Smith & Wesson Holding Corp (SWHC.O), known for its 157-year-old handguns business, expects to nearly double its annual sales in the next three to five years, the company said in a filing. The Springfield, Massachusetts-based company which forecast $650 million in yearly sales also expects gross margins of 35 to 36 percent by that time, boosted by its acquisition of privately held Universal Safety Response Inc (USR). It posted gross margins of 29.2 percent on sales of... (GunPolicy.org)