• About Elkhart County Grassroots Hub

Elkhart County Grassroots Hub

Elkhart County Grassroots Hub

Tag Archives: Packaged Food

Smith & Wesson Stock: Absolutely Exploding!

07 Friday Sep 2012

Posted by HattieBelle in 2nd Amendment, economy, Firearms, Gun Control, Gun Ownership, Guns, Investment, Investments, NRA, weapons

≈ 2 Comments

Tags

2nd Amendment, Ammo, Arsenal, Batteries, FBI, Federal Bureau of Investigation, Guns, July, New York, Packaged Food, Preppers, Smith, Smith Wesson, SWHC, Water, Wesson

The attached chart of Smith & Wesson REVENUES needs no comment. (Chart from Zerohedge.)

Want to talk about a high margin business? The official sponsor of the gold rush of 1849, Smith & Wesson  (NYS: SWHC)  just reported an absolutely explosive quarter.

Revenues shot up over 48% to a record $136 million. Gross sales margins were nearly 38% due to increased volume on highly profitable lines and solid relationships with suppliers. From a year ago, net income went from $2.3 million to $18.9 million. Apparently, people spent the last quarter preparing their arsenals for… well, people were preparing their arsenals.

Very few businesses can gauge their product demand by consulting the FBI, but gun companies can. The sharp increases in revenue and unit sales are directly tied to a sharp increase in FBI background checks.

The company had a $392 million backlog at the end of July, and 2013 guidance was increased, so don’t think this gun-slinging corporation is done taking names quite yet.

SMITH & WESSON STOCK REPORT

Related articles
  • Smith & Wesson Shoots Higher on Big Boost to Forecast (blogs.barrons.com)
  • Thursday’s Big After-Hours Stock Movers (ADNC, AAPL, BLOX, MFRM, SWHC, RGR) (247wallst.com)
  • Smith & Wesson shares pop on higher outlook (marketwatch.com)
  • Business is Booming for Smith & Wesson (dprogram.net)
  • Smith & Wesson Sales Surge 28%, Shares Explode Higher (SWHC) (businessinsider.com)

Recent Posts

  • Holy Cow! The war on milk…
  • Corruption is Legal in America
  • Indiana candidates Stutzman & Young debate for US Senate Seat

Archives

  • April 2016
  • March 2016
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • September 2012
  • August 2012
  • July 2012
  • June 2012

About Elkhart County Grassroots Hub

  • About Elkhart County Grassroots Hub

2012 Election 2013 Activism American Bill of Rights Civic Engagement Civil Rights Community Community Service Event Community Services Compassion Constitution economy Education Elkhart Elkhart County Events Family times Food GOP Health Care Hoosier Indiana Jackie Walorski Neighbors Obamacare Politics Richard Mourdock Tea Party Volunteer
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Apr    
  • RSS - Posts
  • RSS - Comments

Create a free website or blog at WordPress.com.

Cancel
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy