Digital Daily Gun News Website

BREAKING :
RECENT INVESTIGATIONS SHOW THAT IN THE BAY AREA, SOCIAL MEDIA IS PLAYING A SIGNIFICANT ROLE IN FIREARMS SALES. ONE POST SHOWED THE MAN WALKING THROUGH A HOME BRANDISHING A GUN WITH A HIGH-CAPACITY MAGAZINE AND TAPPING AN UNIDENTIFIED WOMAN ON HER BUTTOCKS WITH THE BARREL. IN ANOTHER, HE WAVED A PISTOL LOADED WITH A 50-ROUND DRUM MAGAZINE IN THE AIR WHILE DRIVING A CAR. THEY’RE TWO OF SEVERAL SNAPCHAT POSTS BY ANTHONY REED, A 22-YEAR-OLD NEVADA RESIDENT WHO PROSECUTORS ALLEGE USED THE SOCIAL MEDIA PLATFORM TO MARKET WEAPONS IN CALIFORNIA.NASCAR HAS REPORTEDLY BANNED ALL ADVERTISEMENTS FEATURING ASSAULT WEAPONS DUE TO A "GRADUAL SHIFT" IN THE COMPANY'S POSITION ON GUNS. NASCAR HAS REPORTEDLY BANNED ALL ADVERTISEMENTS FEATURING ASSAULT WEAPONS DUE TO A "GRADUAL SHIFT" IN THE COMPANY'S POSITION ON GUNS.FOR THE LAST COUPLE OF WEEKS, DEMOCRATIC PRESIDENTIAL CANDIDATES HAVE ATTACKED WALMART FOR SELLING FIREARMS AFTER A FEW EMPLOYEES OF THE BUSINESS GIANT CALLED FOR A WALKOUT BECAUSE THE COMPANY SELLS FIREARMS. BUT AS TWITCHY NOTED, A REPORTER FOR BUSINESS INSIDER DESTROYED THE PERSPECTIVE THE CANDIDATES AND SOME GUN CONTROL ADVOCATES WERE PUSHING BY VISITING WALMART AND DISCOVERING THAT IT IS ANYTHING BUT SIMPLE TO PURCHASE A FIREARM THERE.WALMART CEO DOUG MCMILLON HAS RESPONDED TO A PETITION CALLING ON HIS COMPANY TO STOP SELLING GUNS IN THE WAKE OF TWO MASS SHOOTINGS AT THE RETAILER’S STORES. MCMILLON RESPONDED TO THE PETITION AND E-MAIL, SAYING HE APPRECIATES THAT HE AND THE OTHER SIGNEES CARE ABOUT SAFETY. HE SAID THAT SALES AND PROFIT “ARE NOT DRIVING OUR DECISIONS HERE,” AND THAT THE COMPANY IS CONSIDERING ADDITIONAL STEPS TO REACT TO THE MASS SHOOTING EPIDEMIC. IT MIGHT NOT SURPRISE YOU TO LEARN HE DIDN’T PROMISE TO BAN THE SALE OF GUNS IN HIS STORES. FLORIDA’S TOP GUN LOBBYIST TOOK A SECOND SHOT THURSDAY AT A PROPOSED CONSTITUTIONAL AMENDMENT THAT SEEKS TO PREVENT THE POSSESSION AND SALE OF ASSAULT WEAPONS. MARION HAMMER, A LOBBYIST FOR THE NATIONAL RIFLE ASSOCIATION AND UNIFIED SPORTSMEN OF FLORIDA, APPEARED BEFORE STATE ECONOMISTS FOR THE SECOND TIME IN A WEEK TO CLARIFY HER OPPOSITION TO THE PROPOSAL SHE CLAIMS WOULD RESULT IN ALL RIFLES AND SHOTGUNS BEING OUTLAWED IN THE STATE.

