Smith and Wesson Handgun Sales Up Nearly 30%
Dirty Harry: “We’re not going to just let you walk out of here”
Thug: “Who’s we?”
Dirty Harry: “Smith, Wesson, and me.”
Colt 44: “Bang, bang, bang, (etc.)
Love that movie!
Well, Dirty Harry is happy.
So are investors in gun/conflict sin stock Smith &Wesson (SWHC).
Smith & Wesson just released their third quarter results and, according to a BusinessInsider article entitled “Smith & Wesson Earnings”, the company has enjoyed a pretty good quarter.
In the “pretty good results” category, third quarterly net sales are up 7.1% over the same quarter last year.
But then there’s the “wow, awesome!” category: Handgun sales increased 29.9% over the same quarter last year.
Now, thugs who try to rob coffee shops stand even less of a chance!