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IPFS News Link • Gun Rights

Sales Of Firearms Are Booming In The Wake Of Obama's Attempted Gun Grab

• Prison Planet.com

President Obama is the best gun salesman in the US, without a shadow of a doubt.

As Obama continues with his plan to use executive action to enact gun control measures, Smith & Wesson, one of the largest gun manufacturers in the country, has announced that sales are through the roof.

Business Insider reports:

Management just announced it was raising its guidance because sales have been so strong.

For the three months ending January 31, it estimates it had $175 million to $180 million in sales, up from its earlier guidance of $150 million to $155 million. This new guidance is much higher than the $155 million expected by analysts.

Earnings per share are estimated to come in at $0.39 to $0.41 per share, which is way above the $0.27 to $0.29 it previously saw. Analysts were only expecting $0.29.


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