Did You Keep Your Stock In S&W?
You should have. From Reuters: _U.S. firearms maker Smith & Wesson Holdings Corp (SWHC.O) reported a higher-than-expected third-quarter profit, helped...
You should have.
From Reuters:
_U.S. firearms maker Smith & Wesson Holdings Corp (SWHC.O) reported a higher-than-expected third-quarter profit, helped by a double-digit growth in the sales of handguns and tactical rifles, sending its shares up 10 percent. . . .
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_However, in a regulatory filing, the company reported a 46 percent drop in sales at its hunting firearms segment.
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The company said it was not experiencing any improvement in the weak demand for hunting products.
