Posted on 11/16/2020 8:16:00 AM PST by rktman
Vista Outdoors, the parent company of ammunition brands Federal, CCI, Blazer, and Speer (among others), announced during an earnings call last week a yearlong backlog of ammunition orders worth $1 billion.
“We currently have over a year’s worth of orders for ammunition in excess of $1 billion,” CEO Chis Metz said during the Nov. 5 call, calling the backlog “unprecedented.”
“With demand far outstripping supply and inventory levels in the channel at all-time lows, we see strong demand continuing, and this metric informs our viewpoint of what a recovery or normalization could look like,” he continued.
He added that he was providing the additional context “to convey an underlying strength and strong foundational element to our business.”
All ammunition manufacturers are feeling the squeeze of a massive spike in demand driven by the COVID-19 pandemic, social unrest, and the presidential election.
Arizona-based Ammo Incorporated reported in October that the relatively small company is facing an $80 million backlog despite operating 24 hours a day, 7 days a week.
Company CEO Fred Wagenhals named COVID, the election, and unrest as the drivers of the spike in demand in an interview with AZFamily.com.
(Excerpt) Read more at gunsamerica.com ...
Load 'em if you got 'em. Hmmmmm?! Gold or ammo?!
Nice opportunity for the antigun forces to take advantage and choke off supply.
If Captain Midnight and his cabal get in, expect multi-year backlogs.
...and these 2 think they are going to seize guns and ammo IF they actually coup President Trump (which is not going to happen) -- stupid Democrats, tricks are for kids!
SOURCE: https://unsavoryagents.com/
long lines of folks stocking up on firearms and ammunition since the election especially
That Is Hilarious!
Vista just bought Remington’s ammo division after the liquidation.
So does that mean the backlog increased? I had planned on doing an inventory this week.
Just bought 5.56 at my local Acadamy sports this morning....wasn’t cheap and limit was 3 20 rd. Boxes but they have it. Since there is a limit I sent my wife in to buy 3 more boxes.
20 rd. Box was $9.95 + tax
...it took forever to paint.... Joe kept walking off sniffing the air... and Hot Pants Harris, well...I can’t say it here...
p
I guess it’s .22 for the range and keep the rest of the powder dry for the expected BLM/Antifa and Biden supporter riots.
Breakfast of Champions
...massive spike in demand driven by the COVID-19 pandemic, social unrest, and the presidential election.
No, it is --> "massive spike in demand driven by the COVID-19 pandemic, social unrest, and the presidential election fear of communist take-over.
The leftist / marxist / fascist / communist cabal is using the first three to implement their agenda.
So if you wanted to leap into a live conflict involving the two halves of US population, you’re going to have to wait a year.
A friend of ours is an engineer at a cci plant, tasked with designing and building more 22LR equipment. They are going 24/7.
Yesterday I did a 5stage carbine match with my AK. 7.62 isnt that bad now at .34/rd. Got ammo at 2ammunition.com and laxammo.com
This is when you buy when it’s cheap, not when you “need” it.
Nice opportunity for the antigun forces to take advantage and choke off supply.
Sounds like a nice opportunity for some patriots to start up another ammo company.
A pricey bowl ‘o breakfast!
That's been the problem since Clinton started these “routine panics” during his term.
Ammo manufactures ran 24/7 trying to supply the demand and eventually (usually when demand decreased) they'd catch up—until the next scare.
The manufactures always claimed that adding manufacturing capability wasn't feasible due to the very large swings in demand.
I'd think that with the current situation, demand isn't going south for a while.
Seems to me that if a couple of companies added sufficient manufacturing capability now, they might permanently lock in a pretty decent market share.
What happened to all the ammunition Obama purchased a few years ago?
Has it been stockpiled somewhere for BLM and ANTIFA?
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