Strong Demand for Guns and Light Trucks New products and election-year demand propel sales at Sturm, Ruger
Nov. 1, 2016 8:54 PM ET|About: Sturm, Ruger & Company Inc. (RGR)|By: Clark Schultz, SA News Editor
Strong demand for new products helped Sturm, Ruger (NYSE:RGR) increase sales 34% in Q3.
New introductions within the last two years such as the Ruger Precision Rifle, the AR-556 modern sporting rifle and the LC9s pistol accounted for 36% of all firearm revenue.
http://seekingalpha.com/news/3219506-new-products-election-year-demand-propel-sales-sturm-rugerU.S. Light Vehicle Sales Reach New HighBY TOM MOELLER NOVEMBER 1, 2016 Haver Analytics
Total sales of light vehicles during October increased 3.0% (0.6% y/y) to 18.29 million units (SAAR), and added to September's 4.5% gain.
The latest level was the strongest since July 2005.
Pacing the increase was a 4.9% rise (7.4% y/y) in sales of light trucks .Domestic light truck sales gained 4.7% (6.9% y/y) to 9.27 million units after a 3.8% rise. Truck sales increased m/m to 60.2% of the light vehicle market, up from 55.6% during all of last year.
http://www.haver.com/
Comments
(1) Dogs chase cars because when they do the "intruder" runs away and doesn't hurt anyone.
(2) Joe Doe has similarily discovered that when he's well armed the Russians don't invade. So far it's worked every time.
Thanks for helping me clear up my thinking.
https://blogs.chapman.edu/wilkinson/2016/10/11/americas-top-fears-2016/
https://www.bloomberg.com/features/2016-america-fear/
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