Industry Insider Archive

DC – INDUSTRY INSIDER – Gun stocks surge after President Trump tweets about tightening regulations

Shares of shooting sports companies surged Monday, bucking the selloff in the broader stock market, after President Trump tweeted about pushing for stronger background checks for gun buyers in the wake of the tragic events over the weekend. Shares of Smith & Wesson parent American Outdoor Brands Corp. AOBC, +1.85% hiked up 2.4% in morning trading, while AR-556 autoloading modern sporting rifle maker Sturm Ruger & Co. RGR, -0.59%  climbed 1.3%. Meanwhile, ammunition maker Vista Outdoor Inc.’s…

NAT’L – INDUSTRY INSIDER – The Gun Industry Is Not As Untouchable As Everyone Thinks

If you sell a gun that’s later used to kill people, can you be held responsible for their deaths? The answer has traditionally been “no.” But this year, courts have inched toward “maybe.” Of all the laws despised by the American left, the Protection of Lawful Commerce in Arms Act ranks near the top. One of the NRA’s greatest accomplishments, PLCAA is widely understood as a shield…

NC – INDUSTRY INSIDER – Ruger second-quarter profit down 59%. Slump in guns sales blamed for drop.

A sharp decline in demand for firearms contributed to Sturm, Ruger & Co. experiencing a 59% plunge in second-quarter net income to $6.2 million. Diluted earnings were 35 cents, down from 86 cents a year ago. There were no earnings forecast from Zacks Investment Research. Ruger released the report after the stock market closed Wednesday. Investors sent the share price down as much as 9.5% in after-market…

GA – INDUSTRY INSIDER – Blockchains could revolutionize the use of firearms

A firearms company out of the U.S. state of Georgia hopes to turn the industry on its head. It isn’t manufacturing a new type of weapon or bullet, but, instead, a “black box” for guns. The device is able to capture all visual, audio and other data and store it on the blockchain. Justifire is hoping to make firearm use safer and to make firearm owners more…

NAT’L – INDUSTRY INSIDER – Sturm, Ruger Won’t Offer Many Surprises in Q2

It’s quite likely when Sturm, Ruger (NYSE: RGR) reports second-quarter earnings later this week, investors will see sales and profits falling from the year-ago period, although the comparisons themselves are weak because of the protracted slump of the firearms industry. Yet because gun sales are starting to rebound, it may not actually matter quite so much what the earnings report indicates, even if it is better, since it will provide…

NAT’L – INDUSTRY INSIDER – Locked Out

Some banks have embarked on a business path to enact policies to restrict gun sales and exert pressure on the firearms industry. Two of the banks grabbing headlines for anti-gun policies are Citibank and Bank of America. In present-day American culture, exposing inconsistent, deviant, fraudulent, immoral, shocking and even illegal actions of politicians, celebrities, media and businesses often isn’t enough. We’re seeing this now in the financial…

NAT’L – INDUSTRY INSIDER – What’s really causing the slump in US gun sales?

With gun sales falling for the second consecutive year, some have proclaimed the US firearms market to be in a permanent state of decline. Barack Obama was once deemed to be the best gun salesman in the US. Under his presidency, firearms purchases reached record highs as Americans became increasingly concerned that he would push through legislation restricting gun ownership. Such legislation never came to fruition, but…

MA – INDUSTRY INSIDER – Savage Arms bought by management-led investors for $170 million; company employs about 300 in Westfield

Investors led by Savage Arms CEO and President Al Kasper purchased the gun manufacturer from sporting goods conglomerate Vista Outdoor for $170 million earlier this month. Savage, which employs about 300 workers at its Westfield factory and headquarters, is one of the city’s largest private employers. Savage also has a rifle factory in Ontario, Canada. The buyers paid $158 million at closing and will pay $12 million…

ND – Industry Insider – House votes to block Trump bid to ease small-arms exports

Legislation approved by the U.S. House of Representatives would block President Donald Trump’s plan to overhaul small-arms export policy to make it easier for gun makers to sell weapons like flamethrowers and grenades to foreign buyers. The administration’s proposal would transfer regulation of some firearms exports to the Commerce Department from the State Department, which critics said would lessen oversight of such sales. “This doesn’t prevent or…

