Today's Other All Time High: Smith And Wesson Gun Sales

Tyler Durden's picture

As the investing world celebrates the all time nominal high of an archaically-weighted index of an ever-changing basket of stocks, there is another - this time unprintable asset - that appears in all-time high demand - firearms. Smith & Wesson just released earnings not only with record high revenues but increasing their outlook dramatically for fiscal year 2013. The surge in 'background checks' and sales since the election (and furthermore since the Tragedy in Newtown) continues (+29% YoY) and as SHWC notes "The tragedy in Newtown has understandably inspired an important national discussion about how to cope with violence in our communities - we possess a broad range of products and a highly flexible manufacturing operation. Taken together, these allow us to be highly responsive should the market and/or legislative developments drive a change in sales mix."


SWHC Actual and Estimated Sales...


Background checks have surged...


and sales have followed for hand-guns and long-guns...


Current Environment

The tragedy in Newtown has understandably inspired an important national discussion about how to cope with violence in our communities


The outcome of this discussion has yet to be determined - we will not speculate at this time


We are participating in the discussion, along with the majority of our industry, through our representatives at the National Shooting Sports Foundation (NSSF)


  • We strongly support the U.S. Constitution and the Second Amendment
  • We support a comprehensive approach to preventing violence in our communities through only those efforts that we believe will make a difference


We will continue to monitor closely the political and legislative landscape


Smith & Wesson is a 160-year-old American company that has successfully thrived in a heavily regulated environment by complying with federal, state, and local laws


We possess a broad range of products and a highly flexible manufacturing operation. Taken together, these allow us to be highly responsive should the market and/or legislative developments drive a change in sales mix

Via SWHC Earnings PR:

The company expects net sales from continuing operations for the fourth quarter of fiscal 2013 to be between $165.0 million and $170.0 million, which would represent year-over-year growth from continuing operations of 29.0% at the midpoint.


The company anticipates GAAP earnings per diluted share from continuing operations of between $0.38 and $0.40 for the fourth quarter of fiscal 2013. The company is raising its full year fiscal 2013 financial guidance.


The company currently anticipates net sales from continuing operations for fiscal 2013 of between $575.0 million and $580.0 million, which would represent year-over-year growth from continuing operations of approximately 40.0% at the midpoint.


The company anticipates fiscal 2013 GAAP earnings per diluted share from continuing operations of between $1.17 and $1.19, income from continuing operations of between $78.0 million and $79.5 million, and non-GAAP Adjusted EBITDAS from continuing operations of between $148.4 million and $150.7 million.

Full Presentation:

Swhc Mar 2013 Ir Pres-1 by

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traderjoe's picture

Molon Labe, bitchez.

a growing concern's picture

Lead, the other precious metal.

Zap Powerz's picture

DHS buys up over a BILLION rounds of HP bullets. Local LE buying up armored trucks.  American citizens buying up all the ammo and guns they can find.

If you cant see the writing on the wall here, youre pretty fucking stupid.

War's a comin. Civil war that is.  Sho nuf.

The Shootist's picture

Privately owned Savage, largest long gun maker, breaking records.

WayBehind's picture

Finally some good newz! Too bad they are maxed out and it is hard to get any S&W guns otherwise the sales wouldbe waaaaaay higher. Molon Labe!

Zap Powerz's picture

I saw that.  It should come as no surprise to anyone here.  Fucking totalitarian motherfucker.

A Lunatic's picture

I don't have words for how pissed I am that these things are being done in broad daylight. I am so fucking sad and angry........

Zap Powerz's picture

Dont get pissed.  Get ready.

disabledvet's picture

And have fun while you're doing it!

Nimby's picture

Just remember:  your local gun club IS the militia!  And so are you!

Shell Game's picture

Right there with you brother...

Bad Attitude's picture

"...these things are being done in broad daylight."

It's called hubris. Dear Leader's regime is so sure of themselves, with a sycophant media backing them, that they no longer feel the need to hide their activities. People concerned about domestic drones, profligate federal spending, Fast and Furious, and Benghazi are dismissed as "right wing crazies."

e_goldstein's picture

So sayeth the Criminal General.


El Hosel's picture

 Legal? WTF, I don't legal applys to "them" like it does to us.

All Risk No Reward's picture

Hitler said it was legal to murder Jews, political opposition, Gypsies, the disabled and anyone else he wanted to murder.

So what?

Criminals are always goign to justify their crimes.

Holder is a criminal who works for the Debt Money Tyrants and he's a wicked, wicked man who hates all that America should stand for except for people like him.

His bosses don't want the mechanics of their debt money fraud making it out in the public domain, though.

The hard work is done - copy and paste the link and make it go viral. 

Make an oligarch shed a tear that isn't in laughter at the masses.

Nadaclue's picture

Yup, it's gonna go down. I expect obummer's team has been pushing this for some time. The civil war meme, I mean. He wants it to happen so he can use the Iron Fist to put things down, for the public good, of course. Then he can run his game.

