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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%.

NAT’L – RETAILERS – Sportsman’s Warehouse’s Q3 Results Show How to Do Sporting Goods Right

Sporting goods retailer Sportsman’s Warehouse’s (NASDAQ:SPWH) third-quarter earnings report showed that fully embracing all aspects of the outdoor recreation market can be a winning combination. While American Outdoor Brands, Dick’s Sporting Goods (NYSE:DKS), and Vista Outdoor are all running away from firearms, Sportsman’s Warehouse is deeply embracing them, and it’s paying off in higher sales across all of its segments. Sportsman’s Warehouse said third-quarter sales rose 8.7% to $242.5 million on a 4.8% increase in comparable-store sales, exceeding even the high end of management’s guidance for a range of 1.5% to 4.5% growth for the period. Comps grew in every category of the retailer’s operations, helping it record adjusted earnings of $0.25 per share, down $0.01 from the $0.26 per share it posted last year, but in line with analyst expectations. Fishing was the standout segment in Q3, with sales rising 9%, followed by clothing at 8.3% and camping at 6.8%. While firearms and ammunition brought up the rear with a combined 4.9% gain, it was a healthy increase for an industry that has been in a three-year-long slump. Firearms especially showed strength, with sales growing 3.9%, supported by an increase in the number of guns sold. The gun industry has been promotional to help lift itself out of the doldrums, and it’s beginning to work. FBI data shows the number of criminal background checks performed on gun buyers has been running at double-digit growth rates over last year, even when adjusted for checks on concealed carry permits of existing gun owners.  [full article]

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