Wednesday, December 19, 2012

Going Down a Sad, Sad Road

In recent years, U.S. gun manufacturers have enjoyed fast-growing sales amid an easing of various state and federal restrictions.  Making guns can be very profitable, with some leading manufacturers recording operating profit margins of 20% recently...

Sales at gun manufacturer Sturm, Ruger in the third quarter were up 46% from a year earlier, to $118.1 million...

Smith & Wesson...said sales in the second quarter jumped 48% from a year earlier, to a record $136.6 million.

Wall Street Journal, Wednesday, December 19, 2012
Photo: John Moore/Getty Images

1 comment:

martha brown said...

Yes, sad, sad.... I am so sorry that these manufacturers stay in business. (although I do realize that there is a need for some amount of guns -- hunters and the military...)