Smith & Wesson Shares Surge In Pre-Market On Upbeat Sales Forecast

Smith & Wesson Holding Corp SWHC issued upbeat sales forecast. Its preliminary fourth-quarter net sales from continuing operations surged 28% to around $129 million, versus analysts' estimates of $119.8 million. Its preliminary order backlog climbed 135% to around $439 million. SWHC shares jumped 14.77% to $7.15 in pre-market trading.