[ek_hornbeck]

I would have thought that with the uptick in firearm and ammo purchases following the first Covid-19 lockdowns that Remington would have gotten itself out of the red. Then again, the uptick was mostly for handguns, not long arms.

[apillar]

Yeah pretty sad when a company can’t make a profit in the biggest gun market in history, that would be like a toilet paper company going bankrupt in the middle of the COVID-19 panic in April.

[Moonman62]

Everything is in short supply and selling for top price. Ammo is also hard to find. Remington must really stink these days.

[GenXteacher]

Mismanagement can kill any business.

[PapaBear3625]

Remington makes handguns too.

https://www.remington.com/handguns/

They make rifles, and shotguns. It blows my mind that they can’t get their act together to make a profit now.

[Maine Mariner]

Most of the companies that are filing for bankruptcy took on way too much debt-the interest and principal payments are a fixed cost that must be paid regardless of sales.

[Bonemaker]

There must be democrats running that company.

[Bonemaker]

There must be democrats running that company.

[Spktyr]

It’s upticked for both, but Remington doesn’t make anything anyone wants to buy any more - either in design, quality, or both.

[circlecity]

Everything Remington touches turns to crap. Marlins were some of the finest rifles in the world until Remington bought them out. Their ammo is barely above Tula.

[Monty22002]

I guess they couldn’t sell ice water in the desert.

[Roman_War_Criminal]

I smell a deep state rat trying to dry up supplies.

[Sirius Lee]

If you can’t sell a gun or ammo in this market then you deserve to go out of business.

[Zathras]

Both Remington and Colt are managed by fools.
S&W doesn’t seem to be having a problem as they sell what The People want.

Remington has 870 which hasn’t changed in 50 years.
Colt lost 1911 and AR market, stopped making the Python.
And these were their BEST products.

[Seruzawa]

Maybe if they didn’t do stuff like buy up Marlin and then drive the Brand into the ground things would be better for them. I’m glad I got my Marlin Mod 1895 before Remington raped Marlin. Great bear gun BTW.

[ameribbean expat]

https://www.abqjournal.com/1471186/firearms-manufacturer-remington-in-talks-to-sell-to-navajo-nation.html

[AAABEST]

One problem is their focus on hunting and old school products. You still see those one the racks while everything else - like the ARs and modular stuff - is selling out.

Their QC and prestige has gone way down. 15 years ago the 700 would have been my first choice for a tack-driver. Now nobody even looks a them.

[Yo-Yo]

Only a company as effed up as Remington could go bankrupt in the midst of the biggest gun sales boom in the history of the United States.

[Cobra64]

Remington should hire Gaston Glock... a marketing genius. The unwashed today believe the Glock pistol is the only handgun on the planet.

[Psalm 73]

"...reduced gun sales..."

What a pathetic excuse - with guns flying off the shelves at record rates. How the hell are they not making a profit?

[Celtic Conservative]

Any gun company going bankrupt right now is incompetent. Took me 3 hours online the other day to find ammo.

CC