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Keyword: smithandwesson

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  • Nuns buy Smith & Wesson shares, then sue to stop production of AR-style rifles

    12/07/2023 2:56:08 PM PST · by Salman · 48 replies
    The Washington Post ^ | December 7, 2023 | Washington Post Staff
    A coalition of Catholic nuns has filed a lawsuit against gunmaker Smith & Wesson, calling for the company to stop producing AR-style rifles, which the women claim are “the weapon of choice for numerous mass murderers.” The lawsuit, filed Tuesday in a Nevada district court, alleges that Smith & Wesson has repeatedly ignored “red flags” and failed to respond appropriately to mass shootings in the United States. The lawsuit references some of the deadliest mass killings in recent U.S. history — including at a movie theater in Aurora, Colo., in 2012; a high school in Parkland, Fla., in 2018; and...
  • Smith and Wesson celebrates opening of $125m HQ in gun-friendly Tennessee - after moving from longtime home in Massachusetts

    10/07/2023 11:50:27 PM PDT · by Libloather · 31 replies
    Daily Mail ^ | 10/08/23 | Rachel Bowman
    Gun manufacturing giant Smith & Wesson hosted a grand opening of its $125 million new Tennessee headquarters after moving from its longtime home in Massachusetts. The company built a new 650,000-square feet office in Maryville as part of a relocation plan announced in 2021. The gunmaker had been located in Springfield, Massachusetts, since the mid-19th century, but hoped to move to a more gun-friendly state. 'From where I stand, the next 170 years of Smith & Wesson are looking pretty good. It is something special here in Tennessee,' President and CEO Mark Smith said at Saturday's grand opening. Smith &...
  • Smith & Wesson sued over link to July 4 parade mass shooting

    09/28/2022 11:43:45 AM PDT · by Oldeconomybuyer · 43 replies
    The Associated Press ^ | September 28, 2022 | By KATHLEEN FOODY
    CHICAGO (AP) — The gun-maker Smith & Wesson illegally targeted young men at risk of violence with ads for firearms — including the 22-year-old gunman accused of opening fire on an Independence Day parade in suburban Chicago and killing seven people, according to several lawsuits filed Wednesday in Illinois. The lawsuits filed by people wounded while attending the Highland Park parade and the estates of several victims are the latest bid by victims of mass shootings to hold gun manufacturers accountable, despite broad protections for the industry in federal law. Liz Turnipseed is among those filing lawsuits in Lake County...
  • Smith & Wesson fires back at politicians demonizing gun makers, Second Amendment

    08/16/2022 9:33:18 PM PDT · by PROCON · 23 replies
    foxbusiness.com ^ | August 16, 2022 | Bradford Betz
    Smith & Wessons slammed politicians and the media for supporting policies that have led to a rise in crime like defunding the policeSmith & Wesson took to Twitter to hit back at politicians and the media for suggesting that the gun manufacturer – and not the policies they support – were responsible for rising crime rates nationwide.The company said politicians and the media have "vilified and undermined" law enforcement, supported prosecutors with policies some label soft on crime, and have generally promoted a culture of lawlessness, yet have the "audacity" to blame Smith & Wesson and other firearm manufacturers "for...
  • [WATCH] One American Gun Manufacturer Is Fighting Back Against the Left's Wrath

    06/26/2022 1:14:58 PM PDT · by ShadowAce · 53 replies
    PJ Media ^ | 26 June 2022 | Gwendolyn Sims
    Like many businesses, America’s gun manufacturers are feeling the deleterious effects of Bidenflation. Gun manufacturers, however, are additionally subject to the left’s ire and misplaced wrath over “gun violence.” After most horrific shooting tragedies, that wrath comes with the inevitably hysterical demands to ban “assault” guns and add even more stringent federal regulations on gun ownership while simultaneously vilifying all gun owners along with the entire gun industry and its workers. At long last, one American gun manufacturer, Smith & Wesson, has had enough. Smith & Wesson — one of America’s oldest gun manufacturers since 1852 — is hitting back...
  • American manufacturers race to relieve a pandemic-triggered ammo shortage

    11/25/2021 9:11:42 AM PST · by Right Wing Vegan · 62 replies
    The Economist ^ | Nov 27 2021 Edition
    Soaring demand for guns and ammunition comes from a range of demographic groups Just two companies, Vista Outdoor and Olin Corp, meet the bulk of America’s demand for ammunition, and chiefly through two long-established brands. Remington, part of Vista, was founded in 1816, and Winchester Ammunition, owned by Olin Corp, started in 1866. Because of soaring demand for bullets, both firms are enjoying the sort of heady growth that only new businesses usually enjoy. Three times a day, queues of pick-up trucks appear outside Remington’s ammunition plant on the outskirts of Little Rock, Arkansas, to bear away the fruits of...
  • Smith & Wesson to Relocate Headquarters to Tennessee