MN – INDUSTRY INSIDER – Anoka-based outdoors company sells its firearms brands for $170M

Vista Outdoor Inc. has sold its Savage Arms and Stevens firearms brands to a financial buyer for $170 million. The deal is one of several recent moves by the maker of outdoor consumer and shooting-sports products in a restructuring plan aimed to cut costs and reduce long-term debt. One of those moves was to close the company’s previous headquarters in Utah and move those operations to the…

FL – INDUSTRY INSIDER – Shooters World Orlando Sets A New Benchmark For The Future Of Gun Retail

While a growing number of politicians and citizens are taking aim at the $52 billion American gun industry to restrict the sales and ownership of weapons, there is another equally engaged group that is vigorously defending the industry and people’s right to bear arms. On the front lines of the culture’s gun battle are the nation’s gun retailers. They recently took a hit when the Safer America organization released…

NYC – INDUSTRY INSIDER – Setting Sights on the AR-15: After Las Vegas Shooting, Lawyers Target Gun Companies

For years, advocates of gun control have struggled to pierce a legal shield that protects firearms manufacturers from liability, even as mass shooters have relied on their powerful wares to amplify the carnage of their attacks. More than a decade ago, New York City failed in its bid to go after some gunmakers under public nuisance laws. In 2009, a case against a manufacturer associated with a series…

INT’L – INDUSTRY INSIDER – The transnational investigation behind Argentina’s largest seizure of weapons

After months of joint investigations with the United States, Argentina last week made the largest weapons seizure in the country’s history. Details of the bust and transnational investigation are coming to light sparked by a couple of packages that caught the attention of customs officers in Miami last October. More than 2,500 firearms were recovered including mines, anti tank rockets and grenades, which apparently were heading for…

WY – INDUSTRY INSIDER – 5,000+ Attend Weatherby’s Grand Opening

Sheridan, WY – Weatherby, Inc completed a successful Grand Opening on June, 13, 2019 in Sheridan, WY. Weatherby was astounded by 5,000+ visitors wanting to share in the celebration. The ceremony was preceded by years of planning and careful decisions, culminating with the Weatherby family surrounded by relatives, friends, and officials joyfully opening the doors to the public and industry partners. “I am so grateful for Weatherby’s past and rich heritage that began so many years ago in Southern California…

NAT’L – INDUSTRY INSIDER – Gun Makers Adjust Rifles to Skirt Bans

WSJ.COM (Subscription) California first banned the sale of guns it calls assault weapons, including AR-15 style rifles, in 1989, then updated the restrictions in 1999 and again in 2016. An accused shooter used just such a gun last month to attack a synagogue outside San Diego, killing one and injuring three. He bought it earlier this year in California where, despite the state ban, it is legal,…

NAT’L – INDUSTRY INSIDER – Smith & Wesson Maker Had Good Quarter, But Politics Keep This Analyst On The Sidelines

The maker of the iconic Smith & Wesson gun saw its stock trade higher Thursday after reporting a stronger fourth quarter than Wall Street expected. But one sell-side analyst said American Outdoor Brands Corp. (NASDAQ:AOBC) has an ironic problem in its near-term outlook – there’s not enough of a threat of tougher gun control laws. It’s an irony often noted by gun industry observers: when there’s discussion of…

NAT’L – INDUSTRY INSIDER – American Outdoor Brands Faces a Tough Q4

NAT’L – INDUSTRY INSIDER – American Outdoor Brands Faces a Tough Q4

Shares of American Outdoor Brands (NASDAQ:AOBC) are trading at levels they haven’t seen since 2014. Gun industry sales remain depressed, and another firearms retailer recently declared bankruptcy. As American Outdoor gets ready to report its fiscal fourth quarter and 2019 earnings on Wednesday, June 19, the firearms manufacturer continues to face a difficult outlook. Last quarter,…

