The Obama years were a great time for the gun business.
But since the election of Donald Trump as president and the resulting decline in fears over increased gun regulation, sales in the industry have plummeted.
On Thursday, shares of gunmaker Sturm, Ruger & Co. (RGR) were down as much as 9% after reporting results Wednesday afternoon that missed expectations. In the second quarter, sales for the company were down 22% against the same period last year while profits fell 53%.
In its earnings release, Sturm, Ruger cited, among other factors weighing on results, “Decreased overall consumer demand in 2017 due to stronger-than-normal demand during most of 2016, likely bolstered by the political campaigns for the November 2016 elections.”
Cabela’s (CAB), an outdoors retailer which sells guns, was also down about 1% on Thursday after it reported second quarter retail store sales declined 6.7%.
“Since the fall election, we have continued to see a slowdown in firearms and shooting related categories,” said Cabela’s CEO Tommy Millner.
Aww, let's all shed a tear for the death merchants.
All those years of scaring their customers into believing that Obama was going to take their shiny metal penis extenders away helped to elect Donald Trump and now they are comfortable that they can kill people that piss them off with impunity.
Which is why the NRA is now apparently attempting to start a civil war.
Yep, everybody needs guns to fight in a war, and the gun manufacturers and gun sellers of America are there to help.
I've never understoid how these special snowflakes think they could survive against a government with tanks, missiles and nuclear weapons.
ReplyDeleteThey voted for trump despite hearing about how shitty he is.
DeleteLet 'em kill each other off in their juvenile GI Joe war games. They're too stupid to realize how ridiculous they look.
DeleteProstitution at its finest.
ReplyDeleteremember, she has been pay to do the spot. funny, i don't remember that being anti-gun causes violence. eveything the NRA and trump has said and is the cause of all the protest and violence. hey, we can shoot black people now not serve in diners! hell, we can lynch! and you know it's coming. can't remember the last time i called someone a n%$!@#$%%&*&@!g. sigh. thinks were going so good.
DeleteDisgusting whore, it's a wonder her own spit doesn't poison her.
ReplyDeleteIf you pay some people enough, they will do or say anything.
Deletehope she does not kiss her grandma with that acid filled mouth.
Delete‘We’re coming for you’
ReplyDeletehttp://www.rawstory.com/2017/08/were-coming-for-you-nra-promises-to-fist-the-new-york-times-in-absurd-propaganda-video/
“We’re going to fist/fisk the New York Times and find out just what ‘deep, rich’ means to this old hag,” Dana Loesch “In short, we’re coming for you”
ReplyDeleteNRA Spox Dana Loesch Tears Reporters Apart After They Accuse Her of Using Violent Rhetoric in New Ad
http://ijr.com/the-declaration/2017/08/940178-nra-spox-dana-loesch-tears-reporters-apart-accuse-using-violent-rhetoric-new-ad/
Fists seem to feature prominently in these NRA rants by this gal. I don't think she meant the "clenched fisk of truth" in this spot any more than I think she referred to fisk as some sort of verb in the new ad. I've got a pretty extensive vocabulary, but fisk is a new one on me. In other words, I think bitch likes her some fists.
Delete“Consider this the shot across your bow,” Loesch said. “We’re going to [unclear] the New York Times and find out just what deep rich means to this old gray hag.”
ReplyDelete“In short,” she said, “we’re coming for you.” http://www.huffingtonpost.com/entry/nra-fist-new-york-times_us_59850119e4b041356ebfdd20
'Fisk' is currently one of Dictionary.com’s most searched words thanks to an NRA video threatening The New York Times
http://www.businessinsider.com/fisk-dictionarycom-most-searched-words-after-nra-new-york-times-video-2017-8
Hey kids-want to trend on twitter? Do a campaign saying you want to 'fist" the @nytimes, use #ClenchedFistOfTruth then say you meant "Fisk."
https://twitter.com/girlsreallyrule/status/893611146795663360?ref_src=twsrc%5Etfw&ref_url=http%3A%2F%2Fwww.huffingtonpost.com%2Fentry%2Fnra-fist-new-york-times_us_59850119e4b041356ebfdd20
She claims that Obama is endorsing resistance against Trump. When has Obama ever publicly even hinted at this since he left office? The NRA is ridiculous. They're not happy unless they're pissed off at something.
ReplyDeleteIf anyone has seen the tweet from Malia's unbeknownst roommate college...."imagine walking in, and Barack Obama is neating up your mini fridge." YEAH. All he thinks about is Trump.
Delete$arah Palin wannabe. You STILL have wet dreams over him, don't you, $arah?
I am so sick of these people.
Their noodles are hopelessly scrambled from years of consuming RW oligarchical propaganda. Their belief in ridiculous conspiracy theories is proof of severely diminished(if they ever existed) critical thinking skills. The party of abject stupidity is enabling the destruction of this country.
ReplyDelete