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View Full Version : NICS Checks Running at Record Pace



Blacksmith
06-30-2013, 06:40 PM
Here is a chart of "Industry: Adjusted NICS Checks" showing the number of checks per month since 2008, it also has yearly totals. So far this year in 4 months there have been 6,111,593 NICS checks in 2008 for the same period there were 2,744,943 NICS checks.

http://wallstcheatsheet.com/view-image/?src=2013/06/Screen-Shot-2013-06-25-at-10.57.13-PM.png

It was included in this article on S&W reporting their quarterly results.

http://wallstcheatsheet.com/stocks/is-obama-still-the-best-gun-salesman-in-history.html/?ref=YF

Partial quote from article:
"Smith & Wesson (NASDAQ:SWHC) reported a record-breaking quarter. On Tuesday, the company announced that it earned $25.2 million (38 cents per share) in its fourth fiscal quarter, more than double last year’s $12.5 million quarterly profit. Net sales for the three months ended April 30 came in at $178.7 million, a new record and up 37.6 percent from a year earlier.

The company’s net income from continuing operations totaled 44 cents per share, beating estimates by one penny. With the help of increased sales volume, gross profit for the fourth quarter improved to $68.5 million, compared to $46.9 million in the same quarter last year. Although Smith & Wesson increased production capacity, it was unable to keep up for demand across most of its firearm product lines."

Ed Barrett
06-30-2013, 07:22 PM
Very interesting. Do they have any data on other firearms related companies?

Blacksmith
06-30-2013, 08:02 PM
Most firearms companies are not publicly owned so hard data is not usually available.

popper
06-30-2013, 10:29 PM
Shelves are filling up again so buyers are getting while they can.