Gun Sales Surge: Smith & Wesson Announces Sales +48%

Tyler Durden's picture

Via Mike Krieger of Liberty Blitzkrieg blog,

I have maintained for quite some time that the only true “consumer confidence” statistic one should look at is that of gun sales.  The bottom line is people do not hoard guns when they are confident about the future of the country, and gun sales have never been better.  More evidence emerged as Smith & Wesson just announced record financial results.  From the company’s press released announced after the market close:

Net sales from continuing operations for the second quarter were a record$136.6 million, up 48.0% from the second quarter last year.  The increase was led by continued strong sales across all of the company’s firearm product lines, including M&P™ branded products, such as pistols, modern sporting rifles, and the recently launched Shield™ pistol designed for concealed carry and personal protection.

 

Not only that, but they think the future is equally confident…for gun sales at least.

 

The company expects net sales from continuing operations for the third quarter of fiscal 2013 to be between$126.0 million and $131.0 million, which would represent year-over-year growth from continuing operations in excess of 30.0%. The company anticipates GAAP earnings per diluted share from continuing operations of between$0.19 and $0.21for the third quarter of fiscal 2013.

Perhaps this is why Bob Costas and Piers Morgan are running around the mainstream media bashing guns.  The White House is totally freaked out about this and I guarantee you there will be a meeting about these results in D.C. shortly.

Full press release here.

 

[ZH: Cue gratuitous (and infamous) Israeli gun-toting woman in bikini]

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
otto skorzeny's picture

she used that gun later to shoot at some rock hurling Palestinian youths. also-S&W is garbage.

UGrev's picture

Here we go.. 

Well.. if we're going there, I might as well start it off.  

... 

If you're gonna throw rocks in a gun fight, you deserve to be darwin'd. 

economics9698's picture

S&W puts out a good product.  I have owned some and after a couple of hundred rounds have never had a misfire.

smlbizman's picture

....even after she put a few in me...i'd still do her....

The Alarmist's picture

Put out or shoot out, eh?

Supernova Born's picture

I see 4 buns in need of my dog.

HungryPorkChop's picture

Double dare:  Ask if you can fill up her clip. 

francis_sawyer's picture

Chicks with dicks... [There's a reason they're photographed from behind]...

Rubbish's picture

I have thousands of rounds thru my S&W model 439 and never a misfire or ejackulate problem. I double tap with the best of em.

TruthInSunshine's picture

I hate using anecdotal examples to further my thoughts, and so I typically (hopefully almost never) do not.

I just want to say that the absolute boom in firearm sales is not the least bit surprising me as it serves as further evidence of psychological insecurity by the populace. People not only believe that they'd better take matters into their own hands, big and small, as they watch deterioration all around their communities and neighborhoods.

I travel to about 7 states on at least a semi-regular basis, and since doing so, with the possible exception of the talking point "bottom" of the approximate period of 2008 to 2009, in every one of these state I travel to, with the exception of one (California, and that's only because I am really only in La Jolla and San Diego area when I'm there, which even though it took a body blow, is somewhat "sunny" if even in a transparently hollow sense), I've never seen stores so empty, people so melancholy, and such an overall degree of melancholy and seeming resignation.

I think we're in a true depression that's getting worse. I wouldn't be surprised if U3 if accurately measured (the methodology is deeply flawed) exceeds 15% and U6 (again, employing a more accurate methodology of capturing true underemployment) exceeds 25% (to put my admittedly SWAG into perspective, that would significantly exceed Shadow Government Statistics figures).

I have a sense of foreboding right now that I've never had before, not even during the 5% intraday meltdowns in the equity indexes back in 2008 (there was a sense of acute crisis back then, but now it's more akin to a sense of permanent and broader economic hopelessness).

Bad Attitude's picture

Besides gun sales, look at the booming sales in other preparedness products. People are stocking up on food and emergency supplies. Preparedness web sites and blogs are proliferating.

Anybody who isn't drinking the Dear Leader Kool-Aid knows that the economy is not doing well and is getting worse. They are personally seeing a growing discrepancy between the rosy economic news reported in the main-stream-media and what they see with their own eyes.

