Gun Policy News
US Rush for Guns Boosts Smith & Wesson's Sales, Profit
31 August 2016
CNBC (USA)
Amid talks of tighter gun control and a series of tragic shootings, a pickup in demand for firearms is expected to drive double-digit gains in both sales and profits for Smith & Wesson's fiscal first quarter.
After seeing slower demand in May, "The past two months have seen a dramatic surge in U.S. firearms sales, particularly in rifles," Wunderlich Securities analyst Rommel Dionisio said in a research note.
Adjusted gun background checks, frequently used as a proxy... (GunPolicy.org)