Tasty Booshers

[stock_peeker]

Comments yesterday on SWB:
Smith & Wesson Holding Corp. (SWB), re-iterated its 2005 profit outlook. The Springfield, Mass maker of firearms said it stands by its June 29 forecast of net income for fiscal 2005 in the range of $5.1 to $5.9 million, or 14 to 17 cents a share compared with $1.4 million, or 4 cents a share reported a year earlier. However, Smith & Wesson said it still believes the adoption of a share-based payment rule, will likely result in a reduction in net income for 2005 of $400,000 to $600,000, or 1 cent to 2 cents per share for 2005. Sales for the year are expected to rise 5% to $124 million from a year ago, with firearm sales forecast to rise 11% over year-ago levels. The Thomson First Call average estimate is for full-year earnings of 15 cents a share. The company said it has asked the Securities and Exchange Commission if it can push back the timing of the publication of its 2005 results until it has fully evaluated the impact of the new share-based payment rule on its results.