Smith & Wesson Brands Inc

NASDAQ:SWBI   3:59:57 PM EDT
21.48
+0.14 (+0.66%)
Other Pre-Announcement

Smith & Wesson To Relocate Headquarters To Tennessee

Published: 09/30/2021 14:35 GMT
Smith & Wesson Brands Inc (SWBI) - Smith & Wesson to Relocate Headquarters to Tennessee.
Smith & Wesson Brands Inc - Moving Its Headquarters and Significant Elements of Its Operations to Maryville, Tennessee in 2023.
Smith & Wesson Brands Inc - Will Also Close Facilities in Connecticut and Missouri As Part of Consolidating in Tennessee.
Smith & Wesson Brands Inc - Process Will Result in Company Reducing Locations It Maintains From 4 to 3.
Smith & Wesson Brands Inc - Total Investment in Project is Estimated at $120 Million, Will Be Funded From Cash on Hand.
Smith & Wesson Brands Inc - Total Investment in Project is Expected to Be Accretive to EPS by $0.10 to $0.12 per Year Once Fully Operational.