perimeter security Solid, experienced management team Diversifying revenue sources: Consumer, Professional, International 26% Revenue CAGR (2005-2010) Innovative products in both firearms and perimeter security Providing entry to new markets Expanding
Slide 5: Experienced Management Team
5 Experienced Management Team Michael Golden, President & CEO 30+ years: senior/executive management, sales, marketing, general management, and brand management: Kohler, Stanley Works, Black and Decker, Procter & Gamble Jeffrey Buchanan, EVP & CFO 30+ years: private and public company experience in
Slide 6: A Transformation - 2005-2010
6 A Transformation - 2005-2010 From: A manufacturer of revolvers Revenues: $126M F I R E A R M S :
Slide 7: A Transformation - 2005-2010
7 A Transformation - 2005-2010 To: A global leader in firearms Rapid Total Company Growth Healthy Balance Sheet $ Diversified Portfolio Handgun Market Leader #1 F I R E A R M S :
Slide 8: Key Success Factor: Innovative New Products
8 Key Success Factor: Innovative New Products F I R E A R M S : Product Consumer Law Enforcement Government / Military International Revolvers/Pistols u Market M&P Polymer Pistols M&P Tactical Rifles Thompson / Center Arms M&P4 - Tactical Rifles u u u 2006 2006 2006 2006 2006 2006 2006 2006 2007 - -
Slide 9: Growth Drivers: Firearms
Consumer: Concealed Carry, Personal Protection Hunting: Bolt Action Rifles, Youth Market Military: RFI/RFP Activity M9 Pistol Replacement M4, M16 Tactical Rifle Law Enforcement: Sidearm replacements, upgrades Federal Government: Federal Agencies Can Now Purchase M&P40 On ATF Contract 9 Growth Driver
Slide 10: The Brand = Security & Protection
10 The Brand = Security & Protection The Brand = Security & Protection
Slide 11: USR: Proprietary GRAB System
12 USR: Proprietary GRAB(r) System Certified and field proven reduced risk vehicle barrier system Can be activated in under 1.5 seconds Cost effective: Able to span multiple traffic lanes Re-useable after impact Environmentally friendly: All electric operation Low cost of ownership Patent protected
Slide 12: SWHC: Strong Financial Performance
13 SWHC: Strong Financial Performance Fiscal Year April 30 Revenues Financial Highlights: Q2FY11: Revenue $96.3 M Gross Profit Margin 29.4% Cash $43.6 M Q3FY11: Expanded Credit Facility: $120 M Convertible Notes Exchanged
Slide 13: Convertible Note Exchange
Convertible Note Exchange 14 On December 15, 2006, we issued $80M in Convertible Notes, with a convertible price of $12.34 and a rate of 4%. The Convertible Notes could be put to the company for cash on December 15, 2011. On January 14, 2011, we authorized the exchange of up to $50M of the Convertib
Slide 14: NASDAQ Global Select: SWHC
15 NASDAQ Global Select: SWHC
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