Conservatives and the NRA expect President Donald Trump to be good for the Second Amendment, but the latest figures show that he may not be good for the gun industry itself. According to TheStreet, American Outdoor Brands, the company formerly known as Smith & Wesson, issued an earnings report this week that cost them 6 percent in Friday’s pre-market trading.
The company revealed earnings of 66 cents per share on a total revenue haul of $233.5 million in the third-quarter announcement, a trend that could indicate a downtrend in gun sales correlating with the election of Donald Trump.
In a statement, AOB president James Debney did not connect those dots specifically.
“Toward the end of the quarter, consumer firearm purchasing began to cool — a trend that underscores the importance of remaining focused on our strategy to continue growing and balancing our business across the shooting, hunting, and rugged outdoor enthusiast markets,” said Debney.
But other reports show that slowdown as well. FBI data released last month showed that January marked the second month in a row with a decline in background checks. Compared to the same time last year, the FBI ran 20% fewer checks in 2017.
Of course, this just proves what has been blindingly obvious for a long time: Barack Obama was the best gun salesman in history. Once he started ratcheting up his threatening rhetoric towards the Second Amendment, Americans started hitting up their local gun stores. By addressing a problem we didn’t have, Obama wound up making the “problem” even worse. That, by the way, is almost always the case when you go after this country’s individual freedoms.
That’s the obvious part. Here’s the hidden part: This completely undermines one of the Democrats’ biggest arguments about the NRA. For years, they’ve been telling us that our domestic security is being held hostage by this group. Republicans are beholden to the NRA and the NRA, in turn, is an arm of the gun manufacturing industry.
The truth, though, is that there’s actually nothing better for the industry than to have a threat in the White House. The NRA is, indeed, a powerful lobbying group, but their strength comes not from the gun industry – their strength comes from millions of Americans who want to protect the Second Amendment from grabby leftists.
Hey, look at the bright side – gun prices and ammunition prices will decline.
It will soon be time to buy the gun you always wanted and stock up on ammunition.
I am thinking about buying another AR-15 . . . and another 1000 rounds of ammunition . . . just because I want to.
Great idea!
Norman, I’m on your side. And if Hillary Clinton ever gets close to the White House again, I’m going full bore for a real live automatic machine gun just like SEALTeam6 used when they took out Obama bin Laden. Yeah, yeah, I know it’s “Osama,” but some say that’s a distinction without a difference. Neither was good for America and both wanted to “transform” it.
obama… osama… what’s the difference, other than b.s.?
My point exactly…
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Bin Laden was wasred by a M416 H&K and wold be near 5000 full auto. My semi MR5.56 was 2600 without hardware
Sounds about right…lock’n load!
Being a little older I kinda liked the M1 Garand ( I do admit the M1 Garand at times could get a little heavy but you got used to it) and the M1 carbine. The Ruger mini is a good replica in 300 blackout and 762-39, and about 2 or 3 lbs lighter
The guns Seal Team 6 and all Seal teams along with the Air Force S.O. Teams are highly classified and not available to the general public. That doesn’t mean one cant get a select fire rifle. You just need to pass all of the background checks and pay the additional $200 Federal tax. each for every gun and for each suppressor.
Thanks, brucefandrews, I was actually being sarcastic about owning a fully automatic rifle. I know they are simply not available to the general public and while I’ve fired semi-automatic rifles before, I don’t own one. I do own two handguns for home protections, however, and have never had to fire them. Again, thanks for the info…
Thank you for your reply. Remember to practice with your hand guns and stay safe.
I am thinking of getting an M1 Garand just to have as a collector’s item if and when they become available
Me to. I would like a carbine to go with it.
Yeah I know. Wishful thinking lol
Nice weapon but its a 30.06 so ammo for fighting would be high
M14 is a .308 – 7.62 Nato and the armories are well stocked with 5.56 7.62 and 9mm
Not going to use it. It would be a collector’s item for display only !!!
I am still in the market for something up to date . Have not made a decision on that yet
The “if” and “when” have been here and are STILL here but not for much longer; go to a show and see how few there are – in contrast to two or three years ago. The last big show I went to (WPB), I saw two or three of them – all above a grand. Of course, you can still try CMP and get one re-worked to perfection with nice “furniture” and possibly even a new barrel. If you want ALL original stuff, then look at your local Gun Trader-type magazine or check out ArmsList. Good luck – but NOW is the time because they are gradually being held onto and out of circulation.
I’d love to have one of those, but they are not cheap!
No they are not
Me too…..I don’t have an AR yet, but thinking about picking one up! I like the Miny14 as well-fun to shoot.
research !!! best makes for the price. do not buy the cheapist
also a repair kits are about $40
Thanks will, for the advice…..
