- Demand for guns in the U.S. is in a downward swing as it appears more likely that Congress won't enact legislation to ban semiautomatic rifles.
- In November, federal background checks on potential gun purchasers were 10% lower Y/Y.
- Despite sales trends which are starting to slow, manufacturers and retailers have seen more women become buyers.
- Sector watch: SWHC earnings
- Related stocks: RGR, SWHC, CAB
Demand for guns in the U.S. slows down
Dec 11 2013, 07:03 ET