Baz Ares
Gold Member
- Feb 2, 2017
- 10,970
- 1,091
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American Outdoor Brands, the gun maker that owns the iconic Smith & Wesson line of firearms, reported plunging sales on Wednesday.
The company said that quarterly sales dropped 25% compared to the fourth quarter of last year, and profit plummeted more than 70%.
Sales for the full year were down 33% from the year before, and profit plunged 84%.
Gun sales plunge for Smith & Wesson
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