Posted on 09/09/2009 8:56:38 PM PDT by blueglass
Smith & Wesson President and CEO, Michael F. Golden, said, "Ongoing consumer demand for handguns and tactical rifles fueled our strong growth and allowed us to deliver record financial results in the first quarter. Higher production levels in our Springfield factory allowed us to capture additional revenue in the quarter, and a focus on controlling costs helped translate that revenue into profitability."
Golden continued, "In addition to robust growth in our firearms segment, we began a new and exciting chapter in our history by entering the large and rapidly growing security market with our acquisition of USR, a leader in perimeter security solutions. There is tremendous commonality between the reputation for reliable security and safety that is held by both Smith & Wesson and USR. This is a significant step in the evolution of Smith & Wesson, which is becoming a broader-based provider of safety and security products and services. In the short time that has passed since we closed the transaction, USR has delivered strong results, winning new customers, and delivering record monthly revenue in August."
Firearm sales increased for the first quarter by $21.7 million, or 29.6%, over the comparable quarter last year. Sales of pistols increased 14.5%, as we addressed
(Excerpt) Read more at news.prnewswire.com ...
Yes, if you want to strike it rich in the Obama depression, invest in gun manufacturers, ninja throwing stars, whatever chemicals it takes to make plastique in your garage, pointed sticks etc. etc. etc.
Viva la revolucion!
No, seriously... how do you make plastique in your garage? :)
Omama has topped Clintoon in pushing firearms sales in the USA. Ammo has also flown off the shelves. If the American people ever decide to rebel, they will be packing lots of heat.
They will be moving manufacturing and headquarter over seas now that this information leaked out. Obama will not let these obcene and greedy profits go unfettered. It isn’t fair.
Wait a minute. These guys sell guns! This industry should be taken over by the government.
(Sarcasm)
Tee Hee Ping
Here we are, normal people with families and jobs who have built this country and we actually have to read up on how to make thermite. Thanks Obama!
I do not know, but I know that there have been a lot of Muzzies die making "mother of satan" (explosive). I do not recommend you attempt that.
You’re suggesting uranium? Hmmmm... technically more difficult but I like the cut of your jib there, slugger. You savage bastard. :)
Lead, as gold, is a good investment.
I was once invited to joint a club by a friend of mine that worked at Kurtland AFB. When I asked my friend about what type of club he was inviting me to be a charter member of he replied “the Kill a Commie A Day Club”, and snickered.
He played with the big stuff in the Pacific. Nice fellow and he loved weapons.
Very good electronic tech. Past that I do not know much about his background.
Ham friend of mine.
Seriously I spent some time studying the Manhattan Project and that was an enormous undertaking. At the time the most complex manufacturing effort ever assembled. Parts of the project were all over the country. Hanford Works, TVA Project, Los Alamos, Univ. Chicago, Univ in Ames Iowa
That industry is still “scattered”. We still have “enough” to do the job.
Wow, imagine what S&W’s profits would be if they still made decent guns!
Want to hear something funny? This is a true story, I bought my first gun the other day- never owned a gun in my life- I am still in my “cooling off period” -ha, so anyway, I’m at the gun store, and the owner asked me what I wanted the gun for. So I said, “oh, home protection”, and then I chuckled, and I said “and the comning revoltion”, and he got really serious, and stared at me for a minute. He said- “I’ll be back in a minute”, and he went into a back room. I was actually kind of spooked, thought he was going to turn me in or something, but he came back with a handmade CD with the “Obama Deception” movie on it, and some really interesting articles. I thought that was funny. It reminded me of the french underground. I should start wearing a little beret.
But yes, I agree that we have lots of good people, lots of older guys from the space program, engineers, veterans, trainers, all sorts of great guys. Look at the other side— the liberals have a coalition of illegals who have a combined IQ of about 40, gays who couldn’t fight their way out of a paper bag, criminals, the unemployable and the stupid. I figure it would take about 10 minutes. The metrosexual Alan Alda’s in charge would fold faster than Superman on laundry day. It’s not like we’re fighting the red coats. They were actually clever.
Yes, and most of our Military officers and a good portion of the State and Local police (excluding Barney Fife) will never ever under any circumstance move against our citizens.
No more Waco’s, Ruby Ridge’s or even New Orleans (gun grab).
It will not happen.
In Texas I thing the military would open the armory doors and say go get them.
It will not happen as long as Patriots still draw a breath.
“Nex ut Tyrannus” “Death to Tyrants”
I have bought 5 new guns since April of this year. Two S&W’s. What did you get?
I got a .357 actually. And they told me to buy up as much ammo as I could get, because it was going fast. Ha
Pretty much every revolution in history has hinged upon which side had control of the military. I agree that so many of our good brothers and sisters, so many fine and wonderful people are there that most “battles” would just turn into family reunions. The miltary isn’t our enemy, their family.
whoops, they’re, sheesh
I know how to do an explosive like they used OK City, I learned it from a couple of National Guardsmen many years ago.
Great you will love it! Which make? size of barrel? I have two .357s, a S&W Model 27 and Colt King Cobra. I have lots of ammo and several suppliers.
They are Family.
A few years back I spent my 2 week vacation during 2 consecutive summers teaching an electronic class at Dyess AFB (from TSTC). It was a review course for the GROL license exam.
I do not remember a time that I enjoyed more. We did a lot of work, but they were great guys. They found out pretty quick that I had one objective, to get them through the exam. And we did a thorough job.
We would go outside when the decided for a smoke break and often watch the B-2’s doing night take-offs. Awsome.
For just short of 20 years I ran a NAVY MARS Station and handled health & welfare traffic for the Navy and Marine Corp. That was pre cell phone and internet. All HF traffic. I still take pride in an award I received from a Rear Admiral for 15 years of service.
Yes, I love the U.S. military personnel.
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