People also see how Dear Leader is stoking division - racial, economic, gender, etc. They know this division is not healthy for the country.

Beans, bullets, and bandages, bitchez!

RockyRacoon's picture

Sure, many folks might be prepping, but the sheer volume of the Walmart Horde could overrun any compound -- any day of the week.  If they'll crawl all over each other, threaten to shoot each other, and gouge out each other's eyes on Black Friday, imagine what they'll do to get access to your stashed food.  Hunger trumps Chinese chotchkies every time.  Got enough ammo?  How's your aim?

ironsky's picture

A few turkey fryers might come in handy for boiling oil.

The Alarmist's picture

You might need that oil to run the generator.  BTW, make sure you buy a diesel generator.

Ginsengbull's picture

Just don't let anyone know that you have food.

 

The best prepper, is the one that's not on the tv show.

N. B. Forrest's picture

Where I come from it's the WalMart crowd that has the guns.  I think you need to specify which "Walmart Horde" you are talking about.  The Walmart hordes in the red states keep guns and hate the feds as much as anyone on this site.  So I assume you are talking about the Long Island Walmart folks. 

N. B. Forrest's picture

Where I come from it's the WalMart crowd that has the guns.  I think you need to specify which "Walmart Horde" you are talking about.  The Walmart hordes in the red states keep guns and hate the feds as much as anyone on this site.  So I assume you are talking about the Long Island Walmart folks. 

Kobe Beef's picture

Dear Rocky,

IEDs. We're not fucking around anymore.

Cheers,

Beef

MachoMan's picture

I think the increase in gun/ammo sales is mostly explained through a desperate attempt at get rich quick speculation by the herd (obama will ban gun X, therefore I must buy gun X) and, even if a failed endeavor, still provides a modest inflationary hedge.  For many parts of the country, guns and ammo are already a currency of sorts...  

The real thing to watch for actual buy-in will be the number of people that make lifestyle changes and learn skills necessary to be independent of the system/grid.  In other words, "prepping" entails a knee jerk reaction to perceived threats, however changing one's lifestyle to be able to independently provide the same items purchased through "prepping" is a totally different ballgame.  We've got plenty of preppers (in this case, the kissing cousins of mall ninjas), but we have a much smaller number of people actually learning the skills necessary to sustain themselves.  Better than nothing I guess, although most are getting taken for a ride with the quality of the prepping products (anything worth a damn is not the least bit affordable for most people). 

Muppet Pimp's picture

Glad to see that you are on the right side of this MK.  I had read some of your stuff earlier on that had me concerned.  It is difficult for us all to discern the truth in a world of lies, sorry for doubting you.  I have re-bookmarked your page.  Thank you for your service sir.

Ookspay's picture

I'd dive into that foxhole.

DoChenRollingBearing's picture

at economics9698

My ¨next gun¨ (Xmas present) will be a Springfield .308 w/ scope...

AmCockerSpaniel's picture

Mine is a M1A, like the M14 I carried in Nam. The only issue I had with the M14 was it was totally NOT suited for night fighting, as one can not aim in the dark, and all fighting is less than 100 yards (100% of all I did). A semi-auto 12 ga. would have been the best choice (the right tool for the job). But the army knows best.

RockyRacoon's picture

12 guage?  No problem.

Only one choice for me:  Saiga 12

Plated 00 buck or slugs.

Take a look at this penetration with plated buckshot.  An easy twofer if you can get 'em to line up!

Rogue Trooper's picture

No arguments fellas ... good choices they are - it's always a compromise.

I would add the Roni pistol-carbine to your Glock.  I like .45 but I am going all in 9mm: plus 12 guage and .308.

In light of the 'front page' drone article... perhaps a shortwave radio will prove useful.

Over and out...

/John Connor

 

Ginsengbull's picture

Wouldn't you prefer an AA-12?

