SWBI revenue up 32% YoY; net income turns positive
SWBI net sales rose 32.3% year-over-year to $112.6 million, while net income was $2.6 million, reversing a prior-year loss. Growth was attributed to demand, new products and a $2.9 million tariff refund.
Net sales rose 32.3% year-over-year to $112.6 million, with net income of $2.6 million reversing a prior-year loss.
Growth was driven by strong demand, new products, and a non-recurring $2.9 million tariff refund, while inventory and capital expenditures increased to support future demand.Original…