Posted on 06/18/2021 5:23:34 PM PDT by DFG
Storied U.S. gun manufacturer Smith & Wesson this week announced a record-setting fiscal year amid an ongoing gun-and-ammunition frenzy in the United States that has persisted since last year.
Company CEO Mark Smith said in a company earnings call on Thursday that the gun manufacturer in the past fiscal year "surpass[ed] $1 billion in sales for the first time in our 169-year history."
Smith said the company also posted "fourth quarter revenue of nearly $323 million," which he said was "the highest quarter ever on record and marks the fourth consecutive record-breaking quarter for the company."
(Excerpt) Read more at justthenews.com ...
If only I'd stayed away from that hovercraft...
VSTO is doing it.
If other established ammo makers are having problems getting components or raw materials, a start up would be completely screwed.
Fudd guns, R51.
That’s all she wrote.
Blue box with metal corners. I have a first year pre-19, made 1955 and A K-22 outdoorsman from 1933 in nickel.
Primers n powder are a beotch. I got lead and brass.
Not to mention screwing up the 870 with bad quality control after making millions.
Gee, I wonder why…..
Picked up a M&P sport II this quarter.
I have to wonder if they could get enough primers.
Which would be a huge mistake. We should be going to war with those in power ruining the lives of all Americans. It is truly sad that politicians and the money players aren't punished for their actions. And further maddening is that evil is allowed to live on this Earth for a long time, destroying the lives of millions along the way.
Cabela’s had Winchester 357 Ammo yesterday - box of 50 = $49.95
They sold out in minutes.
Yep.
Smith & Wesson has been our best supplier through this whole gun rush/
I have sold hundreds.
I have a box of S&W ammo.
LOL! :)
80’s right?
If I’m not mistaken, the S&W M&P Shield has sold over 1,300,000. They hit a grand slam with that model.
VSTO was a great buy a year ago at <$13.
It’s done more than a 3 bagger already to nearly $42.
That gusto is already in the cake.
I’d already be cashing out.
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