    09/30/2021 7:51:50 PM PDT · by Trump20162020 · 13 replies
    Smith & Wesson ^ | September 30, 2021 | Smith & Wesson
    SPRINGFIELD, Mass., Sept. 30, 2021 /PRNewswire/ -- Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), one of the nation's oldest firearms manufacturers, announced today that it is moving its headquarters and significant elements of its operations to Maryville, Tennessee in 2023. Smith & Wesson has been based in Springfield, Massachusetts since the company was incorporated in 1852.Mark Smith, President and Chief Executive Officer, said "This has been an extremely difficult and emotional decision for us, but after an exhaustive and thorough analysis, for the continued health and strength of our iconic company, we feel that we have been left...
  • Smith & Wesson announces ‘highest quarter ever on record,’ first billion-dollar year in its history

    06/18/2021 5:23:34 PM PDT · by DFG · 55 replies
    Just the News ^ | 06/18/2021 | David Payne
    Storied U.S. gun manufacturer Smith & Wesson this week announced a record-setting fiscal year amid an ongoing gun-and-ammunition frenzy in the United States that has persisted since last year. Company CEO Mark Smith said in a company earnings call on Thursday that the gun manufacturer in the past fiscal year "surpass[ed] $1 billion in sales for the first time in our 169-year history." Smith said the company also posted "fourth quarter revenue of nearly $323 million," which he said was "the highest quarter ever on record and marks the fourth consecutive record-breaking quarter for the company."
  • Check Out The Best 5 Handguns Currently On Planet Earth

    06/23/2020 9:49:47 AM PDT · by PROCON · 149 replies
    nationalinterest.org ^ | June 23, 2020 | Kyle Mizokami
    All are excellent weapons for defense, and in some cases offense; they are equally at home in a homeowner’s gun safe or carried as an officer’s sidearm.Here's What You Need To Remember: Locked away behind the Iron Curtain and unable to secure contracts with the Czechoslovakian government, the CZ 75 failed to gain adherents until the fall of the Berlin Wall in 1989. Today the pistol is available in an updated form, the CZ 75BD, featuring a firing pin safety, decocking lever and underbarrel accessory rail, and available in a variety of midsized handgun calibers.The bustling global arms trade has...
  • WSJ: Funds Stick With Stocks of Gun Companies

    11/10/2019 9:49:23 AM PST · by rktman · 9 replies
    newsmax.com ^ | 11/6/2019 | Staff
    U.S.-based open-end mutual funds and exchange-traded funds reportedly own nearly a third of the stock in America’s two publicly traded gun companies, even as Main Street investors are avoiding such shares. The only two remaining gun-company stocks in the U.S. are Sturm Ruger (RGR) and American Outdoor Brands Corp. (AOBC), owner of gun maker Smith & Wesson. Funds hold about 30% of the two companies’ combined shares, according to data compiled in late October for the Wall Street Journal by fund tracker Morningstar Inc. There are some 201 funds invested in one or both of the companies, mostly small-cap funds,...
  • Smith and Wesson (S&W) Rebate Ad shows enemy states (with exception of Alaska)

    08/12/2017 9:37:35 PM PDT · by MeneMeneTekelUpharsin · 27 replies
    www.smith-wesson.com ^ | 12 August 2017 | Mene Mene Tekel Upharsin
    Smith and Wesson (S&W) has been offering a rebate on some of its firearms. The interesting note is that magazines and ammo can NOT be sent to the following states: Alaska, California, Colorado, Connecticut, District of Columbia, Hawaii, Illinois, Maryland, Massachusetts, New Jersey, and New York With the exception of Alaska (Don't know why that state will not allow shipment of mags & ammo), all of the states listed are known to be hotbeds of radical, leftist ideology. The ad confirms that fact. Those states are the enemy of conservative ideology.
  • After 164 Years, Smith & Wesson is (Probably) Changing its Name

    11/21/2016 11:27:36 AM PST · by Rio · 75 replies
    Wide Open Spaces ^ | 11/18/2016 | Eric Nestor
    CNN Money has reported that Smith & Wesson might be in for a name change. Why would this 164-year-old gun business want to change it’s name now? “We believe that changing our corporate name to American Outdoor Brands Corporation will better reflect our strategic focus on the shooting, hunting, and rugged outdoor markets,” Smith & Wesson stated. Will the changing of Smith & Wesson‘s name to American Outdoors Brand change S&W forever? Only time will tell.
  • What the 2016 election could mean for your gun rights

    11/11/2016 3:37:40 PM PST · by PROCON · 41 replies
    guns.com ^ | Nov. 10, 2016 | Greg Camp
    President Obama told the country that elections have consequences, and 2016 will emphasize this point. Donald Trump will be the next president, and Republicans will retain control of both the House of Representatives and the Senate, albeit with a slimmer margin. More than that, the GOP controls thirty-one governorships, with two more likely, and the party has made gains in state legislatures. If that latter fact lasts past 2020, Republicans will redraw the district maps after the census, potentially solidifying control of the U.S. House. And if they can get their act together, they also stand in good chance...
  • Obama's Legacy Will Be Executive Overreach

