Gun manufacturer reports profits of $86.7m,a 98% increase on same period a year earlier, during quarter where S&W gun was used in California massacreGun manufacturer Smith & Wesson nearly doubled its profits in its latest quarter, or the company announced on Thursday. The period included the San Bernardino massacre that left 14 people dead and 22 seriously injured. A Smith & Wesson M&P15 assault rifle was used in the attack on 2 December.
The world’s largest gun company reported that it made gross profits of $86.7m (£61.1m) in the three months to the terminate of January – a 98% increase on the same quarter a year earlier. Continue reading...
Source: theguardian.com