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Record sales for Smith & Wesson
CNN ^ | 6/26/13 | Aaron Smith

Posted on 06/26/2013 12:16:07 PM PDT by Nachum

NEW YORK - Barraged with a surge in demand for its firearms, Smith & Wesson is vowing to continue to ramp up manufacturing. Smith & Wesson (SWHC) reported that its gun sales jumped by 42% for the 2013 fiscal year, which ended on April 30 with record sales of $587.5 million. The company reported net income of $78.7 million more than quadrupling it´s prior-year results. Going forward, the gun maker expects to keep breaking sales records. Sales have surged for guns and ammunition ever since the presidential campaign of 2012.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: record; sales; smith; wesson
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I hear they're coming out with a new gun called "Government Union Employee":

It doesn't work and you can't fire it.

1 posted on 06/26/2013 12:16:07 PM PDT by Nachum
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To: Nachum

Well, I believe it. I know I’ve done my share of buying their top-line revolvers.


2 posted on 06/26/2013 12:19:20 PM PDT by Gaffer
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To: Nachum

LOL!


3 posted on 06/26/2013 12:21:57 PM PDT by stephenjohnbanker (The RINO/amnesty argument goes like this: 1) If we pander to Hispanics, we will save the GOP, at le)
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To: Nachum

Funny you should say that. About two years ago, I bought an EAA Bounty Hunter SA six shooter in 22LR and 22Magnum (interchangeable cylinders). The 22 Magnum worked great, but when I’d load up the 22LR with bullets, the hammer wouldn’t set. Unloaded, it worked fine....sent it back and they replaced the whole cylinder


4 posted on 06/26/2013 12:22:54 PM PDT by Gaffer
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To: Gaffer

A joke imitating life, LOL.


5 posted on 06/26/2013 12:23:44 PM PDT by Nachum (The Obama "List" at www.nachumlist.com)
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To: Nachum

LOL...does it manage to smoke and break often?


6 posted on 06/26/2013 12:23:59 PM PDT by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs stay silent.)
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To: Nachum

Amazing stock; record sales but won’t break $10/sh...very frustrating.


7 posted on 06/26/2013 12:25:12 PM PDT by CincyRichieRich (“To learn who rules over you, simply find out whom you are not allowed to criticize.” ~ Voltaire)
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To: Gaffer

S&W is a great outfit. I sent a second-hand Walther PPK to them to look at a worn trigger transfer. Single action firing was impossible, and that wasn’t in the spirit of a semi-auto. A local gunsmith wanted $65 just to look at it. I sent it to S&W, they sent the gun back fully prepared and even refunded my shipping costs to them.

I called them the next day to ask if there was an oversight, and the young woman told me there was not. When I asked how they could afford to do that, she simply responded, “Your safety and enjoyment of our product is more important than your money.”

I’ve been loyal to them ever since.


8 posted on 06/26/2013 12:26:53 PM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: rarestia

*repaired


9 posted on 06/26/2013 12:27:58 PM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: rarestia

I won’t say that I haven’t had some weird problems with some of the 15 or so (I lose track) S&Ws I own, but they always repaired them no charge if it was a workmanship, part or wear problem....


10 posted on 06/26/2013 12:34:28 PM PDT by Gaffer
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To: Nachum

lol too funny. Yes, the gentleman conducting my gun marksman class said that the “idiot in chief has been great for his business”.


11 posted on 06/26/2013 12:44:52 PM PDT by southernindymom
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To: Nachum

I have grown to like the M&P pistol line better than the Glocks.


12 posted on 06/26/2013 12:49:52 PM PDT by BobinIL
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To: Nachum

We bitter clingers.


13 posted on 06/26/2013 1:09:03 PM PDT by Daveinyork
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To: Gaffer
"....when I’d load up the 22LR with bullets...."

That's the problem. Next time try loading a cartridge that incorporates the bullet, plus powder, primer and shellcase.

Bullets are to cartridges as flour is to bread as cement is to concrete, etc. Please brush up on terminology.

14 posted on 06/26/2013 1:21:38 PM PDT by Buffalo Head (Illigitimi non carborundum)
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To: Nachum

I have owned a few of their models. The M&P15 is a very nice weapon. The Sigma series didn’t impress much. I tested one. Though it grouped and performed very well, I absolutely loathed the trigger feel.


15 posted on 06/26/2013 1:37:09 PM PDT by edpc (Wilby 2016)
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To: BobinIL

I really liked the customized backstrap feature on that line. If/when I ever replace my Glock 21, I’d seriously consider the M&P.


16 posted on 06/26/2013 1:41:30 PM PDT by edpc (Wilby 2016)
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To: edpc

With record profits, S&W is doing a stock buy back


17 posted on 06/26/2013 1:57:35 PM PDT by rstrahan
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To: Nachum

IMHO, if S&W really wants to help, they will start up an ammo plant.

For me, ammo is harder to get than guns, exactly what the FedGov wants.


18 posted on 06/26/2013 2:24:24 PM PDT by upchuck (To the faceless, jack-booted government bureaucrat who just scanned this post: SCREW YOU!)
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To: Buffalo Head

Smart ass


19 posted on 06/26/2013 2:27:04 PM PDT by Gaffer
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To: Gaffer

Far better a smart ass than a dumb ass.


20 posted on 06/26/2013 8:19:29 PM PDT by Buffalo Head (Illigitimi non carborundum)
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