- Firearms sales fall 40% for firm once called Smith & Wesson
- Figures continue downward trend under pro-gun president
The “Trump slump” struck again on Wednesday as American Outdoor Brands Corporation, the gunmaker formerly known as Smith & Wesson, reported another sharp drop in sales.
Full year net sales were $606.9m compared with $903.2m a year ago, a decrease of 32.8%. Firearms sales alone were even harder hit, dropping more than 40%.
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