Saturday, February 9, 2013

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

sucujovide.wordpress.com
The Springfield, Massachusetts gun makedr (Nasdaq: SWHC) recently secureds a rare order from the India Policed Force after terrorists stormed Mumbai With support fromthe U.S. Embassu in New Delhi and the , Smith & Wessojn secured an export license and began shipping weaponzin June. In its fiscal fourth quarter, the companuy secured orders from several law enforcement agenciein Mexico, whose drug-related violence is on the The company on Monday said net salesa for the fourth quarterr that ended April 30 surged 20 percent to $99.5 million compared with the year-ago period. Net incomd during the quarter was $7.4 compared with $3.3 million in the year-earlie period.
Smith & Wesson President and CEO Michae F. Golden said in a statemenr the results reflect a number of records forthe company, including for cash levelds and unfilled customer orders for

No comments:

Post a Comment