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Smith & Wesson (SWHC) boosts its FY12 guidance, now saying revenue will be $415M to $430M,...

Smith & Wesson (SWHC) boosts its FY12 guidance, now saying revenue will be $415M to $430M, versus Street estimates of $420M. Shares +3.3% AH.
Comments (1)
  • bonehead69
    , contributor
    Comments (212) | Send Message
     
    Stock up boys and girls. A couple other ammo players are ATK, OLN. The following is from a recent article on SA.

     

    "There is a shortage of bullets, and many stores are putting limits on how many bullets a customer can buy. Part of the increase is due to an increase in the demand for handguns, with gun permits increasing by over 25% from last year. Another reason is that gun owners are stocking up on bullets, just like stocking up on gold."
    13 Sep 2011, 05:54 PM Reply Like
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