Overview

* Net income for fiscal Q2 rises to $2.4 mln, reflecting increased product sales

* Byrna ( BYRN ) fiscal Q2 revenue grows 41% yr/yr to $28.5 mln, driven by CL launch

* Company expands retail presence, adds Tucker Carlson as celebrity influencer

Outlook

* Byrna ( BYRN ) expects subdued consumer sentiment to limit near-term revenue upside.

* Company anticipates strong year-over-year growth in second half of 2025.

* Byrna ( BYRN ) plans to expand store-within-a-store concept with Sportsman's Warehouse.

* Company expects cash position to increase as inventory levels normalize.

Result Drivers

* CL LAUNCH - The introduction of the Byrna Compact Launcher drove a 41% increase in Q2 revenue, per CEO Bryan Ganz

* RETAIL EXPANSION - Expansion into Sportsman's Warehouse and company-owned stores contributed to increased sales

* DEALER SALES - Dealer channel sales increased by 106%, supported by partnerships like Sportsman's Warehouse

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.1

Q2 Net $2.43

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the aerospace & defense peer group is "buy"

* Wall Street's median 12-month price target for Byrna Technologies Inc ( BYRN ) is $37.25, about 13.3% above its July 9 closing price of $32.30

* The stock recently traded at 56 times the next 12-month earnings vs. a P/E of 35 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)