cast
Smith & Wesson announces ‘highest quarter ever on record,’ first billion-dollar year in its history
Smith & Wesson announces ‘highest quarter ever on record,’ first billion-dollar year in its history’
Via Just The News:
Storied U.S. gun manufacturer Smith & Wesson this week announced a record-setting fiscal year amid an ongoing gun-and-ammunition frenzy in the United States that has persisted since last year.
Company CEO Mark Smith said in a company earnings call on Thursday that the gun manufacturer in the past fiscal year “surpass[ed] $1 billion in sales for the first time in our 169-year history.”
Smith said the company also posted “fourth quarter revenue of nearly $323 million,” which he said was “the highest quarter ever on record and marks the fourth consecutive record-breaking quarter for the company.”
He said the record year allowed the company to “completely pay off our $160 million debt, return over $8 million to shareholders through dividends and reduce our outstanding shares by over 14%.”
The company’s surging profits come as U.S. gun and ammunition sales have consistently shattered records, with monthly U.S. gun background checks up significantly year-over-year and an ongoing ammo shortage continuing to grip the country’s consumer guns market.
Our Readers And Listeners Keep Us In Print & On The Air!
Click here to subscribe to The CRUSADE Channel’s Founders Pass Member Service & Gain 24/7 Access to Our Premium, New Talk Radio Service. www.crusadechannel.com/go
What Is The Crusade Channel?
The CRUSADE Channel, The Last LIVE! Radio Station Standing begins our LIVE programming with our all original CRUSADE Channel News hosted by Ron Staffard. Coupled with Mike “The King Dude” Church entertaining you during your morning drive and Rick Barrett giving you the news of the day and the narrative that will follow during your lunch break!
We’ve interviewed over 300 guests, seen Brother Andre Marie notch his 200th broadcast of Reconquest; The Mike Church Show over 1200 episodes; launched an original LIVE! News Service; written and produced 4 Feature Length original dramas including The Last Confession of Sherlock Holmes and set sail on the coolest radio product ever, the 5 Minute Mysteries series! We were the ONLY RADIO outlet to cover the Impeachment Trials of President Trump from gavel to gavel!
Now that you have discovered The Crusade, get30 days for FREE of our premium News-Talk Radio service just head to:
https://crusadechannel.com OR download our FREE app: https://apps.appmachine.com/theveritasradionetworkappIti-
Did you know about Smith & Wesson? If you are interested in supporting small business, be sure to check out the official store of the Crusade Channel, the Founders Tradin Post! Not to mention our amazing collection of DVD’s, Cigars, T-Shirts, bumper stickers and other unique selection of items selected by Mike Church!
Post comments (0)