National Smith & Wesson parent company warns investors that gun control activism could hurt the bottom line

[Joe Link]

Smith & Wesson parent company warns investors that gun control activism could hurt the bottom line

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[nmwabbit]

Business insider Jan 2013:

"...13 years ago Smith & Wesson tried to do something that, in hindsight, seems radical: reach a compromise with the federal government by accepting some sort of gun control, in return for permission to stay in business, albeit with more strict regulation."

"...a major gun manufacturer committed to fundamentally changing the way guns are made, distributed and sold."

"The company also believed the move had PR value: It hoped to burnish its brand by becoming the foremost firearms company that cared about safety."

"The attempt nearly killed the company."

How Gun Maker Smith & Wesson Almost Went Out Of Business When It Accepted Gun Control

This observation from five years ago concerned S&W Senior Management making significant capitulations on gun control to Clinton's administration at the turn of the new century which seriously affected their business operations to the point of ruin.

It does not appear over the last five years they have pulled their heads out and are still running their company from the view from their belly button(s).

Like all things in this world...life will go on...ok perhaps without the company with the stupid senior management who didn't have the smarts [read cajones] to backup their decisions so their enterprise obtains a ROI.

 

[joefoam]

Investors should be ready for a complete loss of their investment if they capitulate to the gun control crowd. They will never be happy until they are out of business as guns are total evil.

 

[nmwabbit]

Investors should be ready for a complete loss of their investment if they capitulate to the gun control crowd. They will never be happy until they are out of business as guns are total evil.

Alas from the article, the hens are now living with the foxes and have been since 2000 under Clinton's administration. such strange bedfellows.