I'm quite sure I'm on many lists, what's another one. lol

Meh, no one lives forever.

Now, for your enjoyment, here is a 3.5 minute vid of the Dissidents probable future housing. Take a peek, or don't. Up to you.

Alarmist? Hmmmm, maybe but the truth is out there, in documentable form. Xfiles style bub.

One can ignore reality, but not the effects/affects of reality...

Aaaaand, the Army document in question. Department of Defense document entitled "INTERNMENT AND RESETTLEMENT OPERATIONS"

FM 3-39.40

The Heart's picture


Upon capture, Soldiers must process detainees using the “search, silence, segregate, speed safeguard, and tag (5 Ss and T)” technique. This technique provides a structure to guide Soldiers in conducting detainee operations until they transfer custody of detainees to another authority or location. Complete the “5 Ss and T” technique as follows:

Search. Neutralize a detainee and confiscate weapons, personal items, and items of potential intelligence and/or evidentiary value.

Silence Prevent detainees from communicating with one another or making audible clamor such as chanting, singing, or praying. Silence uncooperative detainees by muffling them with a soft, clean cloth tied around their mouths and fastened at the backs of their heads. Do not use duct tape or other adhesives, place a cloth or either objects inside the mouth, or apply physical force to silence detainees.

Segregate. Segregate detainees according to policy and SOPs (segregation requirements differ from operation to operation). The ability to segregate detainees may be limited by the availability of manpower and resources at the POC. At a minimum, try to segregate detainees by grade, gender, age (keeping adults from juveniles and small children with mothers), and security risk. MI and military police personnel can provide additional guidance and support in determining the appropriate segregation criteria.

Speed. Quickly move detainees from the continuing risks associated with other combatants or sympathizers who may still be in the area of capture. If there are more detainees than the Soldiers can control, call for additional support, search the detainees, and hold them in place until reinforcements arrive.

Safeguard. Protect detainees and ensure the custody and integrity of all confiscated items. Soldiers must safeguard detainees from combat risk, harm caused by other detainees, and improper treatment or care. Report all injuries. Correct and report violations of U.S. military policy that occur while safeguarding detainees. Acts and/or omissions that constitute inhumane treatment are violations of the law of war and, as such, must be corrected immediately. Simply reporting violations is insufficient. If a violation is ongoing, a Soldier has an obligation to stop the violation and report it. Z

Tag. Ensure that each detainee is tagged using DD Form 2745.

Confiscated equipment, personal items, and evidence will be linked to the detainee using the DD Form 2745 number. When a DA Form 4137 is used to document confiscated items, it will be linked to the detainee by annotating the DD Form 2745 control number on the form.

Hacked Economy's picture

@Nadaclue, you might be right.  Obama has almost four years left in which he's still the Commander-In-Chief, so he might be in the process of lining up his dominoes so that they'll fall within that timeframe.  If the SHTF in a truly organic way in which one event will trigger the next in a groundswell of grassroots support against the Gov't, both he and all the State governors will be able to "legally" invoke emergency powers (whether Constitutional or not).  Then it's "goodbye" liberty and "hello" roadblocks, checkpoints, martial law, curfew, and maybe even rationing (all of these have been implemented in the USA before).

Our fight for independence from Britain was only a battle of words until April 19, 1775, when the "shot heard round the world" was finally fired against British Redcoats at Lexington Green.  If a defensive shot is ever fired against an oppressive police/SWAT/paramilitary force in the near future, you can be sure that the Gov't will spin it as hard as they can (via the MSM) to make it look like the "crazy fringe extremists" are determined to cause mayhem.  That will be the most importance time in an upcoming Second Revolution...if the rest of America wakes up and resists alongside their brothers, or accepts the spin and chooses to stay out of the fight for fear of their own personal safety.

ghengis86's picture

Do your part and buy a gun. Gotta keep this bitch climbing to all time highs

disabledvet's picture

Buy? Nay, veerily..PRINT a gun. "show 'em it can be done." mine says "Yes We Can" on the grip and squawks "go ahead make my day" when you put your finger on the trigger. Obviously any and all creative thoughts are welcome in this regard. One personal favorite is "you might hit copy but we hit send."

localsavage's picture

If Melby is still running it, I am sure he will find a way to fuck this up.

otto skorzeny's picture

S and W sells because of the name-not necessarily the quality of product

Overfed's picture

I dunno. That M&P looks pretty good to me.

otto skorzeny's picture

trust me-pay the few extra bucks and get a Glock in the same caliber-you'll thank yourself later.

Overfed's picture

Nuthin' wrong with a Glock, but I'll take a 1911 any day.

Zap Powerz's picture

May I suggest getting a Glock in multiple calibers?  9mm, .40 and .45 would be my recommendation.  You never know what kind of ammo youll find on the battlefield.  9mm ammo is pretty useless in a .40

That being said.  The single best weapon you can own, if you have to own only one, is Ruger 10-22.  Its quite, leathal and ammo is really cheap and you can carry a lot of it.  Try carrying 2,000 rounds of 5.56 ammo vs. 2,000 rounds of .22 ammo.