RockyRacoon's picture

It's classified as a Destructive Device and not made in semi-auto.  I might as well ask Santa for a tank.

stant's picture

amen brother, that was mine last xmas

Chaos_Theory's picture

Mine is a 300 AAC BLK upper and then the silencer, as well as a Remington 700 AAC-SD in .308

 

aerojet's picture

When did you own these firearms?  Quality control is off a lot recently.

economics9698's picture

I got a couple in 2008 and 2009.  Both did well after 200 rounds.  At first I got some jams and was worried but after a few boxes they work great. 

I clean them and keep them oiled.  

They are good value for the dollar guns.

Stoploss's picture

Nice.. Supressed.. See? I told ya, the ladies love 'em!!

Relax, there's no clip in it.

Beats the shit out of a gold necklace.

Isreal ladies know how to get a man's attention.

OOh Sexy Lady..

UP Forester's picture

The clip is still in the cardboard box, which is still in the ammo can.

As for the magazine, I don't know where that is, either.

RockyRacoon's picture

My pet peeve as well.  I cringe when the haters use the term wrong.

Clip vs. Magazine: A Lesson in Firearm Terminology
otto skorzeny's picture

I'm sure that if you ask the Israelis will allow you to open a gun shop in the Gaza strip/sarc. Kind of like the US govt. would allow you to sell guns to the public if there were no 2nd amendment-right?

Ima anal sphincter's picture

Well.....you succeeded in following up your first dumb-ass comment with an even dumber one.

I wonder what group of assholes you belong to. Oh...that wasn't very hard to figure out.

Pooper Popper's picture

Sounds like my kind of party!

cranky-old-geezer's picture

 

 

Biggest epiphany of my life was admitting I'm an asshole. Like a big weight lifted off my shoulders.

Amazing how when you admit it, everybody turns supportive suddenly.  "No you're not, don't be so hard on yourself." 

Well, ok, but I felt free after admitting it, happy, elated :)

Oh, nice cover photo too :)

Ookspay's picture

Me too geezer. But;

 

Were you born an asshole or did you work at it your whole life, either way you look at it your an asshole tonight. : )

cranky-old-geezer's picture

 

 

Nobody is born an asshole, and it's not hereditary either (no behavor is hereditary).  So it must be environmental, in my case a very insecure father who compensated by being distant argumentative and controlling  ...an asshole himself.

"the sins of the fathers will be visited on the children unto the third and fourth generation"

...unless somebody in that chain breaks the "curse", and the first step toward breaking it is admitting it, even late in life.  Better late than never.

Ookspay's picture

Good to hear Cranky, Break that cycle. IMHO anger is always the key to assholes. There are very few things worth getting angry about. I too am a recovering asshole, who lapses from time to time, lol! Peace.

My reference, Jimmy Buffett

http://www.youtube.com/watch?v=f5TV4tmbjbE

Bad Attitude's picture

Nobody is born an asshole...

I respectfully disagree. I was a breach birth - I came out asshole first.  :-)

 

RockyRacoon's picture

When you start out your day and meet three assholes in a row, you might want to reconsider which of the four is the actual asshole?

Harbanger's picture

"Amazing how when you admit it, everybody turns supportive suddenly. "No you're not, don't be so hard on yourself."

Well, ok, but I felt free after admitting it, happy, elated :)"

You can only change if you admit it to yourself, admitting you're an asshole to other people is just being manipulative.  So you got the expected "aaw, no you're not", response.  It doesn't mean you're not still an asshole.

cranky-old-geezer's picture

 

 

My bible says confession is the first step toward repentance (which means changing). 

But fake confession isn't confession.  Sounds like you're implying all confession is fake.  Maybe a lot of it is.  But not all of it. 

There's one way to tell.  If the mental weight comes off, as I mentioned, then it's real confession. 

Confession doesn't mean change will occur necessarily.  But it's required for change to occur.

Harbanger's picture

"My bible says confession is the first step toward repentance"  No it doesn't, that's a English proverb.  Your Bible says you need to repent to God, it doesn't say you should confess to your friends, and especially not to your priest.

cranky-old-geezer's picture

 

 

"Confess your faults one to another ..."   James 5:16

There, you stupid dumbass moron "chirstian".

Damn you idiots make me sick.