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Smith & Wesson Brands, Inc. (SWBI) Q4 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Good day, everyone and welcome to the Smith & Wesson Brands Fourth Quarter and Full Fiscal 2026 Financial Results Conference Call. This call is being recorded. And at this time, I would like to turn the call over to Kevin Maxwell, Smith & Wesson’s General Counsel, who will give us some information about today’s call.

Kevin Maxwell
Senior VP, General Counsel, Chief Compliance Officer & Secretary

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Thank you and good afternoon. Our comments today may contain forward-looking statements. Our use of the words anticipate, project, estimate, expect, intend, believe, and other similar expressions are intended to identify forward-looking statements. Forward-looking statements may also include statements on topics such as our product development, strategies, market share, demand, consumer preferences, inventory conditions for our products, growth opportunities and trends, and industry conditions in general. Forward-looking statements represent our current judgment about the future and are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed or implied by our statements today.

These risks and uncertainties are described in our SEC filings, which are available on our website, along with a replay of today’s call. We have no obligation to update forward-looking statements.

We reference certain non-GAAP financial results. Reconciliations of GAAP financial measures to non-GAAP financial measures can be found in our SEC filings and in today’s earnings press release, each of which is available on our website. Also, when

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McDonald's: Modest P/E, Healthy Dividend, And Value Meals Driving Comps Growth

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Arcos Dorados Comparable Results Are Way Lower Than On The Surface (NYSE:ARCO)

McDonald's: Modest P/E, Healthy Dividend, And Value Meals Driving Comps Growth

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Top 5 Golden Boot Contenders for 2026 World Cup as Stars Chase Scoring Glory

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Argentina captain Lionel Messi scored a penalty and hit the woodwork with a freekick but was denied three times by fine saves from Chile goalkeeper Claudio Bravo

As the 2026 FIFA World Cup unfolds across North America, the race for the Golden Boot — awarded to the tournament’s top scorer — is shaping up as one of the most compelling storylines, with established superstars and emerging talents vying for individual honors in a 48-team competition that promises more opportunities for goals than ever before.

The expanded format has increased the number of matches, giving forwards additional chances to accumulate goals. Early group stage performances have already highlighted several players positioned to challenge for the prestigious award. While predicting the Golden Boot winner remains difficult due to form, fitness and team success factors, a handful of names stand out based on recent international scoring records, physical attributes and historical World Cup performances.

Here are the top five candidates to win the 2026 Golden Boot, ranked by current form and tournament outlook.

1. Kylian Mbappé (France)

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The French superstar enters the tournament as a clear favorite after breaking records and becoming France’s all-time leading scorer. Mbappé’s explosive speed, clinical finishing and ability to perform under pressure make him a constant threat. His brace in France’s 3-1 opening win over Senegal demonstrated the form that has made him one of the world’s most feared attackers.

Mbappé’s pace allows him to exploit spaces behind defenses, while his improved finishing in recent seasons has addressed previous criticisms. As France aims for back-to-back titles, Mbappé’s role as the focal point of the attack positions him perfectly to challenge for the Golden Boot. His experience in major tournaments and ability to score in crucial moments give him a distinct edge.

2. Erling Haaland (Norway)

Norway’s talisman has already made a strong impression in his World Cup debut, scoring twice in a 4-1 victory over Iraq. Haaland’s physical presence, aerial ability and predatory instincts in the box have long made him a goal-scoring machine at club level, and his international form suggests he could translate that success to the global stage.

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With 57 international goals in roughly 50 caps, Haaland’s efficiency is remarkable. Norway’s attacking setup is built around creating opportunities for their star striker, and a favorable group could allow him to accumulate significant tallies. If Norway advances deep into the tournament, Haaland’s goal threat could prove decisive in both group and knockout stages.

3. Lionel Messi (Argentina)

The defending champions’ talisman showed he remains a potent force with a hat-trick in Argentina’s 3-0 win over Algeria. At nearly 39 years old, Messi continues to defy expectations, blending vision, technique and leadership to create and convert chances. His hat-trick performance equaled a significant World Cup scoring milestone and reinforced his status as one of the tournament’s greatest-ever players.

While age and physical demands present challenges, Messi’s football intelligence and ability to influence matches without relying solely on pace keep him among the top contenders. Argentina’s strong squad provides the support needed for Messi to focus on scoring and creating, potentially allowing him to chase another individual honor in what may be his final World Cup.

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4. Harry Kane (England)

England’s captain and all-time leading scorer enters the tournament with strong recent club form and a proven record in major competitions. Kane’s aerial prowess, link-up play and clinical finishing make him a complete center forward capable of scoring from various situations. His eight World Cup goals place him close to England’s all-time record, and another strong tournament could see him claim the Golden Boot.

