Here is a business that is doing just fine…

Good news at Smith & Wesson.

Smith & Wesson just announced record financial results. From the company’s press release put out after the market close:

    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, including M&P™ branded products, such as pistols, modern sporting rifles, and the recently launched Shield™ pistol designed for concealed carry and personal protection.

Not only that, but they think the future is equally confident…for gun sales at least.

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One Response to Here is a business that is doing just fine…

  1. Jim22 says:

    It’s not just S$W, either. Ruger had to shut off orders for a while this year to catch up with demand. Ammunition, too is racing off the shelves.

    http://pjmedia.com/blog/gun-ammo-sales-skyrocket-in-wake-of-obama-reelection/2/

    Then, too, there is the new phenomenon of online bulk sellers of ammo. Places like:

    http://www.luckygunner.com/bulk-ammo#rid=bobo&bid=ce80b2d1

    And

    http://www.bulkammo.com/

    Lucky Gunner.com specializes in orders in excess of 25,00 rounds per month.

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