American Outdoor Brands, formerly Smith and Wesson, reported a 48.5% decrease in firearms revenue compared with the same quarter last yearFor one of America’s largest gun manufacturers, the “Trump slump” in sales has meant a nearly $100m fall in firearms revenue compared with the same quarter last year. The long gun category includes the military-style rifles often targeted by gun control campaigners in the wake of mass shootings. Debney did highlight some areas of potential growth, including the potential for “favorable changes in legislation” when it comes to gun silencers. High-profile acts of gun violence typically prompt increased gun sales as Democratic lawmakers push for gun control reform. Despite weaker gun sales compared with 2016, America’s gun companies are not doing poorly when compared with sales numbers from years before that.

Source: The Guardian September 08, 2017 14:22 UTC