Smith & Wesson Gun Sales Are Doing Crazy Good This Year

Smith And Wesson

Last week we reported that gun sales are skyrocketing in the United States. Just how good are they doing? Smith & Wesson has reported a 32% increase in the past quarter compared to last year. That’s a quarterly sales take of $143 million.

The FBI recently announced that it has conducted a record number of background checks for gun sales this year.

Smith & Wesson sales don’t include the period after last week’s terror attacks in San Bernardino, which left 14 dead.

Following high-profile shootings the sale of guns typically increases. Those sales increases are often the result of Americans attempting to secure more firearms following a call by government officials to place more strict restrictions on the sale of firearms.

Shares of Smith & Wesson have surged 116% this year, while Sturm, Ruger’s stock has climbed 66%┬áin 2015.