Smith & Wesson: Current Increase In Consumer Demand For Firearms Is In Many Ways Unparalleled"

During a conference call with investors Smith & Wesson chief executive Mark Smith stated:

The current increase in consumer demand for firearms is in many ways unparalleled

The firm reports a widening of its customer base, a 141% increase in sales for the first fiscal quarter of this year over last, and a new all time record for product shipped in a quarter with 584,000 firearms shipped. Despite the booming numbers, Smith offered a caution all too familiar to North Americans this year:

We're into one of those surges where the industry's ability to supply is outstripped by the demand

One Response to “Smith & Wesson: Current Increase In Consumer Demand For Firearms Is In Many Ways Unparalleled"”

  1. Summer of 2012 IMHO was more of "bank run" on these. For a brief time there was no ammo of any description (not even .22) to be had at just about any price in USA.

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