Smith & Wesson Posts Insane Earnings, Revenue Skyrockets
The past couple of years have been alright for famed gun manufacturer Smith & Wesson but 2012 has been exceptionally kind.
“Gross profit for the first quarter was $51.3 million, or 37.7% of net sales, compared with gross profit of $26.5 million, or 28.9% of net sales, for the comparable quarter last year [emphasis added],” the company said in its press release.
And it doesn’t end there.
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Peter Propwash
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