WY – INDUSTRY INSIDER – Weatherby Gets A Warm Welcome

Weatherby’s grand opening happened today, and it was certainly more than just a ribbon cutting. There were food trucks and live music all day, as well as tours of the manufacturing facility and numerous raffles from Weatherby’s conservation partners. At 1 p.m., the Sheridan County Chamber of Commerce held a ribbon cutting ceremony including a flag raising, speeches from the Weatherby family, First Lady Jenny Gordon, former Governor…

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BREAKING :
RECENT INVESTIGATIONS SHOW THAT IN THE BAY AREA, SOCIAL MEDIA IS PLAYING A SIGNIFICANT ROLE IN FIREARMS SALES. ONE POST SHOWED THE MAN WALKING THROUGH A HOME BRANDISHING A GUN WITH A HIGH-CAPACITY MAGAZINE AND TAPPING AN UNIDENTIFIED WOMAN ON HER BUTTOCKS WITH THE BARREL. IN ANOTHER, HE WAVED A PISTOL LOADED WITH A 50-ROUND DRUM MAGAZINE IN THE AIR WHILE DRIVING A CAR. THEY’RE TWO OF SEVERAL SNAPCHAT POSTS BY ANTHONY REED, A 22-YEAR-OLD NEVADA RESIDENT WHO PROSECUTORS ALLEGE USED THE SOCIAL MEDIA PLATFORM TO MARKET WEAPONS IN CALIFORNIA.NASCAR HAS REPORTEDLY BANNED ALL ADVERTISEMENTS FEATURING ASSAULT WEAPONS DUE TO A "GRADUAL SHIFT" IN THE COMPANY'S POSITION ON GUNS. NASCAR HAS REPORTEDLY BANNED ALL ADVERTISEMENTS FEATURING ASSAULT WEAPONS DUE TO A "GRADUAL SHIFT" IN THE COMPANY'S POSITION ON GUNS.FOR THE LAST COUPLE OF WEEKS, DEMOCRATIC PRESIDENTIAL CANDIDATES HAVE ATTACKED WALMART FOR SELLING FIREARMS AFTER A FEW EMPLOYEES OF THE BUSINESS GIANT CALLED FOR A WALKOUT BECAUSE THE COMPANY SELLS FIREARMS. BUT AS TWITCHY NOTED, A REPORTER FOR BUSINESS INSIDER DESTROYED THE PERSPECTIVE THE CANDIDATES AND SOME GUN CONTROL ADVOCATES WERE PUSHING BY VISITING WALMART AND DISCOVERING THAT IT IS ANYTHING BUT SIMPLE TO PURCHASE A FIREARM THERE.WALMART CEO DOUG MCMILLON HAS RESPONDED TO A PETITION CALLING ON HIS COMPANY TO STOP SELLING GUNS IN THE WAKE OF TWO MASS SHOOTINGS AT THE RETAILER’S STORES. MCMILLON RESPONDED TO THE PETITION AND E-MAIL, SAYING HE APPRECIATES THAT HE AND THE OTHER SIGNEES CARE ABOUT SAFETY. HE SAID THAT SALES AND PROFIT “ARE NOT DRIVING OUR DECISIONS HERE,” AND THAT THE COMPANY IS CONSIDERING ADDITIONAL STEPS TO REACT TO THE MASS SHOOTING EPIDEMIC. IT MIGHT NOT SURPRISE YOU TO LEARN HE DIDN’T PROMISE TO BAN THE SALE OF GUNS IN HIS STORES. FLORIDA’S TOP GUN LOBBYIST TOOK A SECOND SHOT THURSDAY AT A PROPOSED CONSTITUTIONAL AMENDMENT THAT SEEKS TO PREVENT THE POSSESSION AND SALE OF ASSAULT WEAPONS. MARION HAMMER, A LOBBYIST FOR THE NATIONAL RIFLE ASSOCIATION AND UNIFIED SPORTSMEN OF FLORIDA, APPEARED BEFORE STATE ECONOMISTS FOR THE SECOND TIME IN A WEEK TO CLARIFY HER OPPOSITION TO THE PROPOSAL SHE CLAIMS WOULD RESULT IN ALL RIFLES AND SHOTGUNS BEING OUTLAWED IN THE STATE.