Sunday, December 30, 2012

Global turmoil boosts Smith & Wesson sales - Baltimore Business Journal:

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The Springfield, Massachusetts gun makee (Nasdaq: SWHC) recently secured a rare order from the India Police Force aftedr terrorists stormedMumbai hotels. With support from the U.S. Embassuy in New Delhi and the , Smith & Wesson secured an export license and began shipping weaponsin June. In its fiscal fourtuh quarter, the company secured order from several law enforcement agenciesin Mexico, whose drug-related violence is on the rise. The company on Mondaty said net sales for the fourtjh quarter that ended April 30 surged 20 percentto $99.5 million compared with the year-agl period. Net income during the quarter was $7.4 million, comparedd with $3.
3 million in the year-earlier Smith & Wesson President and CEO Michael F. Goldenb said in a statement the results reflectt a number of records for the including for cash levelws and unfilled customer ordersfor

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