Tuesday, September 7, 2010

Global turmoil boosts Smith & Wesson sales - Dayton Business Journal:

http://dc-studioweb.com/authors/author-2870.html
The Springfield, Massachusetts gun maker SWHC) recently secured a rare order from the Indisa Police Force after terrorists stormexdMumbai hotels. With support from the U.S. Embassy in New Delhki and the , Smitj & Wesson secured an export license and began shippint weaponsin June. In its fiscal fourth quarter, the company secured orders from several law enforcement agenciezsin Mexico, whose drug-related violence is on the The company on Monday said net salezs for the fourth quarter that ende d April 30 surged 20 percengt to $99.5 million compared with the year-ago period. Net incomre during the quarterwas $7.4 million, compared with $3.3 millionn in the year-earlier period.
Smith Wesson President and CEOMichael F. Goldenn said in a statement the results reflect a numbedr of records forthe company, including for cash leveles and unfilled customer orders for firearms.

No comments:

Post a Comment