    01/05/2016 6:14:16 PM PST · by Kaslin · 29 replies
    The Federalist ^ | January 5, 2016 | David Harsanyi
    Obama can't do much on guns, but he has mainstreamed a dangerous idea about governing.Over the winter break I finally got around to binge-watching “Parks and Recreation.” In case you missed the show's seven-year run, it's about a fascistic, small-town councilwoman who believes it's a politician's job to impose her notions of morality, safety, and decency on everyone, no matter what voters want or what the system dictates. She is justifiably recalled by the people of her town after attempting to regulate portion sizes at fast food restaurants, but ends up running a federal office where she can do big...
  • Here's Why Shares of Gunmaker Smith & Wesson Are Jumping

    01/05/2016 7:19:27 AM PST · by KeyLargo · 34 replies
    Forbes ^ | January 5, 2015 | Robert Hackett
    Here's Why Shares of Gunmaker Smith & Wesson Are Jumping by Robert Hackett January 5, 2016, 8:58 AM EST The stock is up 6% premarket. Gunmaker Smith & Wesson SWHC 12.11% is projecting an incredible start to 2016, which sent shares up more than 6% in premarket trading. The company raised its revenue and earnings guidance for the current quarter and fiscal year, based on strong sales at recent gun shows as well as an uptick in year-end FBI background checks, an indicator that potential customers are looking to obtain gun licenses. Smith & Wesson now expects sales between $175...
  • New Handgun Issued to LASD Deputies Coincided With Increase in Accidental Shootings: Report

    12/16/2015 7:09:48 PM PST · by BenLurkin · 47 replies
    ktla ^ | CNN WIRE
    Despite efforts to address the problem, the risk associated with the new Smith & Wesson M&P 9mm "remains substantial," according to the report by Los Angeles County Inspector General Max Huntsman. ... The report, an advance copy of which was obtained by CNN, found that a sheriff's department training program for deputies converting to the new gun is inadequate. "We conclude that the current training program is insufficient to overcome old habits learned on other handguns," the 52-page report states. "As a result, many deputies appear to be to undertrained for the weapon they are using."
  • Smith & Wesson in Springfield posts increase in quarterly earnings, sales figures

    03/04/2014 4:01:35 PM PST · by matt04 · 3 replies
    Gunmaker Smith & Wesson reported positive results for its most recent quarter Tuesday after the close of stock market trading. Smith & Wesson's income from continuing operations for the quarter ending Jan. 31 was $20.1 million, or 35 cents per share, up from $17.5 million, or 26 cents per diluted share, for the same time period last year, according to a news release. Net sales for the quarter were $145.9 million, up 7.1 percent from the $136.2 million same time period last year. When excluding Walther products that were sold in the prior year pursuant to a distribution agreement that...
  • IDPA Competition: "It’s Like a Lay's Potato Chip, You Can’t Just Have One"

    02/20/2014 8:17:59 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | February 20, 2014 | Katie Pavlich
    SPRINGFIELD, MASS. - After nearly 10-hours of coaching me through my first International Defensive Pistol Association Nationals, world shooting champion and Smith & Wesson Team Captain Julie Golob left the range with a smile on her face, and I did too. My first shooting competition was an overwhelming success. I shot pretty well for my first go-round, but more importantly, I got to spend time with incredibly special people who really care about sharing their sport. The match Wednesday morning started early with registration at 7 a.m. All I had to do was show up with my ammo, eyes, ears...
  • Gun Control: More Bad Economic Policy from Liberal Democrats

    02/10/2014 5:35:07 AM PST · by Kaslin · 15 replies
    Townhall.com ^ | February 10, 2014 | Michael Schaus
    States that have adopted gun control are now, in addition to killing the freedom to which Americans have grown accustomed, killing jobs. More than simply being bad public-safety-policy, gun control is shaping up to be bad economic policy. Beretta has announced that they will be moving their Maryland manufacturing facility to a state more amicable to firearm production. In an open letter, the CEO of the world famous firearm manufacturer articulated his reason for leaving Maryland in no uncertain terms: My family has operated our business from the same small town in northern Italy for 500 years. This means that...
  • Gun firms’ ‘microstamping’ protests are ‘baloney,’ law’s author says (California)

    01/24/2014 5:35:23 PM PST · by Olog-hai · 82 replies
    Los Angeles Times ^ | January 24, 2014, 7:09 a.m. | Phil Willon
    Gun makers’ objections to a California law that requires firearms to imprint a unique “microstamp” on bullet casings are “baloney” and “posturing,” said Los Angeles City Atty. Mike Feuer, who introduced the legislation while serving in the state Assembly. Feuer’s comments come as gun maker Smith & Wesson announced Thursday that it would stop selling newly designed semiautomatic pistols in California because it will not comply with the law, implemented in May 2013. The law requires some firearms to imprint a unique “microstamp” to help identify bullet casings. It is intended to help police investigators link shell casings found at...