Thursday, March 3, 2016

Demand For Guns Going Through The Roof -- Business Insider -- March 3, 2016

Business Insider is reporting that Smith & Wesson just reported a blockbuster quarter and says demand for guns is going through the room.
The gunmaker beat analysts' expectations for revenues and profits, as firearm sales were more than even the company had anticipated.
Smith & Wesson posted revenues on Thursday of $210.8 million, beating the estimate for $179 million. Adjusted earnings per share (EPS) came in at $0.59, versus $0.41 expected.

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