England’s organized setup and talented supporting cast create numerous opportunities for Kane. If the Three Lions advance deep into the knockout stages, his goal-scoring ability could prove vital. Kane’s experience and leadership add intangible value, helping elevate teammates during high-pressure matches.

5. Cristiano Ronaldo (Portugal)

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The five-time Ballon d’Or winner continues chasing history, aiming to become the first player to score in six World Cups. Ronaldo’s positioning, mental strength and experience in major tournaments make him a perennial threat despite his age. His recent club form and international contributions demonstrate he remains capable of delivering in crucial moments.

Portugal’s squad provides Ronaldo with quality service, and the team’s tactical flexibility allows him to focus on goal-scoring opportunities. While fitness management will be important, Ronaldo’s desire to make history and his proven ability to rise to the occasion keep him in contention for the Golden Boot.

Factors Influencing the Golden Boot Race

The expanded 48-team format increases the number of games, offering more opportunities for scorers to accumulate goals. However, it also means tougher competition and greater physical demands across the tournament. Team success often correlates with individual awards, as players on advancing teams have more matches to score.

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Injuries, tactical roles and opposition strength will influence final tallies. Strikers on teams with strong attacking setups and creative midfielders tend to have higher goal tallies. Weather conditions across North American venues and fixture congestion could also affect player performance.

Historical trends show that Golden Boot winners often come from teams that reach at least the quarterfinals. Consistent scoring across group and knockout stages is essential, making players on favored teams like France and Argentina particularly well-positioned.

Historical Context and Notable Past Winners

The Golden Boot has been claimed by football legends including Just Fontaine, Gerd Müller, Gary Lineker and Kylian Mbappé in recent tournaments. These players combined individual brilliance with team success, often delivering in crucial matches. Messi and Ronaldo have both come close in previous World Cups, adding narrative weight to their current pursuits.

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The award carries significant prestige, with winners earning global recognition and boosting their legacies. For veterans like Messi and Ronaldo, claiming the Golden Boot in 2026 would represent a crowning achievement in already extraordinary careers.

Outlook for the Remainder of the Tournament

As group stages progress, the Golden Boot race will intensify. Early leaders like Mbappé and Haaland have set high standards, but consistency and team progression will determine the ultimate winner. Emerging talents from surprise packages could also enter the conversation if their teams advance unexpectedly.

The 2026 World Cup’s expanded format and global audience ensure the Golden Boot race will captivate fans worldwide. Whether a veteran superstar like Messi or Ronaldo claims the honor or a younger player like Mbappé or Haaland emerges triumphant, the competition promises memorable moments and individual brilliance.

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The tournament is still in its early stages, but the performances of top forwards have already provided excitement and set high expectations for the weeks ahead. As teams battle for advancement, the quest for the Golden Boot adds another compelling layer to soccer’s greatest spectacle.

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Positive Breakout: These 14 stocks cross above their 200 DMAs

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The Economic Times

In the Nifty500 pack, 14 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 17, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:​

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SpaceX shares decline for first time since blockbuster debut

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SpaceX shares decline for first time since blockbuster debut
New York: SpaceX shares fell for the first time since their record-setting IPO on Wednesday, snapping a three-day rally that had briefly made Elon Musk’s rocket and AI company more valuable than Amazon.com Inc.

The stock dropped as much as 7.3%, after rising as much as 6% earlier in the session. Even so, shares remained nearly 50% above their $135 IPO price. The decline threatened to push SpaceX back below Amazon in the rankings of the world’s most valuable companies.

“Long story short, I think this is just noise so far,” said Michael Monaghan, partner and portfolio manager at Founder Funds, which owns SpaceX shares. “If it really got hit more, we’d probably add.”

Analysts attributed the sharp swings partly to SpaceX’s limited free float, with only about 4.2% of shares available for trading at the IPO. The expiry of insider lockups in the coming months could add downward pressure as more shares enter the market.

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“Perhaps we’re seeing a rotation from one Elon-linked trade into another, with SpaceX increasingly viewed as the cleaner AI and tech exposure,” Vanda said in a note.


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United VET, uni system talks ongoing

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United VET, uni system talks ongoing

A stronger connection between vocational training and traditional tertiary pathways in education remains a focus.

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Has Trump achieved his goals in the war with Iran?

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Has Trump achieved his goals in the war with Iran?


Has Trump achieved his goals in the war with Iran?