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Good One….I like your “handle” too! Thanks man….have a great spring….
Thanks paisan these Liberal Democrackheads are dumber then him below! https://uploads.disquscdn.com/images/e103b4318718359ca3d2ed44eae1c567d2c3d0393742e9a25a834c49c59fa486.jpg
smart move – some of your neighbors who have not you can supply a weapon. I have 3. Do not fight alone. Figure out whos who in your neighborhood
I’ve also noticed that .22 rimfire is once again becoming more generally available.
The law of supply and demand prevails , Donald Trump believes in free markets and free enterprise ,Instead of Foreign Free Trade Agreements that hinder and destroy our company`s and businesses
Yes – he does and he has his clothes made in other countries because it’s cheaper – and that’s what most American companies do – have it made outside the US and shipped in – because we pay next to nothing for foreigners to make it. It’s the American way. Drain the swamp – but put all of the Wall Street, banking and industry people in charge – that’s draining the swamp. What an idiot!! But you all think that that’s great. Am so waiting to see the “new and revised ACA-II” and that’s what it is. Because you can’t get cheaper health care than what was in place without limiting what is covered and not. With the Donald – it’s always the “biggest”, the “best”, the “most wonderful”, the “greatest” – which all turn into lies and nobody knows what to believe. It’s all a diversion so that people won’t find out the truth – and people buy into it. So very sad – and other countries are wondering – “what the hell happened to the US?”
You read like You are finally getting tired of protesting and rioting against the Donald , Try reading and listening to what the Man had to say 5 years ago ,7 years ago ,10 years ago even as far back as when Slick Willy Clinton signed NAFTA and screwed every Man ,Woman and Child in this country in so many ways they cannot be counted , I have to go with Donald Trump on this one , I would be more then happy to pay an extra 20 dollars to buy a TV that is made in the United States of America
So true. It does not cost that much more for products to be made in America.
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Obeyme didn’t make me buy more guns, I already have two safes full. What he and our governor here in KALIFORNISTAN did was make me go from buying ammo to building all of my own. Instead of spending thousands on factory made average shooting rounds to handmade, consistently accurate ammunition. The big plus…I can make up 10,000 rounds for half the price and better shooting…Thanks Obeyme and moonbeam brown!!
your battle will be difficult. California is a haven of fascist. NY is not as bad as the enemy is mostly located in one city
Wish I could move out of the state but I have both my boys and 6 grandchildren here so the boss says we stay. Thing is these pukes are going to push to try and secede, that’s when I and many others get to start purging out state. Civil war in our state will start in Sacramento.
I am starting to go to garage sales again, and watching the For Sale portion of the local “Shopper”. I want to stock up for 6 grand children and 4 Great grand children. All grandchildren are in child bearing age, so I need lots of extras.
Maybe Trump will sell all the ammunition that obama purchased for the federal government.what would 9 billion rounds of AMMO on the market suddenly do to the companies that charged $50 for a box of 100 rounds of .22LR ammunition?
Went to a local Gun Show in Northern Cali yesterday. Not as many “shoppers” and prices were still too high. Forget CCW in Calisforistan – too much paperwork and red tape and they can still deny you the “consealed carry” permit.
Az has a faster and more efficient system of obtaining CCW. When we lived there, many young women had their permits and many men open carried everywhere. At the time, the only place you couldn’t take guns was the UofA. We’d be grocery shopping and the guy next to us had a 45 on his belt, gleaming in the store lights! Met some very nice people who were open carrying, all responsible, all levelheaded.
Obutthole’s gun lunacy didn’t affect AZ, but as usual, the luny liberals in CA including BubbaBrownNoser, tried to destroy CA’s gun ownership. Almost did it. Now Gun Organizations are cropping up everywhere and “The State of Jefferson” has renewed strength!!! You may see the great state of California divide into North California and South California in the next few years! This has been a long time coming! We wish Northern Cali lots of Luck making this happen!
We will be watching from AZ’s interior at the impending war between the bizarre, pot smoking, immoral Southern Caliphites and the more rational, moral, struggling Jeffersonians. Good luck Jeffersonians!! ★★★★★★★
This is not the time to stop buying Guns and Ammo. The Dumbocrats are still at work in the background. We are heading for a second civil war, Obummmer and Company are still working to turn us over to the Muslims lurking all around the country thanks to Obummer opening the flood gates.
You people just keep feeding yourselves and making yourselves feel good about the idiot you chose.. Hopefully you’ll have all of your guns handy when he starts a war with North Korea.
A little too much vodka last night?
Ooooh! North Korea. The country that can’t even feed its citizens, is gonna whip our ass.
