4 votes

Smith & Wesson Posts 48% Increase In Second Quarter Sales As Demand Surges For All Firearm Products

Smith & Wesson Posts 48% Increase In Second Quarter Sales As Demand Surges For All Firearm Products

By Gregory Gwyn-Williams, Jr.
December 7, 2012

U.S. firearms manufacturer Smith & Wesson reported a 48 percent increase in sales in its announcement of the company's second-quarter financial results for fiscal year 2013.

The company's press release read:

"Net sales from continuing operations for the second quarter were a record $136.6 million, up 48.0% from the second quarter last year. The increase was led by continued strong sales across all of the company's firearm product lines."

As CNSNews.com previously reported, gun sales have surged since the reelection of Barack Obama, reaching an all-time single day record on Black Friday this year with 154,873 background checks completed by the FBI.

Read more: http://cnsnews.com/blog/gregory-gwyn-williams-jr/smith-wesso...




Like this article? Get DP delivered to your inbox daily. Subscribe here:

E-mail address:  

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I got me

a Beretta about a month ago.

emalvini's picture

Berrettas have a tendency to jam if you don't keep them very

clean..

I like my S&W Model 19. It has very little kick, fits like a glove and has much better stopping power..

My brother, who is a police officer in Washington State, recommended the S&W using 38+ P's over the Beretta 9mm...

Just remember to always keep your Berreta very, very clean..

And look at what their stock did today

I'm going with manipulation.

God grants liberty only to those who love it, and are always ready to guard and defend it. – Daniel Webster

emalvini's picture

Smith & Wesson Holding Corp.

Smith & Wesson Holding Corporation

NASDAQ: SWHC - Dec 7 4:00pm ET
9.92-0.93‎ (-8.57%‎)
After Hours: 9.83-0.09‎ (-0.91%‎)