BSA1
member
I am surprised this escaped comment. I certainly didn't expect it.
The traditional economic view is demand for a product will greatly decrease after a period of panic buying. This will lead to overstock on store shelves and sluggish sales resulting in lower profits causing manufacturers and retailers lowering the price to move their stock. We are seeing this in the sales of AR rifles and components.
The traditional view would also hold this theory to be true with other firearms, especially ones intended for self-defense. However Smith and Wesson announced this week the it sees “recent, positive trends” in the consumer firearm market and that’s likely to translate into higher profits for the gun maker.
The company feels so confident that it’s raised its sales and earnings targets for 2015 above what all Street has been banking on. 2015 sales are matching sales in 2013.
http://money.cnn.com/2015/04/15/inv...ncrease-stock/index.html?section=money_latest
The traditional economic view is demand for a product will greatly decrease after a period of panic buying. This will lead to overstock on store shelves and sluggish sales resulting in lower profits causing manufacturers and retailers lowering the price to move their stock. We are seeing this in the sales of AR rifles and components.
The traditional view would also hold this theory to be true with other firearms, especially ones intended for self-defense. However Smith and Wesson announced this week the it sees “recent, positive trends” in the consumer firearm market and that’s likely to translate into higher profits for the gun maker.
The company feels so confident that it’s raised its sales and earnings targets for 2015 above what all Street has been banking on. 2015 sales are matching sales in 2013.
http://money.cnn.com/2015/04/15/inv...ncrease-stock/index.html?section=money_latest