Smith & Wesson execs admit ‘pandemic surge’ in gun sales is over, stock takes a hit
March 03, 2022 at 17:02 PM EST
Smith & Wesson Brands Inc.'s chief executive admitted that the market for guns "has cooled significantly from the height of the pandemic surge" Thursday, while disclosing a 31% drop in sales that slammed the company's stock in after-hours trading.
