Article I read mentioned the over stock of guns in the industry. You'd think we would be seeing some fantastic bargains to ease the glut.
Right but none that i've seen yet?Article I read mentioned the over stock of guns in the industry. You'd think we would be seeing some fantastic bargains to ease the glut.
Earnings for ALL major gun manufacturers have been down for the last quarter; heck even Ruger’s earnings dropped by double digits. Under the bho administration gun sales spiked after every mass shooting. Under Trump, a pro-gun guy fully backed by the NRA, this hasn’t happened.I'm guessing when the selling was good for so many years the bonuses to executives continued to rise and rise. Part of that want it now short term thinking. Now that things have leveled off they are feeling the pain. For the life of me I can not figure out why so many companies that have been around for so long have so much debt. Maybe instead of paying bigger bonuses they should have paid down their debt. Companies living off future sales is like a person living pay check to pay check. At some point it just does not work.
In November '17, you could buy a new Remington 380 pistol for $100 after sale and rebate.Article I read mentioned the over stock of guns in the industry. You'd think we would be seeing some fantastic bargains to ease the glut.