
Smith & Wesson posted record first-quarter sales with a 39% increased compared to the same period last year. This is a company to watch with its recent acquisition of Thompson/Center Arms, the 150-year-old company shows no signs of shooting blanks in the marketplace. Firearm sales were up 55.2% and handgun sales at retail locations spiked 41%.
Comments
Any ideas what is causing the increase in gun sales?
Posted by: Bryan | September 20, 2007 08:34 PM
My guess is since the acquisition of TC, S&W is reporting combined sales numbers. Also it is not clear if law enforcement sales are included in the sales figures. I recently heard S&W pistols were chosen by the Columbus, Ohio Police and Dallas/Fort Worth International Airport Police Convert. They opted for the M&P40.
Posted by: swampyankee | September 21, 2007 07:05 AM