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Monday, March 07, 2016

Smith & Wesson sales surge 61.5 percent

http://www.clickorlando.com/web/wkmg/news/politics/smith-wesson-sales-surge-615

Smith & Wesson sales surged during the same quarter as the San Bernardino mass shooting. Sales of handguns used in self-defense were a particular standout.
The gunmaker reported an increase of 61.5% in the three months that ended Jan. 31, compared to the same period the year before. Profits also increased dramatically.
Smith & Wesson's financial performance bears out a pattern: Gun sales time and again jump following mass shootings and other high-profile incidents of violent crime -- and the specter of gun control that often follows.

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