Tag Archive: Smith & Wesson Hits Record Sales

Smith & Wesson Hits Record Sales

                  Smith & Wesson finished its fiscal year with colossal profits as the demand for new firearms surges nationwide. The storied firearms company released a yearly financial report Tuesday showing astronomical sales figures and a favorable future outlook. Net sales for the recent fourth quarter were almost $180 million, an increase of over 37% from the same quarter last year. For the full fiscal year, net sales reached over $587 million, an increase of over 42% compared to the previous year. Even after increasing production capacity, Smith & Wesson cannot meet ongoing… View Article