Sales Soar for Smith & Wesson
(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.