Gunmaker Smith & Wesson just boosted guidance, says its sales are booming (SWHC)
|01/04/2016||Posted by BusinessMediaguide.Com under General World News||
Business at gunmaker Smith & Wesson is going gangbusters.
Management just announced it was raising its guidance because sales have been so strong.
For its fiscal Q3, it estimates it had $175 million to $180 million in sales, up from its earlier guidance of $150 million to $155 million. This new guidance is much higher than the $155 million expected by analysts.
More to come …
Source : BusinessInsider.Com