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NSW Seeks Series Victory Over Queensland at MCG Tonight

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Maroons Level State of Origin Series with 44-24 Comeback Win

MELBOURNE — New South Wales has the chance to regain the men’s State of Origin shield when it takes a 1-0 series lead into Game II against Queensland at the Melbourne Cricket Ground on Wednesday evening, with the Blues aiming to clinch the series and deny the Maroons a decider on home soil.

The highly anticipated interstate rivalry returns to Victoria for the second match of the 2026 series, with NSW coach Laurie Daley making several changes due to injuries while Queensland coach Billy Slater maintains a largely similar lineup. The Blues enter with momentum after a strong Game I performance, but Queensland remains a dangerous opponent capable of forcing a decisive third match in Brisbane in three weeks.

State of Origin Game II is scheduled to kick off at 8:00 p.m. AEST at the MCG, with live coverage available across major Australian networks and streaming platforms. Fans can follow real-time updates, statistics and radio commentary as two of rugby league’s fiercest rivals battle for supremacy.

NSW Team Changes and Strategy

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Daley has been forced into adjustments after injuries to centre Stephen Crichton and Penrith’s Casey McLean. Tolutau Koula shifts from the wing to centre, partnering Kotoni Staggs, while Mark Nawaqanitawase makes his Origin debut on the wing. Mitchell Moses returns to five-eighth after missing Game I, with Ethan Strange moving to the bench.

Dylan Lucas earns his Origin debut in the second row, and Payne Haas returns from injury to start at prop. Apisai Koroisau and Jack Bostock join the bench. The Blues will rely on Nathan Cleary’s leadership at halfback and a strong forward pack to control the middle and create opportunities for their backline.

NSW’s Game I victory demonstrated their attacking flair and defensive resolve. With home advantage at the MCG and a series lead, the Blues will look to apply early pressure and capitalize on Queensland’s mistakes. Daley has emphasized the importance of maintaining intensity for 80 minutes, knowing Queensland’s ability to fight back in big matches.

Queensland Lineup and Approach

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Slater has kept changes minimal, with Max Plath dropping to the bench, Reuben Cotter moving to lock, and Briton Nikora starting in the second row. Reece Walsh and Murray Taulagi replace injured or dropped players, adding dynamism to the backline.

The Maroons will rely on experienced leaders like Cameron Munster, Harry Grant and Tino Fa’asuamaleaui to inspire a response. Slater’s side is known for its resilience and ability to perform under pressure, particularly when facing elimination scenarios. Queensland’s focus will be on neutralizing NSW’s attacking threats while exploiting any fatigue in the Blues’ forward pack.

The Maroons’ Game I loss highlighted areas needing improvement, particularly in defensive structure and finishing. Slater will demand a more disciplined performance, with set-piece execution and counterattacking speed key to keeping the series alive.

Historical Rivalry and MCG Significance

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The State of Origin rivalry remains one of Australian sport’s greatest spectacles, blending intense competition with state pride. NSW leads the all-time series, but Queensland has produced memorable comebacks. Playing at the MCG adds another layer, with the venue’s history of hosting major events creating an electric atmosphere for players and fans.

Victoria’s neutral ground status often produces high-quality, hard-fought matches. Both teams have strong supporter bases in Melbourne, ensuring a passionate crowd that will add to the occasion. The MCG’s large capacity and excellent facilities provide the perfect stage for Game II.

Key Players to Watch

For NSW, Nathan Cleary’s creativity and goal-kicking accuracy will be crucial. James Tedesco’s leadership at fullback and the forward pack led by Payne Haas and Isaah Yeo provide the platform for success. Kotoni Staggs and Tolutau Koula’s centre partnership offers strong attacking potential.

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Queensland’s hopes rest heavily on Cameron Munster’s playmaking and Kalyn Ponga’s attacking threat at fullback. Harry Grant’s hooker work and Tino Fa’asuamaleaui’s forward dominance will be vital in winning the battle up front. Reece Walsh’s inclusion adds speed and unpredictability to the backline.

Tactical Outlook and Predictions

NSW is favored to secure the series with a strong performance at the MCG, but Queensland’s pride and desperation make them dangerous. The Blues will likely aim for early dominance through forward pressure and structured attack, while the Maroons will look for opportunities on the counter and through set-piece plays.

Weather conditions in Melbourne could influence tactics, with potential rain favoring forward battles. Both coaches have prepared their teams for a physical contest, with fitness and discipline expected to play major roles in the outcome.

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A NSW victory would secure the series and provide bragging rights, while a Queensland win would force a decider in Brisbane, keeping the rivalry alive for another match. The result will have significant implications for player confidence and future selections.

