View Post

“Trump Slump”: American Outdoor Brands Sees 48.5% Drop in Firearms Revenue

In News & Opinion by TWANGnBANG

American Outdoor Brands, owner of Smith & Wesson, just reported a nearly $100 million fall in firearms revenue for second quarter FY2017 compared to the same quarter last year. ¬†Shipments of long guns were down 57% and shipments of handguns were down 35%, resulting in a 40% drop in overall revenue year-to-year. Chief Executive James Debney told shareholders that the …