GubbermintWorker's picture

And they make some really nice after market sights for it now too....

Socratic Dog's picture

Good sights, agreed.  Biut....where do you get ammo?  I looked around  for a few bricks online the other day, there's none.  Everyone is backordered.  Same for .8308.  Anyone have any ideas?

I have to say, I was a bit staggered to find ammo unobtainable.  I don't like thinking about the implications of that much.

Hacked Economy's picture

Fortunately for me, I started "stacking" ammo back in 2010.  Every time I went to a store that stocked ammo, I added a couple of boxes to my shopping cart.  Now I have several Rubbermaid tubs' worth in all my necessary calibers.  But you can never truly have enough, if you want/need to train adequately at the range.

A close friend of mine told me he went to a large gun show in the MidWest and didn't see any .22 LR selling for less than $1.00 per round.  Yes, you read it right...a buck per round, and there wasn't much of it left!!  Glad I got mine long ago when it was 5 cents per round.
When I went to my local WalMart recently, I (by habit) strolled over to the ammo cabinet and saw a line of customers waiting for an employee to finish unwrapping a small pallet of freshly-received ammo.  They were ALL there in hopes of getting some .22 LR.  One man said he bought his daughter a 10/22 for Christmas but neglected to get the ammo back then as well, and he hadn't been able to take his daughter to the range to shoot her new gun yet.

About 70% of WalMart's inventory is in transit at any given time, in trucks on the highway.  If you go to and search for availability and delivery ETAs, you might get lucky and score some ammo just as it arrives at a store's dock.  One person I spoke with did this, and showed up at the store *just* as the truck was being unloaded.  He knew about the ammo's arrival before the Sporting Goods section employee did!  :)

FWIW, I've been able to buy only one small box over the past three months.  Nearly everything - even the exotic calibers - are being snapped up across the country.  Strange times...

nmewn's picture

The only one I ever really wanted and never got, well...that and the .44 carbine.

20834A's picture

I've been trying to get a Takedown for months. Nobody has them, dammit. Or S&W M&P Shield, either.

Try this (beta) for tracking ammo:


GubbermintWorker's picture

He's talking about the S&W AR15.

GubbermintWorker's picture

T'was fortunate enought to get one just before the SHTF on gun prices, including 20 Pmags!

ImReady's picture

Anything that shoots a projectile is selling these days. I have never seen so many older women(60-70yrs old) at the gun counter in my life. 

disabledvet's picture

Mine shoots photons. "it hasn't technically been invented yet" so I don't deem it illegal. I've vaporized various squirels and chipmunks...unfortunately the cadmium hydroxide servo only maintains enough charge for one burst per the guy I'm renting from wants to know how I could have a $23,450 electrical bill for one month. He actually sounded kinda agitated actually...might be time to move on.

Hacked Economy's picture

Besides the usual tools in my car's BOB (hatchet, folding saw, pocket knife, etc.), I also have a wrist rocket with plenty of large steel shot and an extra band.  It might not be the best or strongest weapon, but you can take down small animals with it, and make an impressive show of defense if cornered by a thug (remember David and Goliath?)

...and ya don't hafta register it...

zorba THE GREEK's picture

From an experienced gun owner, S&W revolvers are among the very best, Sig semis and Colt

ARs also rank high. But like anything else, everyone has the right to their own opinion. 

otto skorzeny's picture

my dad was in Vietnam-he told me that if the SHTF he would want an AK in his hand as it runs forever in any condition

Overfed's picture

I've had a few (before the boating accident). They still require maintenance just like anything else. Maybe just a little bit less than most. By the 80s, the AR platform was considerably better than it was in the 60s.

otto skorzeny's picture

can you clean an AR with a shoe string with 3 knots at the end and some motor oil?

GOSPLAN HERO's picture

Automatic transmission fluid is a good solvent for cleaning weapons.

Overfed's picture

Only one knot for an AR. Smaller bore. ;-)

The main thing with an AR is to keep some oil in the bolt bore in the carrier, and keep the crud out of the locking lugs. With an AK, they need to be lubed along the bolt carrier rails and where the bolt slides over the cocked hammer. Also, when the safety is off, particle large enough to jam the trigger mechanism can enter through the slot. Every weapon has it's strengths and weeknesses.

Shooting offhand at around 50 yards, I can put 30 rounds on a basketball in 30 seconds with an AR. I couldn't do that from a rest with an AK.

Road Hazard's picture

If you buy an AK47 for accuracy, you're a freaking moron. The AK platform excels at one thing and one thing only......reliability! No gun can touch it (AFAIC)! If I ever had to go to battle, I'd grab an AK47 over anything else, every time! And as for cleaning, AK's are the Glocks of rifles. Dead simple to clean and will go BANG! every time you pull the trigger.

10mm's picture

I can hit a human size target at 100 yrds which is fine with me,i don't live in the sticks,YET.AK47.