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BREAKING :
IN MARCH, LOCAL SPORTING GOODS STORES WERE SEEING A MAJOR RUN ON GUNS AND AMMUNITION AS THE CORONAVIRUS PANDEMIC HIT THE REGION. SOME TYPES OF GUNS AND SOME AMMUNITION WERE ALREADY IN SHORT SUPPLY. AND THINGS HAVE ONLY GOTTEN WORSE SINCE THEN. “IT’S TERRIBLE, GUNS AND AMMO BOTH ARE IN SHORT SUPPLY,” CHRIS MILLER, THE SON AT FRANK MILLER & SON SPORTING GOODS, SAID. “WE’RE SEEING A LOT OF FIRST-TIME BUYERS,” HE SAID. “FIRST, IT WAS THE PANDEMIC. PEOPLE WERE AFRAID THAT THINGS WOULD GET BAD AND THEY WANTED TO PROTECT WHAT THEY HAD. THEN, IT WAS THE SOCIAL UNREST AND THEY WERE WORRIED ABOUT THAT.LT. GOVERNOR DAN PATRICK, CHAIR OF TRUMP TEXAS VICTORY, ISSUED THE FOLLOWING STATEMENT TODAY: “MORE THAN 2.3 MILLION GUNS WERE SOLD IN JUNE, A 145 PERCENT INCREASE FROM THE PRIOR YEAR. THE FBI REPORTS THEY CONDUCTED 3.9 MILLION BACKGROUND CHECKS THAT SAME MONTH. AS VIOLENCE ACROSS AMERICA ERUPTS -- HOMICIDES ARE UP 24 PERCENT IN THE COUNTRY’S FIFTY LARGEST CITIES -- CITIZENS ARE TAKING STEPS TO PROTECT THEMSELVES. “DEMOCRAT LED CITIES ACROSS THE NATION INCLUDING PORTLAND, SEATTLE AND NOW AUSTIN ARE SURRENDERING THE STREETS TO LAWLESSNESS AND MOB RULE. WITH THEIR “DEFUND THE POLICE” RHETORIC ESCALATING, THEY HAVE SENT A CLEAR MESSAGE THAT PROTECTING AND DEFENDING THEIR RESIDENTS IS A LOW PRIORITY. “CITIZENS ARE LEFT WITH FEW OPTIONS AS LIBERAL DEMOCRAT LED CITIES ABDICATE THEIR RESPONSIBILITIES.THE HUSBAND OF LOS ANGELES COUNTY'S FIRST BLACK DISTRICT ATTORNEY HAS BEEN HIT WITH THREE CHARGES OF ASSAULT WITH A FIREARM STEMMING FROM HIM PULLING A GUN WHEN AN ESTIMATED 30 BLACK LIVES MATTER ACTIVISTS SHOWED UP AT THE COUPLE'S HOME DEMANDING TO SEE HIS WIFE EARLIER THIS YEAR. THE LOS ANGELES TIMES REPORTED THAT DAVID LACEY, HUSBAND OF L.A. COUNTY CHIEF PROSECUTOR JACKIE LACEY, WAS CHARGED BY THE CALIFORNIA ATTORNEY GENERAL'S OFFICE OVER AN INCIDENT IN EARLY MARCH WHERE HE WAS RECORDED ON VIDEO BRANDISHING A GUN AT PROTESTORS WHO SHOWED UP ON HIS FRONT PORCH CALLING FOR A MEETING WITH HIS WIFE.THIS SUMMER THE TRUMP ADMINISTRATION ROLLED OUT THE PRESIDENT'S ROADMAP TO EMPOWER VETERANS AND END A NATIONAL TRAGEDY OF SUICIDE (PREVENTS) - A LONG AWAITED STRATEGY TO BRING DOWN THE RATE OF SUICIDE IN THE MILITARY AND AMONG CIVILIANS. IT FOCUSES ON ENLISTING COMMUNITY PARTNERS AND A PUBLIC AWARENESS CAMPAIGN TO FIGHT THE STIGMA AROUND SEEKING HELP DURING A MENTAL HEALTH CRISIS. CRITICS IN CONGRESS HAVE SAID THE PLAN ISN'T PROACTIVE ENOUGH.THE FBI RELEASED NEW INFORMATION MONDAY, SAYING MORE THAN 300 MILLION MORE GUNS ARE IN THE HANDS OF AMERICANS.'' WAYNE BATSON, OWNER OF SHARPSHOOTERS IN GREENVILLE, SAID ANY TIME THERE IS SOCIAL UNREST, ELECTION YEARS, ETC. THE GUN INDUSTRY TENDS TO SEE AN UPTICK. WATSON IT'S HARD TO IGNORE THE NEW INFORMATION FROM FBI SAYING GUN SALES ARE NOW UP BY 300%.

Gunmaker Ruger reports massive spike in sales during the pandemic

LEDGER TRANSCRIPT.COM August 5, 2020 –  Fear is good for business.

That’s the takeaway in the latest earnings report for Newport gun manufacturer Sturm, Ruger & Co., which last week reported that gun sales and profits surged, especially during the second quarter, as the result of people’s safety concerns arising from the COVID-19 pandemic and — in the company’s words — “civil unrest in many cities throughout the United States.”

It has long been a truism in the firearms industry that sales increase when gun owners are worried that lawmakers may restrict access to firearms.

During the Obama administration, for example, periodic calls for gun-control legislation in the wake of mass school shootings helped to fuel gun sales. But once President Donald Trump came into office in 2017, gun sales slowed — so much so that Ruger let go of 580 employees over the first three years of Trump’s presidency by the time it ended 2019 with a more than 17% slump in sales. The firearms industry even dubbed it the “Trump Slump,” despite enjoying the unabashed support of a solidly pro-gun rights president in the White House.

Now, as COVID-19 plunged the U.S. economy — and much of the world — into its severest contraction in modern recorded history and at times violent protests in American cities broke out in response to racial injustice, Ruger saw its second-quarter sales surge $34 million, or 36%, to $129.4 million, the company reported on Wednesday.

“The incredible surge in demand outstripped our production capability during the second quarter,” Christopher Killoy, Ruger’s chief executive, said in a conference call with financial analysts on Thursday.

Killoy, who has worked in the firearms industry for 30 years and like other Ruger executives typically gives a dry presentation, alternately described the surge as “staggering,” “incredible” and “probably the strongest level of demand that I’ve seen.”

Killoy was direct in explaining what Ruger sees as the reason behind the exceptional gun sales: “This increased demand appears to be driven, in part, by concerns about personal protection and home defense stemming from the continuing COVID-19 pandemic; protests, demonstrations and civil unrest in many cities throughout the United States; and the call, by some, for the reduction in funding and authority of various law enforcement organizations.”

Indeed, gun sales have been so strong that Ruger couldn’t make guns fast enough, according to Killoy. “The incredible surge in demand outstripped our production capability during the second quarter,” Killoy said, noting that inventory at Ruger’s warehouses and among its distributors decreased by 127,000 units. [full article]

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