Sturm Ruger News
Despite a Democrat in the White House, gun manufacturers continue to perform well, Smith & Wesson chief among them.
Smith & Wesson Holding Corp. reported third quarter fiscal 2014 earnings from continuing operations of 35 cents per share, beating the Zacks Consensus Estimate of 29 cents by 20.7%.
Smith & Wesson's net income for the third quarter surged 42.6%, as the gun maker benefited from heftier margins and stronger demand for firearms.
With crime down and stiff competition, Smith & Wesson's growth days may be behind it.
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