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Smith n Wesson thanks Obama

Discussion in 'Off Topic Threads' started by Dougbbbb, May 20, 2013.

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  1. Dougbbbb

    Dougbbbb Well-Known Member

    Jun 16, 2010
    The nation’s second largest publicly-traded gun manufacturer may need to send a thank you note to President Obama.

    For the 25th consecutive year, The Boston Globe unveiled its Globe 100 list on Sunday, ranking the best-performing public companies in Massachusetts. The Springfield-based Smith & Wesson (NASDAQ:SWHC) topped the list for the first time in history.

    In a press release, the Boston Globe explains, “Smith & Wesson secured the number one spot by achieving revenue growth of more than 40 percent in 2012, significantly improving profit margins, and delivering an average return on equity of more than 55 percent. Company sales continued to surge after intense public debate on gun ownership, and White House efforts to introduce new gun control legislation. In March the company said that, despite increasing production, it was unable to meet market demand for its firearm products.”
  2. R.Kipling

    R.Kipling Well-Known Member

    Jul 29, 2007
    And don't think for one minute that every liberal in Congress doesn't have S&W in their portfolio.

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