Gun Sales Surge: S&W up 48%

**4V50 Gary** · December 7, 2012, 11:10 PM

S&W sales are up 48% from the second quarter last year. Link I know Ruger also had record sales and announced a dividend of over $4 a share. Who says the current administration isn't pushing the economy? (OK, so it's not the type of thing they want to push). I'm glad these American based firms are doing well for themselves. More guns the better.

David13 · December 7, 2012, 11:34 PM

Yes. I think Colt also is going to double their output this year, from just a year or two ago.
dc

FoghornLeghorn · December 7, 2012, 11:56 PM

Not going to last apparantly.

http://blogs.marketwatch.com/thetell...n-wall-street/

Quote:

The recent run-up echoes a jump in gun stocks after the 2008 election on jitters surrounding tighter gun control. But the latest rally appears to be over.

DaleA · December 8, 2012, 07:45 PM

Perhaps part of the 'problem' from the business folks point of view is that guns last a long, long time.

When folks in the general public, not the gun aficionados, think they need a gun and then they buy a gun, then they’ve GOT the gun and they don’t buy more. (You see they’re not like US here at TFL at all.) In the general public there might not be a lot of repeat business and the market may become saturated.

On the other hand, maybe lots of folk will start shooting, find out what a great sport/recreational activity it can be and buy more guns. Although even if this happens I wonder if there isn't some kind of 'saturation' point.

Also with the current boom in sales, and good profits maybe the gun makers invest in themselves and come out with even more and different guns or even go back and make some popular reproduction guns. Certainly Ruger and S&W to name a couple have been pretty innovative over the last few years.

Crankgrinder · December 9, 2012, 01:34 PM

This does not surprise me, obama gets re-inaugurated in jan. Things are quiet till then and people are still flipping over this guy. Noticed the gun bar busier than usual at accademy the other day. one guy filling out the forms and twelve more all around him, six more at the other end also. Very crowded though in groups like this usually about two people will hand over the money that day, the rest just lookyloos. Still crowded nonetheless.

TheNatureBoy · December 9, 2012, 01:54 PM

I think the POTUS is good for the gun business. I know there is a lot of concern about our gun rights and attempts to take them away but last time I checked...... Guns flying off the shelf is a good thing.

leadchucker · December 9, 2012, 07:05 PM

As far as S&W, they've currently got a product that they can't make enough of to satisfy demand.

Tried to buy a Shield lately?

LockedBreech · December 10, 2012, 01:41 AM

^ I generally have good luck checking out harder-to-find guns. Just the other day, my LGS had multiple Ruger SR1911s, Remington 1911R1s, and some of the harder-to-find Sig Sauer variants like the P938 and P238 SAS.

I still have never even SEEN a shield. They had one in the blue cardboard box for a customer, but it wasn't mine so I couldn't paw it.

December 7, 2012, 11:10 PM	#1
4V50 Gary Staff Join Date: November 2, 1998 Location: Colorado Posts: 21,833	Gun Sales Surge: S&W up 48% S&W sales are up 48% from the second quarter last year. Link I know Ruger also had record sales and announced a dividend of over $4 a share. Who says the current administration isn't pushing the economy? (OK, so it's not the type of thing they want to push). I'm glad these American based firms are doing well for themselves. More guns the better. __________________ Vigilantibus et non dormientibus jura subveniunt. *Molon Labe!*

December 9, 2012, 01:54 PM	#6
TheNatureBoy Senior Member Join Date: September 6, 2007 Posts: 1,204	I think the POTUS is good for the gun business. I know there is a lot of concern about our gun rights and attempts to take them away but last time I checked...... Guns flying off the shelf is a good thing. Last edited by Shane Tuttle; December 9, 2012 at 07:35 PM. Reason: Not if it stays on point...

December 10, 2012, 01:41 AM	#8
LockedBreech Senior Member Join Date: July 6, 2009 Location: Rocky Mountain West Posts: 3,395	^ I generally have good luck checking out harder-to-find guns. Just the other day, my LGS had multiple Ruger SR1911s, Remington 1911R1s, and some of the harder-to-find Sig Sauer variants like the P938 and P238 SAS. I still have never even SEEN a shield. They had one in the blue cardboard box for a customer, but it wasn't mine so I couldn't paw it. __________________ 16 Pistols, 5 Rifles, 1 Shotgun, no time to shoot them

December 7, 2012, 11:34 PM	#2
David13 Senior Member Join Date: November 2, 2012 Location: Los Angeles Posts: 243	Yes. I think Colt also is going to double their output this year, from just a year or two ago. dc

December 8, 2012, 07:45 PM	#4
DaleA Senior Member Join Date: September 12, 2002 Location: Twin Cities, MN Posts: 5,313	Perhaps part of the 'problem' from the business folks point of view is that guns last a long, long time. When folks in the general public, not the gun aficionados, think they need a gun and then they buy a gun, then they’ve GOT the gun and they don’t buy more. (You see they’re not like US here at TFL at all.) In the general public there might not be a lot of repeat business and the market may become saturated. On the other hand, maybe lots of folk will start shooting, find out what a great sport/recreational activity it can be and buy more guns. Although even if this happens I wonder if there isn't some kind of 'saturation' point. Also with the current boom in sales, and good profits maybe the gun makers invest in themselves and come out with even more and different guns or even go back and make some popular reproduction guns. Certainly Ruger and S&W to name a couple have been pretty innovative over the last few years.

December 9, 2012, 01:34 PM	#5
Crankgrinder Senior Member Join Date: July 24, 2011 Location: Texas Posts: 917	This does not surprise me, obama gets re-inaugurated in jan. Things are quiet till then and people are still flipping over this guy. Noticed the gun bar busier than usual at accademy the other day. one guy filling out the forms and twelve more all around him, six more at the other end also. Very crowded though in groups like this usually about two people will hand over the money that day, the rest just lookyloos. Still crowded nonetheless.

December 9, 2012, 07:05 PM	#7
leadchucker Senior Member Join Date: March 5, 2011 Location: NC Posts: 252	As far as S&W, they've currently got a product that they can't make enough of to satisfy demand. Tried to buy a Shield lately?