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Smith & Wesson misfire: Rifle sales drop 50%
Fortune ^ | December 4, 2014 | Tom Huddleston, Jr.

Posted on 12/05/2014 11:21:12 AM PST by Labyrinthos

People just aren’t stocking up on firearms the way they used to.

Gun maker Smith & Wesson said on Thursday that rifle sales dropped by more than half in the Springfield, Mass. company’s latest quarter. The steep decline is part of a 22% dip in overall sales for Smith & Wesson, according to the company’s second-quarter earnings report...

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banglist
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To: publius911; All

“Still, I suspect there is a saturation point where everyone who wants a firearm has a firearm.”

I think it like any hard asset. There will always be a new/better model, an improvement in technology.

I see integrated suppressors as then next big step. We are finally overcoming the insane attitude from the Roosevelt administration 80 years ago. Remove the stupid federal tax on suppressors, and everyone will want an integrally suppressed rifle for hunting and home defense,

Preventing ordinary people from having gun mufflers never made any sense.


81 posted on 12/05/2014 3:44:35 PM PST by marktwain (The old media must die for the Republic to live. Long live the new media!)
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To: St_Thomas_Aquinas

That’s right.

It’s so bad I’ve even stopped WANTING to buy things. Maybe I could afford it; but, it just worries me to spend any money.


82 posted on 12/05/2014 3:56:44 PM PST by donna (Pray for revival.)
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To: bicyclerepair
Why would anyone buy a SW when there are far better choices?

It's not the same S&W that caved to Clinton.

The M&P pistol line is excellent. I've been a Glock fan since 1995, but 5 years ago I wanted a more natural grip angle. The M&P matches my S&W revolvers. It's a natural choice.

And Glock still has not come out with a small, concealable slimline SA series, like the M&P Shield series.

That's why.

83 posted on 12/05/2014 6:38:22 PM PST by nonsporting
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To: bicyclerepair
"they caved to klinton"

It was the British owners of S&W at the time that caved to Clinton. The company is back in American hands now and the purchase was led by a S&W manager that was pissed about that as well as other things the British owners F'd up. S&W is one of the highest quality manufacturers of pistols in the US and has been very innovative over the last decade, really cutting into glock sales with their M&P line. I competed with a glock 34 for years until I held a M&P and I will never go back. I don't know what better choices you are referring to, especially if you want to buy American.

84 posted on 12/05/2014 9:51:22 PM PST by Durus (You can avoid reality, but you cannot avoid the consequences of avoiding reality. Ayn Rand)
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To: nonsporting; bicyclerepair

For what it is worth, Chuck Hawks does think too highly of S&W: http://www.chuckhawks.com/smith-wesson_dark.htm


85 posted on 12/06/2014 5:14:40 AM PST by Labyrinthos
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