Broader Context in Rugby League

State of Origin remains the pinnacle of domestic rugby league, showcasing the best talent Australia has to offer. The 2026 series has already delivered excitement, and Game II promises more as both teams fight for supremacy. The outcome will influence perceptions heading into the NRL season and international competitions.

For players, Origin selection and performance carry career-defining weight. Young debutants like Nawaqanitawase and Lucas have the opportunity to make their mark, while veterans like Tedesco and Munster aim to add to their legacies.

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The MCG’s hosting reinforces Victoria’s growing importance in the rugby league calendar, bringing the sport to new audiences and strengthening its national footprint.

As kickoff approaches, anticipation builds for what promises to be a memorable State of Origin clash. NSW seeks to capitalize on its series lead and home-state advantage in Victoria, while Queensland fights to keep its title hopes alive. The MCG will provide the backdrop for another chapter in one of Australian sport’s greatest rivalries.

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Ford, NASCAR launch military tribute campaign for America’s 250th year

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Ford, NASCAR launch military tribute campaign for America's 250th year

Ford Motor Company and NASCAR are revving up a new tribute to U.S. service members and military families.

The companies are joining forces during America’s 250th anniversary year to launch a military-focused campaign anchored by a new Veterans Day race and a limited-edition Super Duty Proud to Honor package that will support Blue Star Families, a nonprofit serving military and veteran families.

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Ford and NASCAR are unveiling the campaign Wednesday during a tribute event aboard the USS Midway in San Diego, where they will be joined by actor and Marine Corps veteran Rob Riggle, Blue Star Families, Zac Brown Band and more than 1,500 members of the local military community.

Nick Ford, director of corporate strategy at Ford Motor Company and the great-great-grandson of Henry Ford, told FOX Business the effort builds on the automaker’s long history of supporting those who serve.

FORD RECALLS MORE THAN 255,000 FOCUS VEHICLES OVER ENGINE STALL RISK

proud-to-honor-event-uss-midway

A graphic promotes Ford, Ford Racing, NASCAR and Blue Star Families’ “Proud to Honor” event celebrating military families, featuring a special performance by Zac Brown Band and guest host Rob Riggle at the USS Midway Museum in San Diego. (Ford Motor Company)

“From day one, supporting the military community has been a huge priority for us,” Nick Ford said. “… We have always tried to show up for our country and for those who serve.”

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At the center of the campaign is the “Proud to Honor Veterans Day Classic,” scheduled for Nov. 11, 2026.

The first-of-its-kind race will feature Ford Mustang Dark Horse R race cars and Ford Racing drivers in a tribute honoring all six branches of the U.S. military. The event will also include a concert headlined by Zac Brown Band, with additional performers expected to be announced.

Nick Ford said the company wanted to bring together its racing business and its military support efforts as the U.S. marks its 250th anniversary.

“It is going to be a really special day,” Nick Ford said.

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HOW CUTTING ONE COSTLY HABIT COULD SAVE SMALL BUSINESSES THOUSANDS ON FUEL: EXPERT

Tim Clark, executive vice president and chief brand officer at NASCAR, told FOX Business the partnership reflects a shared commitment between the racing organization and Ford to recognize military families and veterans.

“Being able to put a marquee event on a holiday like that… that’s kind of core to [what] NASCAR is,” he said. “… I think it’s a great way to bring that community together.”

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Ford is also using the campaign to debut a limited-edition Super Duty Proud to Honor package, available on F-250, F-350 and F-450 models. 

The trucks will feature red, white and blue styling, darkened exterior trim and black wheels, with a portion of proceeds going directly to Blue Star Families.

TRUMP ADMINISTRATION TAPS AUTOMAKERS TO BOOST WEAPONS PRODUCTION IN WWII-STYLE PUSH

USS Midway Museum and downtown is seen along San Diego Bay

Ford and NASCAR are unveiling the campaign during a tribute event aboard the USS Midway in San Diego. (K.C. Alfred / The San Diego Union-Tribune via Getty Images)

Later this week, Ford Philanthropy will host a Ford Driving Skills for Life program for local military teens, focused on helping young drivers build critical safety skills behind the wheel.

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The announcement follows another Ford campaign tied to the nation’s 250th anniversary.

Earlier this year, the Michigan-based automaker launched its “American Value. For American Values” campaign, offering employee pricing to all U.S. customers on most new 2025 and 2026 Ford and Lincoln vehicles through July 6.

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Form 4 Alphabet Inc Class A For: 17 June

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Form 4 Alphabet Inc Class A For: 17 June

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ClearBridge Small Cap Growth Fund Q1 2026 Commentary

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ClearBridge Small Cap Growth Fund Q1 2026 Commentary

ClearBridge Small Cap Growth Fund Q1 2026 Commentary

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