Smith & Wesson shares sink after Q4 rev, EPS drop

Shares of firearms maker Smith & Wesson Brands SWBO.O down 13% in after the bell trading following its fiscal Q4 financial report

Co reported net sales of $140.8 mln, down 11.6% from year-ago quarter while adj EPS of $0.20 fell from $0.48 in Q4 year-ago

CEO Mark Smith said in statement that Q4 was more difficult than anticipated "largely due to macro-economic and industry trends"

Consumers "generally being cautious due to macro-economic factors pressuring discretionary spending," he said

Stock last traded at $9.46 after ending regular session up 3.7% at $10.88. YTD, stock up ~8% based on last close

Shares in rival Sturm Ruger & Co RGR.N co off 1% in late trade at $37.71