Sunday, February 5th, 2023
Sunday, February 5th, 2023

Breaking News for

Sportsmen Since 1967

Indicator of Overall Firearms Market? Smith & Wesson Sales Down

Sales in Smith & Wesson’s firearm division were down 10.5
percent in the second quarter, compared with the same timeframe
last year.

The company indicated in its earnings statement that second
quarter 2009 was “a period that reflected significant strength in
industry-wide firearm sales and corresponding strong sales for the
company.”

In the second fiscal quarter of 2010, the company went on to
say, S&W sales in all handgun and tactical rifle product lines,
except premium products, were flat or lower than in the prior year
quarter “due to a more competitive environment and a trend toward
more value-oriented products. Hunting products were the exception
and increased 26.3 percent over the prior year comparable quarter
on improved sales of black powder products and the company’s new
bolt-action rifles.”

Sources: S&W Investor Release, NSSF reports

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