toddlers timberland boots ‘Trump slump’ in gun sales continues despite control debate
He has cast himself as a strong supporter of the National Rifle Association but on Wednesday criticized lawmakers for being too fearful of the NRA to take action. He also reaffirmed positions opposed by the NRA, such as banning gun sales to those under 21.
Then the next day, Trump met with NRA officials and tweeted they’d had a “Good (Great) meeting.” The NRA’s executive director, tweeting about the same meeting, said Trump and Vice President Mike Pence “don’t want gun control.”
At Rapid Fire Firearms in Rapid City, South Dakota, business is “just like normal,” owner Robert Akers said Thursday, contrasting business with the panic buying under President Barack Obama.
In an earnings conference call last week, American Outdoor Brands, which owns Smith Wesson, said revenue fell by one third over the past three months, consistent with a drop since Trump was elected.
Demand dropped in December and January, before the Florida shooting and the debates on gun laws that followed, he said. The company doesn’t expect sales to improve much over the next year.
Sturm Ruger and American Outdoor Brands have both seen their stocks plunge since Trump was elected, as they have mostly reported disappointing sales in recent months. American Outdoor Brands has plunged 67 percent since the presidential election and Sturm Ruger is down 28 percent. Bean and Walmart announced they will no longer sell guns to anyone under 21.
In addition, outdoor retailer REI says it’s halting future orders of some popular brands including CamelBak water carriers, Giro helmets and Camp Chef stoves whose parent company also makes ammunition and assault style rifles. gun production has tripled. Nine million were produced in 2015, compared with 3 million in 1986, according to the Bureau of Alcohol,
Tobacco, Firearms and Explosives. Those figures don’t reflect sales since Trump took office, bringing with him the perception he was friendlier to gun owners. also imports millions of guns annually.
At Duke’s Sport Shop in New Castle, Pennsylvania, gun sales have gone up in recent days, but that’s thanks to the annual infusion of tax refund checks, shop owner Wes Morosky said Thursday.
The family owned business started by Morosky’s father, Duke, has about 2,000 firearms in stock at any one time, including AR 15s, the assault style rifle used in the Florida shooting and the main subject of new debate about an assault rifle ban.
After the 2012 Sandy Hook school massacre, the store had a hard time keeping stock on shelves as fears arose that Obama would ban assault rifles through an executive order, Morosky said.”Generally, people are still comfortable with the government that’s intact right now,” Morosky said.
After Trump’s election, the drop in sales was almost “instantaneous,” said Delbert, a part time police officer, following nearly eight years of panic buying with a Democrat in the White House.