Gun sales
After record gun sales during the Obama administration, it stands to reason that the rush to buy would subside. Now, they have and now the false cries from the left that the gun biz is in serious financial trouble. It’s not. The Chicago Tribune didn’t get the memo describing that narrative:
The most wanted gun in America is what The New York Times dubbed the AR-15-style semiautomatic in February 2013. Even though assault weapons guns originally designed for combat use and rapid fire constitute only about 1 percent of all 300 million firearms in America, lately theyve been flying off the shelves. Demand has outpaced production.
And, of course, Colt is not in trouble for making bad products or civilian sales being down. It’s due to poor management.