Wonder how the President got so rich by being an Idiot?
A lot wrong with your statement snowflake.
What’s feeding it’s citizens have ANYTHING to do with anything? Did you hear of a crazy-man in N Korea name Kim Jong-in – oh bright one? Since you are clueless the reason the President is rich is because he rips off the people that work for him by not paying them – mainly immigrants. And he doesn’t pay his taxes or finds ways to go around not paying taxes. Do your history and research articles – you Repuglicans are all the same – believe everything that FOX tells you and can’t think for yourself. Yep – the middle-class uneducated about sums it up. You rednecks think Trump is there for you – so did the coal miners – and where are they standing today? He tells you what you want to hear – and not being so bright – you believe it – so sorry for you.
Yes I’ve heard of the pugnose little twit let him send one of his missiles in this direction. We’ll blow it out of the sky If in fact it could actually make it and trump will send 50 more back right down the little bast**ds gullet. He’s not dealing with BHO,(THE APPRAISER IN CHIEF) anymore.
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ignorant liberals are alive wow! https://uploads.disquscdn.com/images/5fc72321d1bac29a726763663d66fb0ae8d03483972268dd8689343dd55da9f1.jpg
It is SO wonderfully ironic for gun buyers that the biggest, most ardent enemy of the Second Amendment -not EVEN arguably but CERTAINLY- did the complete, ass-backward thing he wanted to do by simply opening his mouth about a topic of which he knew nada! And it’s so CRUELLY ironic for HIM that the thing for which, other than national healthcare, he most wanted to be remembered, exploded and expanded and went viral during his 8 years – like a danged wildfire on the prairie!!! The Lord indeed works in mysterious ways, HIS WONDERS TO PERFORM!!! The funniest scene in 8 years as commentary on Obama’s anti-gun stance was people wearing pro-Obama T-shirts, walking around a gun show and shopping for a firearm!!! Go figure!!! That those who voted for him ALSO joined the buying frenzy just adds to what I hope is his continuing frustration every time he thinks about guns, hears about them, or watches another state finally pass CC!!! I wonder if the dumbschitt (Old German word for half-assed, flunky neighborhood organizer pretending to be president) has ANY idea that his ABSENCE now means LESS in sales than when he occupied public housing in DC. How ironic, too, that had he never gone after the 2nd, there would NOT be the gun proliferation there is now! DUMBSCHITT!!! The idiot made the gun manufacturers RICH!!! Perhaps they should, in political satire, give him a token commission!!!
Comrade Chairman Obama does not need a commission from Gun Manufacturers , He is getting millions from George Soros and the Institutional Left
Amen! Agreed! Although my point about the commission was strictly sarcasm, you understand, as is EVERYTHING I say about Obama! But GREAT observation – I wonder exactly how much Soros gives him; would it not be MOST interesting to get a leak on this!
Makes sense. Obama was the best gun salesman in the country. Now that his threat is gone things will loosen up a bit. Rimfire ammo will become more available. But, just because he is gone doesn’t mean there are not anti-gun groups and politicians out there waiting for another chance to bring about (non) sensible gun control. We still do face real threats such as ISIS. The threat never ends it just slows down for a while. They still want your guns because they can’t have their way if you have your guns.
Yep, whether he wanted to be or not, King Sewer Rat Obama was a better firearms salesman.
Couldn’t prove that past me. I’m a CCW instructor and I have classes booked through to August… and it’s only March now!
After 8 years of Records sales to LEGAL households and Trump Revival of LAW & ORDER enforcement to keep AMERICA SAFE….May be al the Record Profits by Smith/ Wesson. Cold,Ruger, Glock.Remington,Beretta and Company can take a time out!!….. But ammo sales just to keep in practice shall contimue after “RATIONING” by BHO ZO
Now, just maybe, the supply and demand curve will intersect where the costs of weapons and ammo might be more reasonable. In addition, I might actually be able to buy ammo because of availability.
now all we need is to get rid of the taxes that cook county has on ammo and buying guns
I assume you’re referring to Cook County of Chicago. If that is the case, sorry to say, I highly doubt you will ever get rid of taxation on guns and ammo.
I Just purchas A Glock From T.J. Norths In Marysville Ca.I’m A Retired Veteran, 80% Disabled, So far I’ve Paid for the weapon. I don’ t know whats going on but its supposed to be ready for pick up Mon 13 Mar.
Sorry I purshed Last ov Feb.
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http://totallyright.us/home/2017/5/1/a-rash-of-shootings-in-california-after-passing-most-restrictive-gun-laws-in-nation
Ammunition prices at my local WalMart dropped significantly in June. Now I can restock my ammunition storage lockers. Yes, I do mean ammunition lockerS.