Smith & Wesson rises after Q2 results beat estimates

Shares of gun maker Smith & Wesson SWBI.O up 2.3% at $9.12 premarket after Q2 sales, EPS beat estimates

Co posted Q2 net sales of $124.7 mln, above est. of $123.7 mln

Adj. EPS of $0.04, above analyst est. of $0.02 - data compiled by LSEG

New products drove 38.7% of quarterly sales; co expects Q3 sales to rise 8%-10% YoY

SWBI stock down 11.8% YTD, as of last close