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Sales Soar for Smith & Wesson

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(CNN) — The past twelve months have been bad for gun violence, but good for one gun maker.

According to its latest earnings report, Smith and Wesson hit a record $588 million in sales for the fiscal year that ended April 30.

The gun industry, as a whole, saw a spike in demand from consumers fearing the gun control debate would make buying a gun more difficult.

Sales began rising after President Obama’s re-election and jumped after the Newtown, Conn. tragedy.


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