Extra charges for Outdoor drive Smith & Wesson into a loss

Smith Wesson

A $98.7 million goodwill impairment charge for its Outdoor Products & Accessories division, whose spin-off should be completed in August, led the newly named Smith & Wesson to book a net loss of $66.1 million for the fourth quarter ended on April 30, compared with net income of $9.8 million ...

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