WSJ on Gun Sales

    The WSJ reports on the rise of gun sales

    As demand has risen, supply hasn’t kept up. Manufacturers are experiencing backlogs, even as they raise prices and report record profits.

    Citing the political impact of the election, Olin said its June backlog doubled compared with the year before. The company has said it plans to raise ammunition prices by 2% to 6%.

    Many suppliers of guns and ammo have been concerned that increased demand may not last and so have been hesitant to invest in additional manufacturing capacity, leaving retailers worried about adequate supplies.

    Cabela’s, which generates about a fifth of its $2.8 billion in revenue from firearms and ammunition, is offering to pay suppliers more quickly, 15 days in some cases, in hopes of becoming a favored destination for the limited inventory. It can take some retailers up to 120 days to pay gun and ammo manufacturers.

    [ Many thanks to the reader who sent us the link. ]

    Steve Johnson

    I founded TFB in 2007 and over 10 years worked tirelessly, with the help of my team, to build it up into the largest gun blog online. I retired as Editor in Chief in 2017. During my decade at TFB I was fortunate to work with the most amazing talented writers and genuinely good people!