Smith & Wesson Stock Rallies As Wall Street Markets Tumble

posted on August 31, 2015

Investors holding stock in Smith & Wesson received some welcome good news Friday with reports that shares of the gunmaker are up more than 10 percent after the company’s quarterly earnings report showed net sales increasing, year-over-year, by 12 percent for the quarter.

"Our first-quarter results exceeded our expectations for sales and net income in both our firearms and accessories divisions," Smith & Wesson CEO James Debney said. One likely reason for increasing sales is the threat of gun-control laws making firearms scarce, if not illegal.

Indeed, since Obama took office, Smith & Wesson stock has soared by over 600 percent and the number of background checks conducted through the National Instant Check System (NICS)—a broader measure of likely gun sales—has increased an average of 7 percent annually over the past eight years. Ironically, this latest report comes close on the heels of a HuffPo op-ed claiming that the gun industry is in a slump.

Latest

The Armed Citizen
The Armed Citizen

The Armed Citizen® April 5, 2025

True stories of the right to keep and bear arms

Trump’s DOJ Just Surprised Anti-Gun States

Thousands of Californians remain stuck in limbo, waiting for their government to recognize and uphold their constitutional rights.

Gun Skills | Reloading 4: Load Refinement

If you are not satisfied with the cartridges you are handloading, there are plenty of avenues for improvement.

Gun Review | Lipsey’s Ruger SP101

The size, configuration and versatility of this gun makes it a fine choice for self-defense.

Supreme Court Upholds ATF Rule on “Firearms,” Unfinished Receivers and Kits

The United States Supreme Court upheld a Biden administration gun-control rule.

More Change is Underway at the ATF

The Trump administration has already ushered in much needed change at the ATF, and this is another important move.



Get the best of America's 1st Freedom delivered to your inbox.