The Down Range Forum

Member Section => Down Range Cafe => Topic started by: 1776 Rebel on March 13, 2009, 11:43:18 AM

Title: Smith & Wesson Quarterly Report
Post by: 1776 Rebel on March 13, 2009, 11:43:18 AM

Smith had their Q3 quarterly call yesterday. Overall pretty good. IMHO though you can read that this is the quite unexpected bubble in the firearms industry. OH NO not another bubble ! But you draw your own opinions. Mike Golden again in my opinion is a very good exec. Smith should be glad to have him.

http://seekingalpha.com/article/125764-smith-amp-wesson-holding-corporation-q3-2009-earnings-call-transcript?source=yahoo&page=-1

Title: Re: Smith & Wesson Quarterly Report
Post by: tombogan03884 on March 13, 2009, 11:53:41 AM

The T/C component is holding them back, T/C has lost 46% of their sales and laid off 1/2 their work force.